S A Tech Software India Limited IPO
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 26 Jul 24 – 30 Jul 24 | ₹1,12,000 | 2,000 | ₹56 – ₹59 |
Issue Size | IPO Doc |
|---|---|
| 23.01Cr |
About S A Tech Software India Limited
| Founded in | 2012 |
| Parent organisation | S A Tech Software India Ltd |
Open Your Free Demat Account
By Popular Stock Brokers
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
S A Tech Software offers various tech and digital services to help clients create and improve their products. They work with advanced technologies like artificial intelligence (AI) and machine learning (ML), develop software and mobile apps, and enhance user experience design. They also automate processes using robotic automation and the Internet of Things (IoT), manage cloud services, and handle DevOps tasks. Additionally, they ensure quality testing of their projects.
The company also provides Global Capability Centre (GCC) services, which help optimize offshore technology and business operations. This includes setting up GCCs, finding and managing talent, ensuring operational excellence, enabling technology, and giving strategic advice.
S A Tech Software India Limited, founded in 2012, is a part of the US-based SA Technologies Inc.
Key Services:
- IT Services: Offering technology and digital transformation services to big companies. This includes AI and ML, software development, digital automation, cloud and DevOps services, and quality testing.
- GCC Services: Helping companies set up and manage offshore delivery centers for tech and business operations.
The IPO is a fresh issue of 39 lakh shares, amounting to Rs 23.01 crores. The IPO opens for subscription on July 26, 2024, and closes on July 30, 2024. The allotment of shares is expected to be finalized on July 31, 2024. The shares will be listed on NSE SME on August 2, 2024.
The price band is set at ₹56 to ₹59 per share. Retail investors need to buy at least 2000 shares, requiring a minimum investment of ₹118,000. High net-worth individuals (HNIs) must invest in a minimum of 2 lots (4000 shares), amounting to ₹236,000.
Management and Coordination:
- Lead Manager: GYR Capital Advisors Private Limited.
- Registrar: Bigshare Services Pvt Ltd.
- Market Maker: Giriraj Stock Broking.
Open Your Free Demat Account
By Popular Stock Brokers
FREE Account Opening & Flat ₹20 Per Trade in F&O
Use code PRA6RI69IND
Financial Information
Between the financial years ending March 31, 2023, and March 31, 2024, S A Tech Software India Limited saw its revenue increase by 27.59% and its profit after tax (PAT) surge by 266.7%
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,703.23 | 3,706.06 | 3,465.95 | 3,229.19 |
| Revenue | 2,397.18 | 7,238.12 | 5,673.05 | 4,154.37 |
| Profit After Tax | 248.07 | 368.86 | 100.59 | -548.25 |
| Net Worth | 1,414.43 | 1,166.35 | 772.48 | 663.89 |
| Reserves and Surplus | 498.70 | 250.62 | 729.50 | 620.91 |
| Total Borrowing | 2,105.22 | 1,288.12 | 1,459.18 | 1,959.34 |
| Amount in ₹ Lakhs | ||||
Open Your Free Demat Account
By Popular Stock Brokers
FREE Account Opening &
Flat ₹20 Per Trade in F&O
IPO Timeline
S A Tech Software India IPO opens on July 26, 2024, and closes on July 30, 2024.
| 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 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 30, 2024 |
Open Your Free Demat Account
By Popular Stock Brokers
FREE Account Opening & Flat ₹20 Per Trade in F&O
IPO FAQs
S A Tech Software provides technology services including artificial intelligence (AI), machine learning (ML), software and mobile app development, cloud services, and quality assurance. They also specialize in digital automation, Internet of Things (IoT) solutions, and Global Capability Centre (GCC) services.
The company was founded in 2012.
S A Tech Software India Limited is a subsidiary of SA Technologies Inc, based in the USA.
The IPO (Initial Public Offering) aims to raise funds for the company’s growth and expansion, including potential investments in new technologies and services.
The IPO will open for subscription on July 26, 2024, and close on July 30, 2024.
The IPO sets the share price between ₹56 and ₹59 each.
The IPO offers a total of 39 lakh shares.
Retail investors need to invest at least ₹118,000 to buy 2000 shares
The IPO is managed by GYR Capital Advisors Private Limited and registrar duties handling by Bigshare Services Pvt Ltd . Giriraj Stock Broking is the market maker.
Investors can apply for the IPO through their brokerage accounts or through the online application process provided by the company.
Open Your Free Demat Account
By Popular Stock Brokers
FREE Account Opening & Flat ₹20 Per Trade in F&O
