Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹34.82 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹34.82 Cr |
| Fresh Issue | ₹33.05 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹85.00-90.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SYSTANGO |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities 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: 1,600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Strategic Investment and Acquisitions | 8.00 |
| 2 | Investment in Subsidiaries | 10.00 |
| 3 | To Meet Working Capital Requirements | 10.00 |
| 4 | General Corporate Purposes | 3.43 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 27.32 | 22.89 | 15.38 | 7.44 |
| Total Income | 23.01 | 33.92 | 23.88 | 14.55 |
| Profit After Tax | 5.72 | 6.77 | 5.68 | 2.52 |
| NET Worth | 22.97 | 17.22 | 10.46 | 4.77 |
| Reserves and Surplus | 20.27 | 14.52 | 7.76 | 4.22 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 49.83% |
| ROCE | 47.62% |
| Debt / Equity | 0.32% |
| RoNW | 39.89% |
| PAT Margin | 21.78% |
| EBITDA Margin | 22.78% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.59 | |
| P/E (x) | 15.13 | |
| Promoter Holding | 97.73% | 71.96% |
| Market Cap | ₹132.02 Cr. | |
