S A Tech Software India Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

26 Jul 2024

Close Date

30 Jul 2024

Allotment

31 Jul 2024

Listing Date

02 Aug 2024

Exchange

NSE SME

Price Band

₹59

Listing Price

See chart

Allotment Status

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Price Band

₹59

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

39,00,000 shares (aggregating up to ₹23.01 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹118,000

1 lot

Pre-IPO Holding

91,57,281 shares

Promoters

Post-IPO Holding

1,30,57,281 shares

Promoters

P/E (Pre)

14.65x

P/E (Post)

7.76x

EPS (Pre)

₹4.03

EPS (Post)

₹7.60

UPI Deadline

2024-07-30

Mandate

Anchor AllotmentThu, 25 Jul 2024

Basis of AllotmentWed, 31 Jul 2024

Refund InitiationThu, 01 Aug 2024

Demat CreditThu, 01 Aug 2024

Listing DayFri, 02 Aug 2024

UPI Mandate Deadline2024-07-30

Sale TypeFresh Capital

Net Offer to Public36,16,000 shares (aggregating up to ₹21.33 Cr)

Market Maker Quota2,84,000 shares (aggregating up to ₹1.68 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

S A Tech Software India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Jul 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	284,000	—	₹1.68
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,900,000	100%	₹23.01

IPO Shares Offered

S A Tech Software India Ltd IPO total issue size: ₹23.01 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	284,000	₹1.68	7.28%
Total	3,900,000	₹23.01	100.00%

* Based on upper price band ₹59 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹59.00

Upper Band

Min Investment

₹118,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹236,000
Retail (Max — 13 Lots)	13	26,000	₹1,534,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,652,000
B-HNI (Min — 68 Lots)	68	136,000	₹8,024,000

* Issue Price ₹59 × Lot Size 2,000 shares

IPO Schedule

Anchor

25 Jul 2024

✓ Done

IPO Open

26 Jul 2024

✓ Done

IPO Close

30 Jul 2024

✓ Done

Allotment

31 Jul 2024

✓ Done

Refunds

01 Aug 2024

✓ Done

Demat Credit

01 Aug 2024

✓ Done

Listing Day

02 Aug 2024

✓ Done

₹59.00

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Issue ₹59.00 Live Price

About S A Tech Software India Ltd

S A Tech Software India Limited was founded in 2012 and is an IT consulting subsidiary of the foreign corporation SA Technologies Inc, USA.The company provides application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.The product and services portfolio of S A Tech Software India includes:IT Services: The company provides technology services and digital transformation services to Fortune 500 clients, helping them conceptualize, design, develop and deliver better products. These include artificial intelligence and machine learning, software development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, and the Global Capability Centre (GCC).Artificial intelligence (AI) and machine learning (ML)Data science and analyticsSoftware development and engineeringDigital transformation and automationCloud and DevOps servicesQuality assurance and testingAs of September 30, 2023, the company had 356 employees.

Objects of the Issue

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company;

Funding the working capital requirements of the company; and

General Corporate Purposes.

S A Tech Software India Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹5,673.1

31 Mar 2023

₹7,238.1

31 Mar 2024

₹2,397.2

30 Jun 2024

Profit After Tax (PAT)

₹100.6

31 Mar 2023

₹368.9

31 Mar 2024

₹248.1

30 Jun 2024

Particulars	30 Jun 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	2397.18	7238.12	5673.05
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	248.07	368.86	100.59
Net Worth	1414.43	1166.35	772.48
Total Assets	4703.23	3706.06	3465.95
Reserves & Surplus	498.70	250.62	729.50
Borrowings	2105.22	1288.12	1459.18
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	10.38%	—	—

P/BV Ratio

3.82

RoCE

10.95%

RoNW

17.54%

PAT Margin

10.38%

Debt/Equity

1.49

Issue Structure & Shareholding

Total Shares Offered39,00,000 (100.00%)

Net Offer to Public36,16,000 shares (aggregating up to ₹21.33 Cr)

Reserved for Market Maker2,84,000 shares (aggregating up to ₹1.68 Cr)

Pre-Issue Promoter Holding91,57,281 shares

Post-Issue Promoter Holding1,30,57,281 shares

P/BV Ratio3.82

RoEN/A

RoCE10.95%

Debt / Equity1.49

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

GYR Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much S A Tech Software India Ltd IPO subscribed? ▲

S A Tech Software India Ltd IPO is subscribed 1.00 times by Jul 30, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is S A Tech Software India Ltd IPO retail subscription status? ▼

The S A Tech Software India Ltd IPO retail category is subscribed 1.00 times as of 30 Jul 2024. The retail portion is oversubscribed.

How to subscribe S A Tech Software India Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 26 Jul 2024 and closes 30 Jul 2024. Min investment: ₹118,000 (1 lot = 2,000 shares). UPI mandate: 2024-07-30.

How many times S A Tech Software India Ltd IPO subscribed? ▼

The S A Tech Software India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check S A Tech Software India Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 31 Jul 2024. Refunds: on 01 Aug 2024.

When S A Tech Software India Ltd IPO will be listed? ▼

The S A Tech Software India Ltd IPO listing date is 02 Aug 2024, Friday. Listed on: NSE SME. Issue price: ₹59. Estimated listing: ₹59. GMP: NIL.

When S A Tech Software India Ltd IPO close? ▼

The S A Tech Software India Ltd IPO closes on 30 Jul 2024, Tuesday. UPI mandate: 2024-07-30. Allotment: 31 Jul 2024. Listing: 02 Aug 2024.

Quick Actions

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Live Price LIVE

Last Price₹59.00

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Issue Price₹59.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹59

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹118,000

GMPNIL

Est. Listing₹59

Subscribed1.00x

Open Date26 Jul 2024

Close Date30 Jul 2024

Allotment31 Jul 2024

Listing Date02 Aug 2024

ExchangeNSE SME

UPI Deadline2024-07-30