Safa Systems & Technologies Limited IPO Review
Safa Systems & Technologies, founded in 2012, is a distributor of consumer durable items in Kerala, including mobile phones, phone accessories, tablets, LED TVs, home appliances, and wearable devices from companies such as Xiaomi, OPPO, TECNO, Micromax, and One Plus. The B2B (Business to Business) model is used by the organization.
The organization adheres to stringent quality standards and has received ISO 9001:2015 quality certifications. The firm recently opened an office in Mumbai as part of its intentions to expand into other areas of the country.
| IPO Opening Date | Jan 28, 2022 |
| IPO Closing Date | Feb 1, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 4,000,000 Eq Shares of ₹10 (aggregating up to ₹4.00 Cr) |
| FY2019 | FY2020 |
Revenue | 25,574.2 | 25,522.2 |
Expenses | 25,347.9 | 25,202.2 |
Net income | 35.8 | 31.2 |
| FY2021 | Up to 7 Oct 2021 |
Revenue | 20,866.1 | 14,519.2 |
Expenses | 20,632.7 | 14,351.9 |
Net income | 29.3 | 27.3 |
Earnings Per Share (EPS): INR 0.32
Price/Earnings (PE ratio): 30.87
Return on Net Worth (RONW): 3.48%
Net Asset Value (NAV): INR10 per share
Listing Performance of Safa Systems & Technologies Limited IPO
Listed On : Feb 9, 2022
Issue Price : INR 10
Listing Day Close : Feb 01, 2022
Listing Day Gain : NA
NSE : NA
ISIN CODE : INE0JNA01014
BSE : NA
Dilip Davda – Avoid
| IPO Open Date | Jan 28, 2022 |
| IPO Close Date | Feb 1, 2022 |
| Basis of Allotment Date | Feb 4, 2022 |
| Initiation of Refunds | Feb 7, 2022 |
| Credit of Shares to Demat Account | Feb 8, 2022 |
| IPO Listing Date | Feb 9, 2022 |
Safa Systems & Technologies Limited
46/2631 B, Safa Arcade,
Kaniyapilly Road, Chakkaraparambu,
Ernakulam-682028, Kerala, India
Phone: 7593001140
Email: office@sssinfo.in
Website: http://www.sssinfo.in/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/
Category | Non -retail | Retail | Total |
Shares Offered | 20,00,000 | 20,00,000 | 40,00,000 |
Day 1 | 1.54 | 1.20 | 1.37 |
Day 2 | – | – | – |
Day 3 | – | – | – |
Safa Systems & Technologies Limited IPO FAQ's
The Safa Systems & Technologies Limited IPO is a BSE SME IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹4.00 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.
The initial public offering (IPO) begins on Jan 28, 2022 and ends on Feb 1, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Safa Systems & Technologies Limited IPO opens on Jan 28, 2022 and closes on Feb 1, 2022. The IPO Issue date may list on Feb 9, 2022.
Safa Systems & Technologies Limited IPO Market lot size is 10000 Shares and the minimum order quantity is 10000 Shares.
The finalisation of Basis of Allotment for Safa Systems & Technologies Limited IPO will be done on Feb 4, 2022. and the allotted shares will be credited to your demat account by Feb 8, 2022. Check the Safa Systems & Technologies Limited IPO status.
The Safa Systems & Technologies Limited IPO listing date is on Feb 9, 2022.
Safa Systems & Technologies Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Safa Systems & Technologies Limited IPO Comments
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