SA Tech Software India IPO Details
| IPO Size | 23.01 |
| Price Range | ₹56 - ₹59 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹118,000 |
| Pre IPO Promotor Holding | 79.27% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
SA Tech Software India IPO Timelines
26/07/2024
Start Date30/07/2024
End Date01/08/2024
Refund Initiation01/08/2024
Credit of Shares to Demat Ac02/08/2024
Listing DateSA Tech Software India IPO Lot Size
| 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 India IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 201.29 x | 1,178.97 x | 621.77 x | -- | 621.25 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹112.10 | ₹117.70 | ₹117.70 | ₹112.10 |
SA Tech Software India IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹41.54 | ₹48.45 | ₹-5.48 |
| FY 2023 | ₹56.73 | ₹54.99 | ₹1.09 |
| FY 2024 | ₹72.38 | ₹67.13 | ₹3.69 |
| FY 2024 (3M) | ₹23.97 | ₹20.64 | ₹2.48 |
About Company
Founded in 2012, SA Tech Software India Limited is an IT consulting subsidiary of SA Technologies Inc., USA. The company specialises in application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science, and analytics.
SA Tech Software India’s extensive product and service portfolio includes a wide range of IT services aimed at enhancing digital transformation for Fortune 500 clients. Their offerings encompass artificial intelligence and machine learning, data science and analytics, software development and engineering, digital transformation and automation, cloud and DevOps services, and quality assurance and testing. The company also operates a Global Capability Centre (GCC), providing end-to-end technology solutions that help clients conceptualise, design, develop, and deliver superior products.
With a robust focus on innovation and quality, SA Tech Software India Limited leverages advanced technologies to drive business growth and operational efficiency. As of September 30, 2023, the company employed 356 professionals dedicated to delivering exceptional IT services and digital transformation solutions.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2012 | IT (Information Technology) | Manoj Joshi |
Know Before Investing
SA Tech Software India IPO Strengths
- Experienced leadership with 20+ years in the industry.
- Promoters’ expertise in AI, ML, and IoT drives innovation.
- A scalable business model with proprietary, cloud-native designs.
- Strategic partnerships with Microsoft and Google for cutting-edge solutions.
- Top 10 clients contribute 74% revenue in Fiscal 2023.
- Global presence with major clients in USA and Canada.
SA Tech Software India IPO Risks
- Non-owned branch offices may disrupt business operations if vacated.
- Past non-filing of statutory forms may attract financial penalties.
- Outstanding legal proceedings could impact business and finances.
- No long-term customer contracts could affect revenue stability.
- Secured loans of ₹1,095.62 lakh risk property forfeiture.
- Restrictive lender conditions could affect business operations and cash flow.
- Pending trademark registrations may lead to unauthorised use.
- Delays in statutory payments could lead to penalties and fines.
Swot Analysis for SA Tech Software India IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
S A Tech Software India 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/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of SA Tech Software India IPO are:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company;
- Funding the working capital requirements of our company; and
- General Corporate Purposes