| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹115.60 Cr |
| Reserved for Market Maker | ₹5.85 Cr |
| Net Issue Size | ₹115.60 Cr |
| Fresh Issue | ₹101.95 Cr |
| Offer for Sale | ₹7.80 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน185.00-195.00 per share |
| BSE Code | 544541 |
| Registrar | Cameo Corporate Services 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: 1,200 shares ยท Multiples of 600 shares
Incorporated in March 2000, Systematic Industries Limited operates in the steel wire industry, manufacturing and supplying steel wires and cables for power transmission, infrastructure, telecommunications, and agro-based sectors.
The company is certified by ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. The company offers a portfolio of Steel wires, including Carbon steel wire (MS Wire), High carbon wire (HC Wire), Mild Steel Wire, Galvanized Iron Wire, Cable Armour Wire, Aluminium conductor steel-reinforced cable (ACSR Core wire), and Aluminium Clad Steel (ACS) Wire, along with Optical Ground Wires (OPGW) and Optical Fibre Cable (OFC).
These products have electrical and mechanical properties for power generation, data transmission, and distribution, ensuring efficiency and reliability across various industries.
The company has four factories, of which three are situated in Daman & Diu and one is situated in Valsad, Gujarat with a combined installed capacity of 1,00,000 MTPA.
The company sells its products in approximately 25 states and Union Territories in India and also exports its products to more than 30 countries, such as Sri Lanka, Japan, Bhutan, Canada, and Brazil.
As of July 31, 2025, the company's factories had a workforce of approximately 413 employees, of which 17 are in the Quality Department and 15 employees in the Research and Development Department.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of borrowing availed by the Company | 95.00 |
| 2 | General Corporate Purpose | 4.29 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 205.71 | 161.55 | 130.34 |
| Total Income | 449.21 | 372.60 | 321.90 |
| Profit After Tax | 18.46 | 12.41 | 6.31 |
| EBITDA | 33.97 | 24.10 | 12.96 |
| NET Worth | 80.83 | 62.37 | 49.63 |
| Reserves and Surplus | 64.03 | 61.38 | 48.98 |
| Total Borrowing | 99.12 | 79.00 | 62.26 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 25.78% |
| ROCE | 16.44% |
| Debt / Equity | 1.23% |
| RoNW | 22.84% |
| PAT Margin | 4.13% |
| EBITDA Margin | 7.61% |
| Price to Book Value | 4.05 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 10.99 | 8.27 |
| P/E (x) | 17.75 | 23.59 |
| Promoter Holding | 99.95% | 73.41% |
| Market Cap | โน435.46 Cr. | |