S A Tech Software India IPO Date, Details, Allotment

S A Tech Software India IPO is a fixed-price issue aiming to raise ₹23.01 crores. The entire issue consists of 39 lakh new equity shares.

S A Tech Software India IPO is open for subscription on July 26, 2024, and closes on July 30, 2024. The allotment for the IPO is expected on July 31, 2024. Trom Industries IPO will be listed on NSE SME with a listing date fixed as August 2, 2024.

Investors can subscribe to the IPO at a price band of ₹56 to ₹59 per share. The smallest unit for application is 2000 shares, requiring a minimum investment of ₹118,000 for retail investors. High Net-worth Individuals (HNI) need to apply for at least 2 lots (4,000 shares), amounting to ₹236,000.

Source – S A Tech Software India IPO RHP

S A Tech Software India IPO Date, Details, Allotment

Source – S A Tech Software India IPO RHP

S A Tech Software India IPO Details

Open DateJuly 26, 2024
Close DateJuly 30, 2024
IPO SizeA total of Rs ₹23.01 crores and 39 lakh shares
Fresh Issue39,00,000 Equity Shares
Face Value₹10 per share
IPO Price Band₹56 to ₹59 per share
IPO Listing onNSE SME
Lot Size2000 Shares
OFSN.A
Share Offered to Retail35%
Share Offered to QIB50%
Share Offered to HNI15%

S A Tech Software India IPO Date

  • IPO Open Date: July 26, 2024
  • IPO Close Date: July 30, 2024
  • Allotment: July 31, 2024
  • Refunds: August 1, 2024
  • Shares Credit to Demat: August 1, 2024
  • Listing Date: August 2, 2024

Lot Size

ApplicationLotsSharesAmount
Retail (Min)12000₹118,000
Retail (Max)12000₹118,000
HNI (Min)24,000₹236,000

Promoter Holding

SA Technologies Inc., based in the USA, was promoted by Mr. Manoj Joshi and Mrs. Priyanka Joshi, who collectively hold 79.27% of the company’s shares before the issue.

S A Tech Software India IPO GMP (Grey Market Premium)

If you want to knowS A Tech Software India IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

S A Tech Software IPO Subscription Status

S A Tech Software IPO subscription starts on July 26, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

S A Tech Software IPO Allotment Status

To check the S A Tech Software IPO allotment status go to the IPO registrar website ”Bigshare Services Private Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. Submit details and get the allotment status.

Know About Company

S A Tech Software India Limited, founded in 2012, is an IT consulting company that’s a subsidiary of SA Technologies Inc., based in the USA.

They offer a wide range of services including creating apps, managing cloud systems, testing software, and using advanced technologies like artificial intelligence (AI) and machine learning (ML).

Their clients are big companies, and they help them come up with ideas, design and build better products, and use new technology like AI and ML. They also help with digital changes and improving how things work.

Their team in India also helps with things like data science, making sure software works well, and setting up cloud systems to run smoothly.

Objects of the Issue

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company;
  • Funding the working capital requirements of our company; and
  • General Corporate Purposes

S A Tech Software India Limited Financial Information

The financial data for S A Tech Software India Limited for the periods ending March 31, 2022, March 31, 2023, March 31, 2024, and June 30, 2024:

Period EndedAssets (₹ Lakhs)Revenue (₹ Lakhs)Profit After Tax (PAT) (₹ Lakhs)Net Worth (₹ Lakhs)Total Borrowing (₹ Lakhs)
30 Jun 20244,703.232,397.18248.071,414.432,105.22
31 Mar 20243,706.067,238.12368.861,166.351,288.12
31 Mar 20233,465.955,673.05100.59772.481,459.18
31 Mar 20223,229.194,154.37-548.25663.891,959.34

This table shows the growth in assets, revenue, profit after tax (PAT), net worth, reserves and surplus, and total borrowing over the specified periods.

Financial KPIs of S A Tech Software India Limited

The key performance indicators (KPIs) for S A Tech Software India Limited for the specified periods:

Key Performance IndicatorPeriod Ended June 30, 2024Year Ended March 31, 2024Year Ended March 31, 2023
Revenue from Operations (₹ Lakhs)2,388.877,188.225,639.31
Growth in revenue from operations (%)N.A.27.47%37.34%
Total Income (₹ Lakhs)2,397.187,238.125,673.05
EBITDA (₹ Lakhs)413.93875.32520.10
EBITDA Margin (%)17.33%12.18%9.22%
Restated profit for the period/year (₹ Lakhs)248.07368.86108.59
Restated profit for the period/year Margin (%)10.38%5.13%1.93%
Return on Net Worth (%)17.54%31.63%14.06%
Return on Average Equity (RoAE) (%)19.22%38.05%15.12%
Return on Capital Employed (RoCE) (%)10.95%32.24%19.66%
Debt-Equity Ratio1.491.101.89

These metrics provide a snapshot of the company’s financial performance across different fiscal years, highlighting revenue growth, profitability, margins, and other key ratios such as return on equity and debt-equity ratio.

S A Tech Software India Limited IPO Valuation – FY2024

Peer Group

  • ASM Technologies Limited
  • Moschip Technologies Ltd
  • Infobeans Technologies Ltd
  • Onward Technologies Ltd
  • 3i Infotech Ltd

S A Tech Software India Limited IPO Registrar

Bigshare Services Private Limited
Office No. 56-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Center, Mahakali Caves Road,
Andheri East, Mumbai-400 093, Maharashtra, India.
Tel: +91 22 6263 8200 Fax: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

S A Tech Software India Limited IPO Lead Manager

GYR Capital Advisors Private Limited
428, Gala Empire, Near JB Tower, Drive in Road, Thaltej,
Ahemdabad-380 054, Gujarat, India.
Telephone: +91 8777564648
E-mail Id: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com

S A Tech Software India Limited Contact

S A Tech Software India Limited
Off No. D-6030,
6th Floor Solitaire Bus. Hub Viman Nagar,
Pune – 411014
Phone: +91 9022909131
Email: cs@satincorp.com
Website: http://www.satincorp.com/

S A Tech Software India IPO Application Form PDF

To download the S A Tech Software India Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

FAQs about S A Tech Software India Limited IPO

What is the IPO size of S A Tech Software India Limited?

S A Tech Software India Limited aims to raise ₹23.01 crores through its IPO, consisting of 39 lakh new equity shares.

When does the S A Tech Software India IPO open and close?

The IPO opens for subscription on July 26, 2024, and closes on July 30, 2024.

What is the price band for S A Tech Software India IPO?

The price band for the S A Tech Software India IPO is set at ₹56 to ₹59 per share.

What is the lot size for applying to S A Tech Software India IPO?

The lot size for the S A Tech Software India IPO is 2000 shares, requiring a minimum investment of ₹118,000 for retail investors (at the upper price band).

Who are the promoters of S A Tech Software India Limited?

S A Tech Software India Limited is a subsidiary of SA Technologies Inc., USA, promoted by Mr. Manoj Joshi and Mrs. Priyanka Joshi, who collectively hold 79.27% of the company’s shares before the issue.

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