S A Tech Software India Limited (NSE SME)
Jul 26, 2024 - Jul 30, 2024
| Price | ₹56 - ₹59 |
| Premium | ₹80 |
|---|---|
| Lot size | 2000 |
| Allotment | Jul 31, 2024 |
| Listing | Aug 2, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 118000 | 633 |
| HNI | 2 | 4000 | 236000 | 272 |
Last updated on 30-Jul-2024 23:35:47
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 724000 | 145734000 | 201.29 |
| NIB | 544000 | 641708000 | 1179.61 |
| RETAIL | 1266000 | 787406000 | 621.96 |
| Total | 2534000 | 1574848000 | 621.49 |
| Retail Apps | 393703 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹93.43 | @8% ₹106.78 | @9% ₹120.13 | @10% ₹133.47 | @11% ₹146.82 | @12% ₹160.17 |
Founded in 2012, S A Tech Software India Limited is an IT consulting subsidiary of SA Technologies Inc, USA. Specializing in a broad spectrum of services, the company provides expertise in application and mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, and data science and analytics. Serving Fortune 500 clients, S A Tech Software India offers comprehensive IT services, including digital transformation, automation, software development, cloud and DevOps, and quality assurance through their Global Capability Centre (GCC). With a strong team of 356 employees as of September 30, 2023, the company is committed to helping clients conceptualize, design, develop, and deliver superior products by leveraging cutting-edge technologies and innovative solutions.
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 32.46% | 1266000 |
| NII (HNI) | 13.95% | 544000 |
| Anchor | 27.74% | 1082000 |
| QIB | 18.56% | 724000 |
| Market Maker | 7.28% | 284000 |
| Total | 100.00% | 3900000 |
IPO Details
| Total Issue Size | 3,900,000 shares (aggregating up to 23.01 Cr) |
| Fresh Issue | 3,900,000 shares (aggregating up to 23.01 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,157,281 |
| Share holding post issue | 13,057,281 |
| Market Maker portion | 284,000 shares Giriraj Stock Broking |
Key Performance Indicators
| KPI | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROCE | 10.95% | 32.24% | 19.66% |
| RONW | 17.54% | 31.63% | 14.06% |
| D/E | 1.49 | 1.10 | 1.89 |
| EPS (basic) | 2.71 | 4.06 | 1.20 |
P/E Pre IPO | 14.65 | ||
P/E Post IPO | 7.76 |
Financial Statement (Restated)
| Period Ended | Jun-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 4703.23 | 3706.06 | 3465.95 | 3229.19 |
| Revenue | 2397.18 | 7238.12 | 5673.05 | 4154.37 |
| Profit After Tax | 248.07 | 368.86 | 100.59 | -548.25 |
| Net Worth | 1414.43 | 1166.35 | 772.48 | 663.89 |
| Reserves and Surplus | 498.70 | 250.62 | 729.50 | 620.91 |
| Total Borrowing | 2105.22 | 1288.12 | 1459.18 | 1959.34 |
| Amount in Lakhs | ||||
GYR Capital Advisors Limited
428, Gala Empire, Near T.B. Tower Drive In Road
Thaltej, Ahmedabad – 380054
Gujarat, India
Website: http://www.gyrcapitaladvisors.com/
Email: info@gyrcapitaladvisors.com
Phone: +91-82009 31018
Experienced Promoter and Qualified Senior Management Team: S A Tech Software India Limited boasts a leadership team with extensive industry experience and expertise, ensuring strategic direction and effective decision-making.
Global Presence: The company has a robust global footprint, leveraging international resources and markets to provide comprehensive IT consulting services to Fortune 500 clients worldwide.
Scalable Business Model: With a flexible and scalable business model, S A Tech Software India can efficiently expand its operations and adapt to the evolving technological landscape, meeting diverse client needs with agility and innovation.
Dependency on Leased Branch Offices: Since S A Tech Software India Limited operates from leased branch offices, any requirement to vacate these premises could disrupt business operations and impact productivity.
Statutory Non-Compliance: The company's failure to file certain forms in compliance with the Companies Act may result in penalties, potentially affecting its financial position and reputation.
Financial Penalties: The non-compliance with statutory provisions could attract financial penalties, which might adversely affect the company's financial stability and overall operational efficiency.
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html