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Systango Technologies Ltd.

Systango Technologies Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹90
₹90
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹90
Based on GMP
Min. Investment
₹144,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
02 Mar 2023
Close Date
06 Mar 2023
Allotment
10 Mar 2023
Listing Date
15 Mar 2023
Exchange
NSE SME
Price Band
₹90
Listing Price
See chart
Allotment Status
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Price Band
₹90
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
38,68,800 shares (aggregating up to ₹34.82 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
1,08,00,000 shares
Promoters
Post-IPO Holding
1,46,68,800 shares
Promoters
P/E (Pre)
15.13x
 
UPI Deadline
2023-03-06
Mandate
Anchor AllotmentWed, 01 Mar 2023
Basis of AllotmentFri, 10 Mar 2023
Refund InitiationMon, 13 Mar 2023
Demat CreditTue, 14 Mar 2023
Listing DayWed, 15 Mar 2023
UPI Mandate Deadline2023-03-06
Sale TypeFresh Capital
Net Offer to Public36,72,000 shares (aggregating up to ₹33.05 Cr)
Market Maker Quota1,96,800 shares (aggregating up to ₹1.77 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Systango Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Mar 2023.
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
196,800
 — ₹1.77
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
3,868,800
 100% ₹34.82
IPO Shares Offered
Systango Technologies Ltd. IPO total issue size: ₹34.82 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 196,800 ₹1.77
5.09%
Total 3,868,800 ₹34.82
100.00%
* Based on upper price band ₹90 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹90.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹288,000
Retail (Max — 13 Lots)1320,800₹1,872,000
S-HNI (Min — 14 Lots)1422,400₹2,016,000
B-HNI (Min — 68 Lots)68108,800₹9,792,000
* Issue Price ₹90 × Lot Size 1,600 shares
IPO Schedule
Anchor
01 Mar 2023
✓ Done
IPO Open
02 Mar 2023
✓ Done
IPO Close
06 Mar 2023
✓ Done
Allotment
10 Mar 2023
✓ Done
Refunds
13 Mar 2023
✓ Done
Demat Credit
14 Mar 2023
✓ Done
Listing Day
15 Mar 2023
✓ Done
Systango Technologies Ltd. — Live Price LIVE
₹90.00
INR · NSE
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Issue ₹90.00 Live Price
About Systango Technologies Ltd.
Incorporated in 2004, Systango Technologies Limited is engaged in the business of providing software solutions. The offerings of the company enable companies to design, implement and manage their own customized digital platforms.These platforms designed by Systango include Web2, Web3, and mobile applications with a strong emphasis on data and analytics.The range of software solutions provided by the company is wide and includes- Website development, Mobile app development (both for iOS and Android applications), Web3 development, DeFi (Decentralized finance), Data Engineering, Implementation of blockchain, Cloud computing and Digital Marketing.Systango Technologies offers its services across various sectors like Hospitality, Property Tech, Financial Services (FinTech), Fantasy Sports, and many others.The company has evolved as a professional and technical service provider over the years of its operations. Their end-to-end technology solutions and support help entities and organization effectively implement innovations in their system and keep up with the new-age world.
Objects of the Issue
1
Strategic Investment and Acquisitions
2
Investment in Subsidiaries
3
To Meet Working Capital Requirements
4
General Corporate Purposes
Systango Technologies Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,388.1
31-Mar-21
₹3,392.1
31-Mar-22
₹2,301.3
30-Sep-22
Profit After Tax (PAT)
₹568.3
31-Mar-21
₹677.0
31-Mar-22
₹572.3
30-Sep-22
Particulars30-Sep-2231-Mar-2231-Mar-21
Revenue from Operations 2301.30 3392.10 2388.09
EBITDA N/A N/A N/A
Profit After Tax (PAT) 572.30 676.99 568.26
Net Worth 2296.98 1722.49 1045.50
Total Assets 2732.41 2288.97 1537.57
Reserves & Surplus 2026.98 1452.49 775.50
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Issue Structure & Shareholding
Total Shares Offered38,68,800 (100.00%)
Net Offer to Public36,72,000 shares (aggregating up to ₹33.05 Cr)
Reserved for Market Maker1,96,800 shares (aggregating up to ₹1.77 Cr)
Pre-Issue Promoter Holding1,08,00,000 shares
Post-Issue Promoter Holding1,46,68,800 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Systango Technologies Ltd. IPO subscribed? ▲

Systango Technologies Ltd. IPO is subscribed 1.00 times by Mar 06, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Systango Technologies Ltd. IPO retail subscription status? ▼

The Systango Technologies Ltd. IPO retail category is subscribed 1.00 times as of 06 Mar 2023. The retail portion is oversubscribed.

How to subscribe Systango Technologies Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 02 Mar 2023 and closes 06 Mar 2023. Min investment: ₹144,000 (1 lot = 1,600 shares). UPI mandate: 2023-03-06.

How many times Systango Technologies Ltd. IPO subscribed? ▼

The Systango Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Systango Technologies 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: 10 Mar 2023. Refunds: on 13 Mar 2023.

When Systango Technologies Ltd. IPO will be listed? ▼

The Systango Technologies Ltd. IPO listing date is 15 Mar 2023, Wednesday. Listed on: NSE SME. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Systango Technologies Ltd. IPO close? ▼

The Systango Technologies Ltd. IPO closes on 06 Mar 2023, Monday. UPI mandate: 2023-03-06. Allotment: 10 Mar 2023. Listing: 15 Mar 2023.

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Live Price LIVE
Last Price₹90.00
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Issue Price₹90.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹90
Face Value₹10
Lot Size1,600 Sh
Min. Amount₹144,000
GMPNIL
Est. Listing₹90
Subscribed1.00x
Open Date02 Mar 2023
Close Date06 Mar 2023
Allotment10 Mar 2023
Listing Date15 Mar 2023
ExchangeNSE SME
UPI Deadline2023-03-06