S A Tech Software India Ltd IPO

S A Tech Software India Limited (SAT) is an IT consulting Company promoted by its diligent promoters who have more than two decades of experience in Information Technology. The Company has experience of catering to global as well as domestic customers since more than a decade through its promoter and holding Company SA Technologies Inc., USA. The Company services to a diverse portfolio of clients ranging from small to enterprise ones, offering products and digital solutions. With the benefit of global presence, the company brings together diverse teams from different parts of the world with multiple skills to collaborate in real time and solve complex technological problems for its clients. In a world that is becoming increasingly complex, with shortening product innovation timelines and rapid technological change, the company believes that its globally distributed onshore-offshore service delivery capability helps it to suitably address its clients' requirements. The Company leverages its deep Information Technology knowledge to deliver value-added services to its clients in support of their digital transformation initiatives including application development, mobile apps development, Cloud infrastructure, Software Quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.

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50years

S A Tech Software India Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 39 LTBA₹ 12.66 L₹ 89.78 LNSE₹ 23.01 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
26 Jul, 2430 Jul, 242000 ₹ 1,12,000 Book Building - SME02 Aug, 24

S A Tech Software India Ltd IPO Dates

  • 26 Jul 2024

    Opening date

  • 30 Jul 2024

    Closing date

  • 31 Jul 2024

    Basis of
    Allotment

  • 31 Jul 2024

    Initiation of
    Refunds

  • 01 Aug 2024

    Credit of
    Shares

  • 02 Aug 2024

    Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB80.69x1806000145734000
NII1179.61x544000641708000
Retail621.96x1266000787406000
Employee0x00
Total403.81x39000001574848000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

S A Tech Software India Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations6.082.55-6.35
EBITDA6.913.36-5.79
PAT3.691.09-5.48
Total Assets26.9423.8522.32
Share Capital9.160.430.43
Total Borrowings17.9422.5325.31
Operating Activities (Net Cash)4.521.90-4.92
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)17.9422.5325.31
Net Cashflow0.616.111.22

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About S A Tech Software India Ltd

S A Tech Software India Limited was originally incorporated as `S A Tech Software India Private Limited' a private limited company under the Companies Act, 1956 at Pune, Maharashtra, pursuant to a certificate of incorporation dated November 01, 2012, issued by the Registrar of Companies, Maharashtra, Pune (RoC). Thereafter, name of the Company was changed from `S A Tech Software India Private Limited' to `S A Tech Software India Limited', consequent to conversion of the Company from private to public company, pursuant to a special resolution passed by the shareholders of the Company on October 16, 2023, and a fresh certificate of incorporation consequent to change of name was issued by the RoC on November 03, 2023. The Company's Corporate Identity Number is U72900PN2012FLC145261.

Strong economic growth in the first quarter of FY23 helped India overcome the UK to become the fifth-largest economy after it recovered from the COVID-19 pandemic shock. Real GDP at constant prices (2011-12) in the first quarter of 2023-24 is estimated at Rs. 40.37 trillion (US$ 484.94 billion), showing a growth of 7.8% as compared to the first quarter of 2022-23 estimated at Rs. 37.44 trillion (US$ 449.74 billion). Given the release of pent-up demand and the widespread vaccination coverage, the contact- intensive services sector will probably be the main driver of development in 2022-2023. In 2023-24 (April-September), India's service exports stood at US$ 164.89 billion. Furthermore, India's overall exports (services and merchandise) in 2023-24 (April-September) were estimated at US$ 376.29 billion. Rising employment and substantially increasing private consumption, supported by rising consumer sentiment, will support GDP growth in the coming months. Future capital spending of the government in the economy is expected to be supported by factors such as tax buoyancy, the streamlined tax system with low rates, a thorough assessment and rationalization of the tariff structure, and the digitization of tax filing.

S A Tech Software India Limited (SAT) is an IT consulting Company promoted by its diligent promoters who have more than two decades of experience in Information Technology. The Company has experience of catering to global as well as domestic customers since more than a decade through its promoter and holding Company SA Technologies Inc., USA. The Company services to a diverse portfolio of clients ranging from small to enterprise ones, offering products and digital solutions. With the benefit of global presence, the company brings together diverse teams from different parts of the world with multiple skills to collaborate in real time and solve complex technological problems for its clients. In a world that is becoming increasingly complex, with shortening product innovation timelines and rapid technological change, the company believes that its globally distributed onshore-offshore service delivery capability helps it to suitably address its clients' requirements. The Company leverages its deep Information Technology knowledge to deliver value-added services to its clients in support of their digital transformation initiatives including application development, mobile apps development, Cloud infrastructure, Software Quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.

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S A Tech Software India Ltd IPO Key Points

How To Apply for S A Tech Software India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

S A Tech Software India Ltd's IPO offers shares for up to ₹ 0 L It begins on Jul 26, 2024 and ends on Jul 30, 2024.

The price of S A Tech Software India Ltd IPO ranges between ₹56 to ₹59 per share.

The S A Tech Software India Ltd IPO opens on Jul 26, 2024 and closes on Jul 30, 2024.

The allotment for the S A Tech Software India Ltd IPO will be finalised on Jul 31, 2024. The shares will be listed on BSE and NSE on Aug 2, 2024.

The minimum lot size for S A Tech Software India Ltd IPO is 2000 shares, priced between ₹56 to ₹59 per share.

The GMP (Grey Market Premium) of S A Tech Software India Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of S A Tech Software India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The S A Tech Software India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 26, 2024, and closes on Jul 30, 2024. The allotment is finalised on Jul 31, 2024.

To apply for the S A Tech Software India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.