S A Tech Software India Limited
Bookbuilding IPO · NSE
- Price band
- ₹56 - ₹59
- Lot size
- 2,000 shares
- Issue amount
- ₹23.01 cr
- Total subscription
- 621.49×
- Opens
- 26 Jul 2024
- Closes
- 30 Jul 2024
- Allotment
- 31 Jul 2024
- Listing
- 2 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 39,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹23.01 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹2,36,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 91,57,281
- Shares after issue
- 1,30,57,281
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,18,000 |
| HNI | 2 | 4,000 | ₹2,36,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.27 | 859.83 |
| RETAIL | 7.47 | 4,645.7 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 2.71 | 4.06 | 1.2 |
| ROE | 0 | 0 | 0 |
| ROCE | 10.95 | 32.24 | 19.66 |
| RONW | 17.54 | 31.63 | 14.06 |
| PRE IPO(PE) | 14.65 | 0 | 0 |
| POST IPO(PE) | 7.76 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2012, S A Tech Software India Limited is the Indian arm of SA Technologies Inc, USA, specializing in IT consulting services. The company offers a wide range of solutions, including app development, cloud services, AI & machine learning, IoT solutions, and data analytics. With 356 employees as of September 30, 2023, they cater to Fortune 500 clients, helping businesses transform digitally, automate processes, and build high-quality software products through their Global Capability Centre (GCC). Their focus is on delivering innovative, tech-driven solutions to help clients create better products and services.
Strengths
- Experienced Leadership: S A Tech Software India Limited is led by a highly experienced promoter and senior management team, bringing deep industry knowledge to guide the company with smart decisions and strategic direction.
- Global Reach: The company serves Fortune 500 clients worldwide, using its strong international presence to deliver top-notch IT consulting services across various markets.
- Flexible Business Model: With a scalable and adaptable business model, S A Tech Software India can quickly expand its operations, keeping up with changing technology and fulfilling diverse client needs with innovation and efficiency.
Risk factors
- Office on Rent Dependency: S A Tech Software India Limited works from rented branch offices, so if they have to leave these offices, it could disturb their business and affect work.
- Legal Compliance Issues: The company hasn't filed some required forms under the Companies Act, which could lead to penalties and harm its reputation.
- Possible Financial Penalties: Not following legal rules might result in fines, which could impact the company's finances and day-to-day operations.
Promoters
SA Technologies Inc., USA
Mr. Manoj Joshi
Mrs. Priyanka Joshi
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune - 411014
+91 9022909131
[email protected]Company website ↗Understanding SATECH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.