Sancode Technologies IPO GMP, Date, Price, Review, Allotment

Vijay Prajapati
April 18, 2023

Vijay Prajapati

Sancode Technologies IPO Details: Sancode Technologies IPO date is fixed, The IPO will open on March 31 and will close on April 6, 2023. Sancode Technologies is an BSE SME IPO to raise ₹5.15 crores via IPO. The Sancode Technologies IPO price band is fixed at ₹47 with a market lot of 3000 shares.

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.

Their services include digital transformation, workflow automation, Artificial intelligence (AI), Machine learning (ML), Robotic Process Automation (RPA), and Data Analytics, Metaverse, and Web3 applications, System Integration areas. The company offers offshore software developments, digital transformation, robotics automation, AI, applications, cloud migration, enterprise software solutions, and more. Their turnkey applications are built to solve the critical needs of businesses across manufacturing, oil and gas, government, financial services, chemicals, retail, agribusiness, and more.

Objects of the Issue:

Funding working capital requirements.
General corporate purposes.

Sancode Technologies IPO Review

Avoid

Sancode Technologies IPO GMP Live Rates day by day with Kotak rates.

Date	GMP	Kostak	Subject to
18 April	+-₹5	₹-	₹-

Sancode Technologies IPO Date & Price Band Details

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

The Sancode Technologies IPO minimum market lot is 3000 shares with a ₹141,000 application amount.

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 Dates

The Sancode Technologies IPO date is March 31 and the IPO close date is April 6. The IPO allotment date is April 12 and the IPO might list on April 18.

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 Promoter Holding

Pre Issue Share Holding: 97.47%
Post Issue Share Holding

You can check IPO subscription status and IPO allotment status on their respective pages.

Sancode Technologies IPO Form

How to apply Sancode Technologies IPO? You can apply 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 you can apply Sancode Technologies IPO via IPO forms download via the BSE website. Check out the Sancode Technologies forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Sancode Technologies Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2020	₹0.43	₹1.90	₹1.13
2021	₹1.60	₹1.89	₹0.26
2022	₹2.45	₹2.04	₹0.75
2023 6M	₹1.81	₹0.66	₹0.89

Sancode Technologies IPO Valuation – FY2022

Check Sancode Technologies 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):	₹29.05 per Equity Share
Price/Earning P/E Ratio:	NA
Return on Net Worth (RoNW):	21.93%
Net Asset Value (NAV):	₹132.49 per Equity Share

Peer Group

Company Promoters

Amit Vijay Jain
Khushboo Jain
Mihir Deepak Vora
ZNL Startup Accelerator LLP

Sancode Technologies IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Sancode Technologies IPO Allotment Status

Check Sancode Technologies IPO allotment status on Bigshare website URL. Click Here

Sancode Technologies IPO Lead Managers

SHRENI SHARES PRIVATE LIMITED

Company Address

Sancode Technologies Limited
107, Prime Plaza,
J.V. Patel Compound, B.M. Road,
Opp. Elphinstone Stn. Mumbai – 400013
Phone: 022-49622853
Email: [email protected]
Website: https://www.sancodetech.com/

Sancode Technologies IPO FAQs

What is Sancode Technologies IPO?

Sancode Technologies IPO is a BSE SME IPO. They are going to raise ₹5.15 Crores via IPO. The issue is priced at ₹47 per equity share. The IPO is to be listed on BSE.

When Sancode Technologies IPO will open?

The IPO is to open on March 31, 2023 for NII, and Retail Investors.

What is Sancode Technologies IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Sancode Technologies IPO?

You can apply Sancode Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Sancode Technologies IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sancode Technologies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sancode Technologies IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sancode Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sancode Technologies IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sancode Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sancode Technologies IPO Size?

Sancode Technologies IPO size is ₹5.15 crores.

What is Sancode Technologies IPO Price Band?

Sancode Technologies IPO Price Band is ₹47 per equity share.

What is Sancode Technologies IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹141,000.

What is Sancode Technologies IPO Allotment Date?

Sancode Technologies IPO allotment date is April 12, 2023.

What is Sancode Technologies IPO Listing Date?

Sancode Technologies IPO listing date is April 18, 2023. The IPO to list on BSE SME.

Note: The Sancode Technologies IPO details are announced officially. The IPO grey market premium (Sancode Technologies IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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