S A Tech Software India IPO
IPO Listing Details
- Listing Date
02 Aug 2024
- Listing Price
₹ 112.10
- Listing Change
90.00%
- Last Traded Price
₹ 123.70
IPO Details
- Open Date
26 Jul 2024
- Close Date
30 Jul 2024
- IPO Price Range
₹ 56 to ₹ 59
- IPO Size
₹ 23.01 Cr
- Listing Exchange
NSE SME
- Listing Date
02 Aug 2024
IPO Timeline
S A Tech Software India IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 26-Jul-2024 | 4.28 | 15.17 | 21.51 | 15.22 |
| 29-Jul-2024 | 9.00 | 87.25 | 159.45 | 100.97 |
| 30-Jul-2024 | 201.29 | 1,178.97 | 621.77 | 621.25 |
Last Updated: 30th July 2024, 18:11 PM by 5paisa
S A Tech Software India IPO is set to open on 26 July 2024 and will close on 30 July 2024. The company is an IT consultancy subsidiary of SA Technologies Inc. in the United States.
The IPO includes a fresh issue of 39,00,000 shares aggregating up to ₹23.01 Cr. The price range is ₹56 to ₹59 per share and the lot size is 2000 shares.
The allotment is scheduled to be finalized on 31 July 2024. It will go public on NSE SME, with a tentative listing date of 2 August 2024.
GYR Capital Advisors Private Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar.
Objectives Of S A Tech Software IPO
1. Prepayment or repayment of all or a portion of certain outstanding borrowings.
2. Funding the working capital requirements.
3. General Corporate Purposes.
S A Tech Software IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 23.01 |
| Offer for sale | - |
| Fresh issue | 23.01 |
S A Tech Software IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹118,000 |
| Retail (Max) | 1 | 2000 | ₹118,000 |
| S-HNI (Min) | 2 | 4,000 | ₹236,000 |
S A Tech Software IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| QIB | 201.29 | 7,24,000 | 14,57,34,000 | 859.83 |
| NII (HNI) | 1,178.97 | 5,44,000 | 64,13,62,000 | 3,784.04 |
| Retail | 621.77 | 12,66,000 | 78,71,60,000 | 4,644.24 |
| Total | 621.25 | 25,34,000 | 1,57,42,56,000 | 9,288.11 |
S A Tech Software IPO Anchor Allocation
| Anchor Bid Date | 25 July, 2024 |
| Total no. of shares offered | 1,082,000 |
| Portion Size for Anchor Investors | 6.38 Cr. |
| Lock in Period for 50% shares (30 days) | 30 August, 2024 |
| Lock in Period for rest of shares (90 days) | 29 October, 2024 |
S A Tech Software India Limited, founded in 2012, is an IT consultancy subsidiary of SA Technologies Inc. in the United States.
The firm provides a variety 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, which serves Fortune 500 customers, provides technology and digital transformation services that assist clients in conceptualizing, designing, developing, and delivering outstanding products.
Their service offerings include artificial intelligence and machine learning, data science and analytics, software development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, and the Global Capability Center (GCC).
Peers
1. TCS
2. Infosys
3. Wipro
For more information
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 56.73 | 41.54 | 54.66 |
| EBITDA | 1.74 | -6.90 | 1.12 |
| PAT | 1.07 | -5.50 | 0.79 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 34.61 | 32.26 | 34.25 |
| Share Capital | 0.43 | 0.43 | 0.43 |
| Total Borrowings | 14.59 | 19.59 | 14.95 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 13.35 | 0.36 | 0.84 |
| Net cash from / (used in) investing activities | -0.79 | -2.48 | 0.18 |
| Net cash flow from / (used in) financing activities | 13.04 | 5.50 | -3.67 |
| Net increase (decrease) in cash and cash equivalents | -7.66 | 2.03 | -0.42 |
Strengths
1. S A Tech Software India offers a comprehensive range of IT services.
2. The company has strong capabilities in cutting-edge technologies.
3. Serving Fortune 500 clients, it has a proven track record of delivering high-quality technology services.
4. The GCC enables the company to offer extensive digital transformation.
5. The company benefits from the resources, reputation, and expertise of its parent company.
Risks
1. The IT services industry is highly competitive, with numerous domestic and international players.
2. A significant portion of revenue may come from a few key clients.
3. Rapid technological advancements require continuous investment in research and development.
4. Economic slowdowns or global financial crises can reduce IT spending by clients.
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FAQs
S A Tech Software India IPO opens from 26th July to 30th July 2024.
The size of S A Tech Software India IPO is ₹23.01 Cr.
The price of S A Tech Software India IPO is fixed at ₹56 to ₹59 per share.
To apply for S A Tech Software India IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the S A Tech Software India IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of S A Tech Software India IPO is 2000 shares and the investment required is ₹1,18,000.
The share allotment date of S A Tech Software India IPO is 31st July 2024
The S A Tech Software India IPO will be listed on 2nd August 2024.
GYR Capital Advisors Private Limited is the book-running lead manager for S A Tech Software India IPO.
S A Tech Software India plans to utilize the raised capital from the IPO for:
1. Prepayment or repayment of all or a portion of certain outstanding borrowings.
2. Funding the working capital requirements.
3. General Corporate Purposes.
Contact Information
S A Tech Software India
S A Tech Software India Limited
Off No. D-6030,
6th Floor Solitaire Bus. Hub Viman Nagar,
Pune - 411014
Phone: +91 9022909131
Email: cs@satincorp.com
Website: http://www.satincorp.com/
S A Tech Software India IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
S A Tech Software India IPO Lead Manager
GYR Capital Advisors Private Limited
