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Open
2 Mar 2023
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Close
6 Mar 2023
3
Allotment
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Listing
Wed, Mar 15, 2023
Price Band
₹85 to ₹90
Issue Size
38,68,800 shares (agg. up to ₹35 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Mar 15, 2023
Latest GMP
₹20
Est. Gain
22.22%
✦ AI Insight
GMP Trend
15-03-2023₹20Est. ₹110+22.22%
14-03-2023₹26Est. ₹116+28.89%
13-03-2023₹22Est. ₹112+24.44%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 64.90x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 27.32 | 22.89 | 15.38 | 7.44 |
| Total Income | 23.01 | 33.92 | 23.88 | 14.55 |
| Profit After Tax | 5.72 | 6.77 | 5.68 | 2.52 |
| NET Worth | 22.97 | 17.22 | 10.46 | 4.77 |
| Reserves and Surplus | 20.27 | 14.52 | 7.76 | 4.22 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| All E Technologies Ltd. | SME | ₹48.20 Cr | ₹90 | 15.36 | ₹131.25 | +45.83% | ₹128.55 |
| Fidel Softech Ltd. | SME | ₹13.50 Cr | ₹37 | 11.15 | ₹62.05 | +67.70% | ₹149.95 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Strategic Investment and Acquisitions | 8.00 |
| 2 | Investment in Subsidiaries | 10.00 |
| 3 | To Meet Working Capital Requirements | 10.00 |
| 4 | General Corporate Purposes | 3.43 |
About Systango Technologies IPO
Updated on Aug 5, 2026
Contact Details
Systango Technologies Ltd. AddressThird Floor (LHS)STP-I Crystal IT ParkRing RoadIndore, Madhya Pradesh, 452010+91 0731 2971030cs@systango.comVisit Website