| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹5.15 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹5.15 Cr |
| Fresh Issue | ₹4.88 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน47.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543897 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Shreni Shares Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2016, Sancode Technologies Limited develops API-based software platforms and solutions.
The company provides easy-to-implement pre-built business logic and solution workflows for clients in digital transformation, workflow automation, Artificial intelligence (AI), Machine learning (ML), Robotic Process Automation (RPA), and Data Analytics, Metaverse, and Web3 applications, System Integration areas.
Sancode Technologies undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning, and AI projects including those in emerging niche segments like Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, value-added products and other business applications for corporations across the globe.
The company's customer base sits majorly in the United States of America which includes clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding working capital requirements; | 3.73 |
| 2 | General corporate purposes | 0.98 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 4.81 | 3.50 | 3.14 | 3.30 |
| Total Income | 1.81 | 2.45 | 1.60 | 0.43 |
| Profit After Tax | 0.89 | 0.75 | -0.26 | -1.13 |
| NET Worth | 3.68 | 2.87 | 2.24 | 2.21 |
| Reserves and Surplus | 3.45 | 2.64 | 2.01 | 1.98 |
| Total Borrowing | 0.21 | 0.21 | 0.64 | 0.00 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| RoNW | 21.93% |
| PAT Margin | 25.81% |
| EBITDA Margin | 16.78% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.42 | |
| P/E (x) | 10.71 | |
| Promoter Holding | 97.47% | 71.24% |
| Market Cap | โน19.12 Cr. | |