Systango Technologies IPO Review
Systango Technologies IPO Overview
Systango Technologies Limited is a company that offers software solutions and was founded in 2004. Companies can design, implement, and manage their own custom digital platforms thanks to the company’s offerings.
Web2, Web3, and mobile applications are among the Systango-designed platforms, with a focus on data and analytics.
Website creation, mobile app development (for both iOS and Android applications), Web3 development, DeFi (Decentralized Finance), Data Engineering, Implementation of blockchain, Cloud computing, and Digital Marketing are just a few of the many software solutions offered by the company.
Across a number of industries, including hospitality, real estate technology, financial services (FinTech), fantasy sports, and others, Systango Technologies provides its services.
Systango Technologies IPO Details
IPO Date | Mar 2, 2023 to Mar 6, 2023 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | [.] to [.] per share |
Lot Size | |
Issue Size | 3,868,800 shares of ₹10 (aggregating up to ₹[.] Cr) |
Fresh Issue | 3,868,800 shares of ₹10 (aggregating up to ₹[.] Cr) |
Market Maker portion | 196,800 shares |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
QIB Shares Offered | Not more than 50% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
Company Promoters | Vinita Rathi and Nilesh Rathi are the promoters of the company. |
Systango Technologies IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 744.32 | 1,455.31 |
31-Mar-21 | 1,537.57 | 2,388.09 |
31-Mar-22 | 2,288.97 | 3,392.10 |
30-Sep-22 | 2,732.41 | 2,301.30 |
Amount in ₹ Lakhs | ||
Profit After Tax | Net Worth | Reserves and Surplus |
251.88 | 476.81 | 421.81 |
568.26 | 1,045.50 | 775.50 |
676.99 | 1,722.49 | 1,452.49 |
572.30 | 2,296.98 | 2,026.98 |
Amount in ₹ Lakhs | ||
Systango Technologies IPO Key Ratios
FY 2020 | FY 2021 | FY 2022 | |
EPS | 2.33 | 5.26 | 6.27 |
PE ratio | – | – | 14.35 |
RONW (%) | 52.83 | 54.35 | 39.30 |
NAV | 4.41 | 9.68 | 15.95 |
ROCE (%) | 61.38 | 64.88 | 46.90 |
EBITDA (%) | 21.29 | 27.27 | 22.74 |
Debt/Equity | 0.56 | 0.46 | 0.32 |
Systango Technologies IPO GMP Trend
Date | GMP Premium |
27 Feb 2023 | 10 |
Listing Performance of Systango Technologies IPO
Listed On : NSE SME
Issue Price : [.] to [.] per share
Listing Day Close :
Listing Day Gain :
Systango Technologies IPO ISIN Number Code
NSE : NA
ISIN CODE : INE0O7R01011
BSE : NA
Systango Technologies IPO Allotment Status
Systango Technologies IPO Important Dates
Opening Date | Mar 2, 2023 |
Closing Date | Mar 6, 2023 |
Basis of Allotment | Mar 10, 2023 |
Initiation of Refunds | Mar 13, 2023 |
Credit of Shares to Demat | Mar 14, 2023 |
Listing Date | Mar 15, 2023 |
Systango Technologies IPO Contact Details
Third Floor (LHS),
STP-I Crystal IT Park, Ring Road,
Indore – 452010
Phone: +91 0731 2971030
Email: cs@systango.com
Website: http://www.systango.com/
Systango Technologies IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Systango Technologies IPO FAQ's
The Systango Technologies IPO is an IPO of ₹[.] per equity share with a face value of 10 per equity share.
The issue size is priced at 3,868,800 shares of ₹10 (aggregating up to ₹[.] Cr).
The fresh issue size priced at 3,868,800 shares of ₹10 (aggregating up to ₹[.] Cr).
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Systango Technologies IPO begins on Mar 2, 2023 and closes on Mar 6, 2023.
Systango Technologies IPO Market lot size is [.], Shares.
The finalization of Basis of Allotment for Systango Technologies IPO will be done on March 10, 2023 and the allotted shares will be credited to your demat account by March 14, 2023. Check the Systango Technologies IPO status.
The Systango Technologies IPO listing date is on Mar 15, 2023.
Systango Technologies 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.
Systango Technologies IPO Comments
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