S A Tech Software India Limited (SAT) centered in Pune and Bengaluru, is an IT consulting Subsidiary Company of foreign body corporate SA Technologies Inc, USA. The Company has experience catering to global as well as domestic customers for more than a decade. The company has entered into a Service Partnership with its holding Company to cater to the needs of foreign clients. They service a diverse portfolio of clients ranging from small to Enterprise ones, offering products and digital solutions. With the benefit of global presence, they bring together diverse teams from different parts of the world with multiple skills to collaborate in real-time and solve complex technological problems for their clients.
In a world that is becoming increasingly complex, with shortening product innovation timelines and rapid technological change, they believe that their globally distributed onshore-offshore service delivery capability helps us to suitably address their clients’ requirements. They leverage their deep Information Technology knowledge to deliver value-added services to their clients in support of their digital transformation initiatives including Application development, mobile app development, Cloud infrastructure, Software Quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.
Objects of the Issue:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company;
- Funding the working capital requirements of the company; and
- General Corporate Purposes.
SA Tech Software IPO Review
- May Apply
SA Tech Software IPO Date & Price Band Details
IPO Open: | July 26, 2024 |
IPO Close: | July 30, 2024 |
IPO Size: | Approx ₹23.01 Crores, 3,900,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹56 to ₹59 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the net offer |
QIB Quota: | 50% of the net offer |
NII Quota: | 15% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
SA Tech Software IPO Market Lot
The SA Tech Software IPO minimum market lot is 2000 shares with a ₹118,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2000 | ₹118,000 |
Retail Maximum | 1 | 2000 | ₹118,000 |
S-HNI Minimum | 2 | 4000 | ₹236,000 |
SA Tech Software IPO Dates
The SA Tech Software IPO date is July 26 and the IPO close date is July 30. The IPO allotment date is July 31 and the IPO might list on August 2.
IPO Open Date: | July 26, 2024 |
IPO Close Date: | July 30, 2024 |
Basis of Allotment: | July 31, 2024 |
Refunds: | August 1, 2024 |
Credit to Demat Account: | August 1, 2024 |
IPO Listing Date: | August 2, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
SA Tech Software IPO Form
How to apply SA Tech Software IPO? You can apply SA Tech Software IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the SA Tech Software IPO in the Invest section. The other option you can apply SA Tech Software IPO via IPO forms download via the NSE website. Check out the SA Tech Software forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
SA Tech Software Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2022 | ₹41.54 | ₹48.45 | ₹5.48 |
2023 | ₹56.73 | ₹54.99 | ₹1.09 |
2024 | ₹72.38 | ₹67.13 | ₹3.69 |
June 2024 | ₹23.97 | ₹20.64 | ₹2.48 |
SA Tech Software IPO Valuation – FY2024
Check SA Tech Software IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹4.06 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 31.63% |
Net Asset Value (NAV): | ₹12.74 per Equity Share |
Peer Group
- ASM Technologies Limited
- Moschip Technologies Ltd
- Infobeans Technologies Ltd
- Onward Technologies Ltd
- 3i Infotech Ltd
Company Promoters
- SA Technologies Inc., USA
- Mr. Manoj Joshi
- Mrs. Priyanka Joshi
SA Tech Software IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
SA Tech Software IPO Allotment Status
Check SA Tech Software IPO allotment status on Bigshare website URL. Click Here
SA Tech Software IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
SA Tech Software Limited
Off No. D-6030,
6th Floor Solitaire Bus. Hub Viman Nagar,
Pune – 411014
Phone: +91 9022909131
Email: [email protected]
Website: http://www.satincorp.com/