SANCODE TECHNOLOGIES LIMITED (BSE SME)

Mar 31, 2023 - Apr 6, 2023

Price ₹47 - ₹47
Premium
Lot size 3000
Allotment Apr 13, 2023
Listing Apr 18, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 3000 141000 0
HNI 2 6000 282000 0
Investor CategorySubscription (times)
Non-Institutional Buyers3.98
Retail Investors3.39
Total3.68

Total Application : 815 (4.71 times)

About

Sancode Technologies IPO Lot Size

The Sancode Technologies IPO lot size is 3000 shares.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹141,000
Retail (Max) 1 3000 ₹141,000
HNI (Min) 2 6,000 ₹282,000
Lot Size Calculator

Incorporated in 2016, Sancode Technologies Limited develops API-based software platforms and solutions.

The company provides easy-to-implement pre-built business logic and solution workflows for clients in digital transformation, workflow automation, Artificial intelligence (AI), Machine learning (ML), Robotic Process Automation (RPA), and Data Analytics, Metaverse, and Web3 applications, System Integration areas.

Sancode Technologies undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning, and AI projects including those in emerging niche segments like Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, value-added products and other business applications for corporations across the globe.

The company's customer base sits majorly in the United States of America which includes clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.

Sancode Technologies IPO Details

Total Issue Size 1,095,000 shares
(aggregating up to ₹5.15 Cr)
Fresh Issue 1,095,000 shares
(aggregating up to ₹5.15 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Sancode Technologies IPO Reservation

Other Shares Offered 50% of the Net Issue
Retail Shares Offered 50% of the Net Issue
Market Maker portion 57,000 shares (SHRENI SHARES PRIVATE LIMITED)

Company Financials

Period Ended 31-Mar-20 31-Mar-21 31-Mar-22 30-Sep-22
Total Assets 330.45 313.96 349.87 481.26
Total Revenue 43.08 159.74 244.81 180.62
Profit After Tax -112.98 -26.17 75.12 89.36
Net Worth 220.83 223.56 287.07 367.54
Reserves and Surplus 197.95 200.69 264.19 344.67
Total Borrowing 0.22 63.73 20.76 21.20
Lead Manager(s)
Strength
Weakness
Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/