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Open
26 Jul 2024
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Close
30 Jul 2024
3
Allotment
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Listing
Fri, Aug 2, 2024
Price Band
₹56 to ₹59
Issue Size
39,00,000 shares (agg. up to ₹23 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Aug 2, 2024
Latest GMP
₹80
Est. Gain
135.59%
✦ AI Insight
GMP Trend
02-08-2024₹80Est. ₹139+135.59%
01-08-2024₹80Est. ₹139+135.59%
31-07-2024₹80Est. ₹139+135.59%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 432.87x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 47.03 | 37.06 | 34.66 | 32.29 |
| Total Income | 23.97 | 72.38 | 56.73 | 41.54 |
| Profit After Tax | 2.48 | 3.69 | 1.01 | -5.48 |
| NET Worth | 14.14 | 11.66 | 7.72 | 6.64 |
| Reserves and Surplus | 4.99 | 2.51 | 7.30 | 6.21 |
| Total Borrowing | 21.05 | 12.88 | 14.59 | 19.59 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| TAC Infosec Ltd. | SME | ₹29.99 Cr | ₹106 | 15.98 | ₹304.50 | +187.26% | ₹487.25 (+1.09%) |
| DelaPlex Ltd. | SME | ₹46.08 Cr | ₹192 | 17.75 | ₹324.45 | +68.98% | ₹101.95 (+3.98%) |
| Trident Techlabs Ltd. | SME | ₹16.03 Cr | ₹35 | 7.42 | ₹103.05 | +194.43% | ₹139.55 (-4.97%) |
| Micropro Software Solutions Ltd. | SME | ₹30.70 Cr | ₹81 | 0.34 | ₹76.00 | -6.17% | ₹20.20 (+5.21%) |
| Canarys Automations Ltd. | SME | ₹47.03 Cr | ₹31 | 15.82 | ₹41.30 | +33.23% | ₹18.75 (-0.27%) |
| Kody Technolab Ltd. | SME | ₹27.52 Cr | ₹160 | 22.66 | ₹178.50 | +11.56% | ₹1,278.95 (-0.66%) |
| Yudiz Solutions Ltd. | SME | ₹44.84 Cr | ₹165 | 61.8 | ₹181.40 | +9.94% | ₹23.25 (-4.91%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company; | 9.18 |
| 2 | Funding the working capital requirements of the company; and | 10.80 |
| 3 | General Corporate Purposes | 1.38 |
About S A Tech Software IPO
S A Tech Software India Limited was founded in 2012 and is an IT consulting subsidiary of the foreign corporation SA Technologies Inc, USA. The company provides application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science and analytics. The product and services portfolio of S A Tech Software India includes: IT Services: The company provides technology services and digital transformation services to Fortune 500 clients, helping them conceptualize, design, develop and deliver better products. These include artificial intelligence and machine learning, software development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, and the Global Capability Centre (GCC). Artificial intelligence (AI) and machine learning (ML) Data science and analytics Software development and engineering Digital transformation and automation Cloud and DevOps services Quality assurance and testing As of September 30, 2023, the company had 356 employees.+ Read More
Contact Details
S A Tech Software India Ltd. AddressOff No.D-60306th Floor Solitaire Bus.HubViman NagarPune, Maharashtra, 411014+91 9022909131cs@satincorp.comVisit Website