• OPEN AN ACCOUNT
Indian Indices
Nifty
22,272.50 -246.90
(-1.10%)
Sensex
73,399.78 -845.12
( -1.14%)
Bank Nifty
47,773.25 -791.30
( -1.63%)
Nifty IT
34,463.60 -554.50
( -1.58%)
Global Indices
Nasdaq
16,175.09 -267.11
(-1.62%)
Dow Jones
37,983.24 -475.84
(-1.24%)
Hang Seng
16,600.46 -121.23
(-0.73%)
Nikkei 225
39,232.80 -290.75
(-0.74%)
Forex
USD-INR
83.36 0.07
(0.09%)
EUR-INR
89.47 -0.51
(-0.57%)
GBP-INR
104.58 -0.51
(-0.49%)
JPY-INR
0.54 0.00
(-0.43%)

IPO Synopsis

  • YOU ARE HERE :
  • HOME breadcrum-arrow
  • IPO Synopsis

IPO

Systango Technologies Ltd
  • Registered Office: 3rd Floor (LHS) STP-I,Crystal IT Park Ring Road, Indore - 452010, Madhya Pradesh, India. Phone : 91-0731-2971030   Fax:
  • Email : cs@systango.com
  • Website :www.systango.com
Initial public offer of 38,68,800* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Systango Technologies Limited ("The Company" or "The Issuer" or "STL") at an issue price of Rs. 90 per equity share for cash, aggregating up to Rs. 34.82 crores ("Public Issue") out of which 1,96,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 90 per equity share for cash, aggregating Rs. 1.77 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 36,72,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 90 per equity share for cash, aggregating Rs. 33.05 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.03% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment. The face value of the equity shares is Rs. 10/- each. The issue price is 9.0 times with the face value of the equity shares. The anchor investor issue price is Rs. 90 per equity share. Bids can be made for a minimum of 1600 and in multiples of 1600 equity shares thereafter.
Issue
Opens On Closes On
02-Mar-23 06-Mar-23
Money Payable On
Application Allotment
90.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 31.43 Hem Securities Ltd
Project Financed through Current Offer (.Cr) 34.82  
Post Issue Equity Share Capital (.Cr) 14.67
Issue Price () 90.00
Projects
Strategic Investment & Acquisitions
Investment in Subsidiaries
To meet Working Capital Requirements
General Corporate Purposes
Promoted By
Vinita Rathi
Nilesh Rathi
Listing At
NSE - SME
Registrar to the Issue
No Data Available