S A Tech IPO Allotment Status

How to check S A Tech IPO Allotment Status

S A Tech IPO Allotment! Here's How You Can Check IPO Allotment Status
 
The SA Tech IPO was subscribed 621.25 times by the end of the subscription period on July 30, 2024. The IPO saw significant interest across different investor categories. Retail investors led the subscriptions with 621.77 times the offered shares, followed by non-institutional buyers (NII) at 1,178.97 times. Qualified Institutional Buyers (QIB) subscribed 201.29 times the shares offered to them. Anchor investors and market makers both subscribed exactly the shares offered to them, with a subscription rate of 1 time. Overall, the IPO attracted bids for 1,57,42,56,000 shares against 25,34,000 shares offered, amounting to a total of ₹ 9,288.11 crores. Investors can check the S A Tech Software India IPO allotment status on the official website of the registrar for IPO, Bigshare Services Private Ltd. and the BSE website.
 

S A Tech Software India IPO allotment status on Bigshare Services Limited

-Visit the Bigshare Services website here: https://ipo.bigshareonline.com/IPO_Status.html

-Select " S A Tech Software India Limited" from the company drop-down list on the Public Issues page.

-Enter your PAN nu number, application number, DP Client ID, or Account Number/IFSC.

-Click on the "SUBMIT" button.

-Download or print the allotment status for your records.

S A Tech Software India IPO allotment status on BSE

Go to the official BSE website here: https://www.bseindia.com/investors/appli_check.aspx

Select the issue type as 'Equity.'

Choose " S A Tech Software India Limited" from the dropdown menu.

Enter your application number or PAN (Permanent Account Number).

Complete the 'Captcha' for verification.

Click on the "Search" button to view your allotment status.

Download or print the allotment status for your records.

S A Tech IPO Timeline

IPO Open Date: Friday, July 26, 2024

IPO Close Date: Tuesday, July 30, 2024

Basis of Allotment: Wednesday, July 31, 2024

Initiation of Refunds: Thursday, August 1, 2024

Credit of Shares to Demat: Thursday, August 1, 2024

Listing Date: Friday, August 2, 2024
 
Investors who received shares of the company will have their demat accounts credited on August 1, 2024. The refund procedure will begin on Friday, as soon as the allotment is finalized.

 S A Tech IPO Subscription Status

Subscription Day 3

Total Subscription: 621.25 times.

Institutional investors: 201.29 times.

Non-institutional investors: 1,178.97 times.

Retail investors: 621.77 times.
 
Subscription Day 2

Total Subscription: 101.92 times.

Institutional investors: 9.00 times.

Non-institutional investors: 87.51 times.

Retail investors: 161.25 times.
 
Subscription Day 1

Total Subscription: 15.37 times.

Institutional investors: 4.28 times.

Non-institutional investors: 15.23 times.

Retail investors: 21.78 times.

S A Tech IPO allotment date: July 31, 2024.

About S A Tech IPO

Founded in 2012, S A Tech Software India Limited is an IT consulting subsidiary of SA Technologies Inc, USA. The company offers a wide range of services including application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, and data science and analytics. S A Tech Software India's product and services portfolio encompasses technology services and digital transformation services for Fortune 500 clients, assisting them in conceptualizing, designing, developing, and delivering superior products. Key offerings include artificial intelligence and machine learning, software development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, and the Global Capability Centre (GCC). As of September 30, 2023, the company employed 356 individuals.

S A Tech Software India IPO is a book-built issue of ₹ 23.01 crores, consisting entirely of a fresh issue of 39 lakh shares. The IPO is open for subscription from July 26, 2024, and closes today, July 30, 2024. The allotment is expected to be finalized on Wednesday, July 31, 2024, and the shares will be listed on the NSE SME with a tentative listing date of Friday, August 2, 2024. The IPO price band is set at ₹56 to ₹59 per share, with a minimum lot size of 2000 shares. Retail investors need to invest a minimum of ₹118,000, while HNIs must invest in at least 2 lots (4000 shares), amounting to ₹236,000. GYR Capital Advisors Private Limited is the book-running lead manager, and Bigshare Services Pvt Ltd is the registrar for the issue. Giriraj Stock Broking is the market maker for the S A Tech Software India IPO.