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SME IPO Status: Listed [26th Jul 2024 to 30th Jul 2024]
S A Tech Software India IPO, a SME IPO of ₹23.01 Cr was launced on 26-07-2024 to 30-07-2024 and the shares got listed on NSE SME on 02-08-2024.
The public issue of S A Tech Software India IPO (SATECH) was offered at ₹59.00 per share and the ipo was listed at ₹112.10. It has delivered listing gain of 90.00%.
As the minimum lot size was 2000 shares, the IPO has offered Rs 106200.00 per lot return on listing.
| SME IPO Issue Opening Date: | 26th Jul 2024 |
| SME IPO Issue Closing Date: | 30th Jul 2024 |
| SME IPO Issue Price: | ₹56.00-59.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35.00% of the Offer |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹23.01 Cr |
| Fresh Issue: | ₹23.01 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 79.27% |
| Promoter Holding Post IPO: | |
| Allotment Status: | Allotment Status |
| NSE Code: | SATECH |
Get important updates regarding S A Tech Software India SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 31st Jul 2024 |
| Refunds Initiation* | 1st Aug 2024 |
| Credit of Shares to Demat* | 1st Aug 2024 |
| SME IPO Listing Date* | 2nd Aug 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹56.00-59.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹118000 |
| Min HNI Lots: | 4000 shares (2 lots)- ₹236000 |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 02-08-2024 | 59.00 | 80 | 121600 | ₹139 (135.59%) | 2-Aug-2024 10:31 |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
S A Tech Software India Limited was incorporated in November 2012 and is an IT consulting subsidiary of SA Technologies Inc, a foreign company in USA, founded by Mr. Manoj Joshi and Ms. Priyanka Joshi, who have over two decades of experience in Information Technology. Their company has more than a decade of experience in serving clients across the globe and domestically. Their company has entered into a service partnership with their holding company to cater to the needs of foreign clients.
The company's main line of business is services, including outsourced technology services and digital transformation services for some Fortune 500 clients to help them conceptualise, design, develop and deliver better products. The company has partnerships with some key technology partners (such as Microsoft and Google), which solidifies its reputation and emphasises its experience and commitment to the technology industry.
The company offers: AI and ML, SW development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, Global Capabilities Centre (GCC), and data science and analytics.
| Incorporation | Sector | IPO Issue Size | Website |
| 2012 | Computers - Software & Consulting | ₹23.01 Cr | http://www.satincorp.com/ |
The company proposes to utilize the Net Proceeds towards funding the following objectives:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 724,000 (28.57%) | 544,000 (21.47%) | 1,266,000 (49.96%) | 2,534,000 | |
| 1 | 26th Jul 2024 19:31 | 4.28x | 15.23x | 21.78x | 15.37x |
| 2 | 29th Jul 2024 19:32 | 9.00x | 87.51x | 161.25x | 101.92x |
| 3 | 30th Jul 2024 18:21 | 201.29x | 1,178.97x | 621.77x | 621.25x |
S A Tech Software India Limited's revenue increased by 27.59% and profit after tax (PAT) rose by 266.7% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,703.23 | 3,706.06 | 3,465.95 | 3,229.19 |
| Revenue | 2,397.18 | 7,238.12 | 5,673.05 | 4,154.37 |
| Profit After Tax | 248.07 | 368.86 | 100.59 | -548.25 |
| Net Worth | 1,414.43 | 1,166.35 | 772.48 | 663.89 |
| Reserves and Surplus | 498.70 | 250.62 | 729.50 | 620.91 |
| Total Borrowing | 2,105.22 | 1,288.12 | 1,459.18 | 1,959.34 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| S A Tech Software India Limited | 1.19 | 1.19 | 178.63 | 50.4 | 13.96 | |
| Asm Technologies Ltd. | 15.06 | 15.06 | 67.05 | 55.14 | 13.31 | |
| Moschip Technologies Ltd | 0.32 | 0.3 | 6.8 | 165.18 | 5.46 | |
| Infobeans Technologies Limited | 15.18 | 15.09 | 111.98 | 30.34 | 13.24 | |
| Onward Technologies Ltd. | 7.34 | 7.16 | 77.94 | 55.77 | 6.6 | |
| 3i Infotech Limited | 3.1 | 3.05 | 38.16 | 343.13 | 0.21 |
Last Updated on 12-Aug-2024 16:07:57
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase S A Tech Software India SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply S A Tech Software India SME IPO with Zerodha.
Alternate approch to apply in S A Tech Software India SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
S A Tech Software India SME IPO Review and Important Updates
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To subscribe or apply in S A Tech Software India SME IPO, you can use the following methods:
| S A Tech Software India SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in S A Tech Software India SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in S A Tech Software India SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in S A Tech Software India SME IPO. Most of the Syndicate Banks provide access to apply in S A Tech Software India IPO via ASBA process. You must have your net banking access, DP ID information to apply in S A Tech Software India SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in S A Tech Software India SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
S A Tech Software India SME IPO Review and Important Updates
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S A Tech Software India SME IPO is going to be list on 02-08-2024. NSE Code for S A Tech Software India is SATECH.
Other relevant questions:
When S A Tech Software India SME IPO will be listing? S A Tech Software India SME IPO NSE listing date?S A Tech Software India SME IPO date of listing
S A Tech Software India SME IPO Allotment Date is 31-07-2024.
Other relevant questions:
S A Tech Software India SME IPO share allotment date?S A Tech Software India SME IPO allotment date?
