Systematic Industries’ IPO was subscribed 6.20 times on the last day. A retail quota was subscribed over 3.36 times, NII was subscribed over 7.94 times, and QIB was subscribed over 9.85 times, respectively.
Details About Systematic Industries IPO
Systematic Industries got approval from SEBI for an IPO of around ₹115.60 crores. Systematic Industries IPO is a fully fresh issue of ₹107.80 crores with a face value of ₹10 each.
Further, Systematic Industries had a set price band of ₹185 to ₹195 per share.
In the Systematic Industries IPO, 1,200 shares were in 2 lot sizes for the retail minimum and maximum categories as well. Moreover, 1,800 shares were in 3 lot sizes for the S-HNI category. S-HNI Maximum has 4,800 shares in 8 lot sizes. B-HNI Minimum 5,400 shares in 9 lot sizes.
To invest in the Systematic Industries IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,34,000.
- SHNI (S-HNI): Minimum investment of ₹3,51,000.
- S-HNI Maximum: investment of ₹9,36,000.
- B-HNI Minimum: investment of ₹10,53,000.
Systematic Industries IPO’s Subscription Duration
Systematic Industries’ IPO started on September 24, 2025, and closed on September 26, 2025. The Systematic Industries IPO’s allotment date was September 29, 2025, and they received a refund on September 30, 2025. Systematic Industries’ listing date is scheduled for October 1, 2025.
Systematic Industries’ IPO funds deployment
- The proceeds raised from the fresh issue will be used for the Repayment and/or pre-payment, in full or part, of borrowing taken by the Company.
- Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Systematic Industries Company
Systematic Industries Limited started in March 2000. It manufactures and supplies steel wires and cables used in power lines, buildings, telecom, and farming. Systematic Industries has factories that can produce up to 1,00,000 metric tons per year of different types of steel wires, like galvanized wires, power industry wires, and high or low carbon steel wires. The company gets Most of its income from making and selling steel wires.
Well-established and advanced machines, complete and proper process, and research and development. Moreover, the company has a strong and long-lasting relationship with the major consumers due to a wide range of quality products. At present, the firm sells its products in over 30 countries, and also has an aim of expanding to more places in the future.
Financial Report of the Systematic Industries Company
The company reported revenue of ₹372.60 crores in 2024 against ₹321.90 crores in 2023. The company reported a profit of ₹12.41 crores in 2024 against a profit of ₹6.31 crores in 2023.
