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STSYSTANGOListed

Systango Technologies Limited

Bookbuilding IPO · NSE

Price band
₹90 - ₹90
Lot size
1,600 shares
Issue amount
₹34.82 cr
Total subscription
64.99×
Current price₹257.6
Listing price ₹98
Watch live price ↗
Opens
2 Mar 2023
Closes
6 Mar 2023
Allotment
10 Mar 2023
Listing
15 Mar 2023

Offer at a glance

Issue overview

Issue size
38,68,800 shares
Face value
₹10 per share
Minimum investment
₹1,44,000
Fresh issue
₹34.82 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,44,000
Issue type
Bookbuilding IPO
Shares before issue
1,08,00,000
Shares after issue
1,46,68,800

Lot sizes

CategoryLotsSharesAmount
RETAIL11,600₹1,44,000
HNI23,200₹2,87,999

Share reservation

QIB47.39%
NII (HNI)14.27%
RETAIL33.25%
Market Maker5.09%

Subscription & GMP

Subscription by category

Total subscribed64.99×

Subscription figures are awaiting publication.

GMP history

011.52325 Mar: ₹2312 Nov: ₹23
25 Mar₹2312 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
01,0002,0003,0004,000Sep 2022 · Revenue: 2,301.3Sep 2022 · Profit after tax: 572.3Sep 2022Mar 2022 · Revenue: 3,392.1Mar 2022 · Profit after tax: 676.99Mar 2022Mar 2021 · Revenue: 2,388.09Mar 2021 · Profit after tax: 568.26Mar 2021Mar 2020 · Revenue: 1,455.31Mar 2020 · Profit after tax: 251.88Mar 2020
RevenueProfit after tax

Company information

Company profile

Incorporated in 2004, Systango Technologies Limited provides comprehensive software solutions that help companies design, implement, and manage customized digital platforms, including Web2, Web3, and mobile applications with a strong focus on data and analytics. Its wide range of services covers website and mobile app development, Web3 and DeFi solutions, blockchain implementation, cloud computing, data engineering, and digital marketing. Serving diverse industries such as hospitality, proptech, fintech, and fantasy sports, Systango has established itself as a professional technology partner offering end-to-end digital solutions that empower businesses to innovate and adapt to the evolving digital landscape.

Strengths

  • NAN

Promoters

Vinita Rathi

Nilesh Rathi

Registrar & documents

Lead manager

Hem Securities Limited

Registered office

Third Floor (LHS), STP-I Crystal IT Park, Ring Road, Indore - 452010

+91 0731 2971030

[email protected]Company website ↗

Understanding SYSTANGO 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.