The Systematic Industries IPO minimum market lot is 1,200 shares with ₹2,34,000 application amount. The Systematic Industries IPO is a SME IPO, and it is to be listed on BSE.
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.
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.
The company gets Most of its income from making and selling steel wires.
Further, their well-set factories allow them to deliver products on time and also satisfy their consumers’ needs.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Systematic Industries IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.11 | 1.18 | 9.85 |
| NII | 0.04 | 0.26 | 7.94 |
| RII | 0.07 | 0.45 | 3.36 |
| Total | 0.36 | 0.62 | 6.20 |
Systematic Industries 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
Systematic Industries IPO Review
- May Apply for long term
Systematic Industries IPO Form
How to apply for the Systematic Industries IPO? You can apply for Systematic Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Systematic Industries IPO in the Invest section. The other option is you can apply for Systematic Industries IPO via IPO forms downloaded online. Check out the Systematic Industries forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
