Systango Technologies IPO Details: Systango Technologies IPO date is certain, the IPO open on March 2nd and will close on March 6, 2023. Systango Technologies is a NSE SME IPO to raise ₹ 34.82 crores about IPO. Systango Technologies IPO price range is fixed at £85 to £90 with a market lot 1600 shares.
Systango Technologies Limited is a software development company. They offer services for almost all technology industries from customized digital platforms. The platforms include web2, web3 and mobile applications based on a strong emphasis on data and analytics. They’re a digital transformation partner with leading digital, cloud-native, and security capabilities to help you build a better version of your business.
They offer software solutions that include web development, mobile app development for iOs and Android devices, Web3 development, DeFi, data engineering, blockchain implementation, cloud computing, and digital marketing. They offer services to sectors such as hospitality, real estate technology, financial services (FinTech), fantasy sports and many others.
Objects of the output:
- Strategic investments and acquisitions.
- Investments in subsidiaries.
- To meet working capital requirements.
- General Business Purposes.
- spend expenses.
Systango Technologies IPO review
| Date | GMP | Kostak | Subject to |
| 4th of March | ₹25 | €- | ₹30000 |
Systango Technologies IPO Date and Price Band Details
| IPO open: | March 2, 2023 |
| Close IPO: | March 6, 2023 |
| IPO size: | Approx ₹ 34.82 crores, 38,68,800 shares |
| face value: | €10 Per equity share |
| IPO price range: | £85 to £90 Per equity share |
| Stock exchange listing on: | NSE SME |
| Retail Quota: | 35% of net supply |
| QIB quota: | 50% of net supply |
| NII rate: | 15% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
Systango Technologies IPO Market Lot
The minimum market lot for the Systango Technologies IPO is 1600 shares with an application amount of ₹144,000.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 1600 | £144,000 |
| retail maximum | 1 | 1600 | £144,000 |
| S-HNI minimum | 2 | 3200 | £288,000 |
Systango Technologies IPO dates
Systango Technologies’ IPO date is March 2nd and the closing date of the IPO is March 6th. The IPO grant date is March 10 and the IPO could be listed on March 15.
| IPO opening date: | March 2, 2023 |
| IPO Closing Date: | March 6, 2023 |
| Allocation basis: | March 10, 2023 |
| Refunds: | March 13, 2023 |
| Credit to Demat account: | March 14, 2023 |
| Date of listing: | March 15, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Systango Technologies IPO form
How do I file for Systango Technologies IPO? You can apply for Systango Technologies IPO through ASBA on your bank account. Just go to the online bank login and apply through your bank account by selecting Systango Technologies IPO in the invest section. In the other option, you can apply for Systango Technologies IPO through IPO forms downloaded from the NSE website. Check out the Systango Technologies forms – click Download NSE IPO Forms, fill them out and submit them to your bank or broker.
Financial report of the company Systango Technologies
| ₹ in crores | |||
| Year | revenue | Expense | BEAT |
| 2020 | £14.55 | £11.63 | £2.52 |
| 2021 | £23.88 | €17.10 | ₹5.68 |
| 2022 | £33.92 | £25.86 | £6.76 |
| 2023 6M | €23.01 | €16.23 | £5.72 |
Systango Technologies IPO Rating – FY2022
Review Systango Technologies IPO valuation details such as Earnings Per Share (EPS), Price to Earnings P/E, Return on Net Worth (RoNW) and Net Asset Value (NAV).
| Earnings per share (EPS): | ₹6.27 per common share |
| Price-Earnings-P/E: | THE |
| Return on Net Worth (RoNW): | 39.30% |
| Net Asset Value (NAV): | £15.95 per common share |
peer group
- InfoBeans Technologies Ltd
- Innovana Thinklabs Limited
- Ksolves India Ltd
Systango Technologies IPO Registrar
Bigshare Services Pvt Ltd
Telephone: +91-22-6263 8200
E-mail: [email protected]
Website: http://www.bigshareonline.com
Systango Technologies IPO Allotment Status
Check Systango Technologies IPO allotment status on Bigshare website URL. Click here
IPO Lead Manager of Systango Technologies
company address
Systango Technologies Limited
Third floor (left),
STP-I Crystal IT Park, Ringstrasse,
Indore-452010
Telephone: +91 0731 2971030
E-mail: [email protected]
Website: http://www.systango.com/
Frequently asked questions about the Systango Technologies IPO
What is the Systango Technologies IPO?
Systango Technologies IPO is an NSE SME IPO. They will raise ₹34.82 crores through the IPO. The issue costs ₹85 to ₹90 per share. The IPO is to be listed on the NSE.
When will the Systango Technologies IPO open?
The IPO is scheduled to open on March 2, 2023 for QIB, NII and retail investors.
What is Systango Technologies’ IPO investor share?
The investor share is 50% for QIB, 15% for NII and 35% for Retail.
How to Apply Systango Technologies IPO?
You can apply for Systango Technologies IPO via ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to promote Systango Technologies IPO through Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Systango Technologies”. Click on the bid button. Enter your UPI ID, quantity and price. Submit IPO application form. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How do I promote Systango Technologies IPO through Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Systango Technologies”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to Apply Systango Technologies IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “Systango Technologies”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the Systango Technologies IPO size?
Systango Technologies IPO size is ₹34.82 crores.
What is the Systango Technologies IPO price range?
Systango Technologies’ IPO price range is between £85 and £90 per share.
What is the minimum and maximum lot size for Systango Technologies IPO?
The IPO offering is 1600 shares at £144,000.
What is Systango Technologies’ IPO grant date?
The grant date for the Systango Technologies IPO is March 10, 2023.
What is the Systango Technologies IPO listing date?
Systango Technologies’ IPO listing date is March 15, 2023. The IPO is scheduled to be listed on NSE SME. Note: Systango Technologies IPO details are officially announced. The IPO gray market premium (Systango Technologies IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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