Sancode Technologies IPO subscription status started on Friday March 31, 2023 and will close on April 6, 2023. Sancode Technologies IPO to raise around ₹5.15 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹47 per equity share.
The Sancode Technologies IPO minimum market lot is 1600 shares with ₹121,600 application amount. The IPO to list on BSE.
Sancode Technologies Limited provides API-based software development services and solutions to its clients. Sancode provides niche, prebuilt solutions that optimize efficiency. Discover how data science, AI, IoT, and the Metaverse can be growth catalysts for your company.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky) Investors should also look at the NII, and Retail numbers before investing.
Sancode Technologies IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| NII | 0.00 | 0.54 | 1.54 | 3.98 |
| RII | 0.17 | 0.42 | 1.27 | 3.39 |
| Total | 0.09 | 0.48 | 1.41 | 3.68 |
Sancode Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sancode Technologies IPO Review
- Avoid
Sancode Technologies IPO Date & Price Band
| IPO Open: | March 31, 2023 |
| IPO Close: | April 6, 2023 |
| IPO Size: | Approx ₹5.15 Crores, 1,095,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹47 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sancode Technologies IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹141,000 |
| Retail Maximum | 1 | 3000 | ₹141,000 |
| S-HNI Minimum | 2 | 6000 | ₹282,000 |
Sancode Technologies IPO Subscription Dates
| IPO Open Date: | March 31, 2023 |
| IPO Close Date: | April 6, 2023 |
| Basis of Allotment: | April 12, 2023 |
| Refunds: | April 13, 2023 |
| Credit to Demat Account: | April 17, 2023 |
| IPO Listing Date: | April 18, 2023 |
Sancode Technologies IPO Form
How to apply for the Sancode Technologies IPO? You can apply for Sancode Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sancode Technologies IPO in the Invest section. The other option is you can apply for Sancode Technologies IPO via IPO forms downloaded via BSE. Check out the Sancode Technologies forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
