S A Tech Software India Limited is an IT consulting subsidiary of the foreign corporation SA Technologies Inc, USA.
The company provides application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.
The product and services portfolio of S A Tech Software India includes:
- IT Services
- Artificial intelligence (AI) and machine learning (ML)
- Data science and analytics
- Software development and engineering
- Digital transformation and automation
- Cloud and DevOps services
- Quality assurance and testing
As of September 30, 2023, the company had 356 employees.
S A Tech Software India IPO – Details
| IPO Opening Date | 26 July 2024 |
| IPO Closing Date | 30 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 39,00,000 Shares Worth ₹23.01 Crore Fresh Issue: 39,00,000 Shares Worth ₹23.01 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹56 – ₹59 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
S A Tech Software India IPO – Date Schedule
| IPO Open Date | 26 July 2024 |
| IPO Close Date | 30 July 2024 |
| Basis of Allotment | 31 July 2024 |
| Initiation of Refund | 01 August 2024 |
| Credit of Shares to Demat Account | 01 August 2024 |
| IPO Listing Date | 02 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 30, 2024 |
S A Tech Software India IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,18,000 |
| Retail (Max) | 1 | 2000 | ₹1,18,000 |
| HNI (Min) | 2 | 4000 | ₹2,36,000 |
Competitive Strengths
- Experienced Promoter and Qualified Senior Management Team.
- Global presence of the Company.
- Scalable Business Model.
- Strategy to build capacity and capabilities necessary to develop and increase the value of the business by growth across multiple dimensions, including strengthening the relationships with the existing clients, expansion of the digital engineering and embedded capabilities.
- Company’s Customer- Centric Approach.
- Marque set of clients.
- Exclusive Agreement for Certain Domains.
- In- House Expertise/Human Resource- the team comprises of highly skilled professionals with a prudent mix of experienced and young professional with diverse expertise.
Company Promoters
- SA Technologies Inc., USA
- Mr. Manoj Joshi
- Mrs. Priyanka Joshi
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 41.54 | 48.44 | -5.48 | 19.59 |
| 31 March 2023 | 56.73 | 54.98 | 1.08 | 14.59 |
| 31 March 2024 | 72.38 | 67.12 | 3.68 | 12.88 |
| 30 June 2024 | 23.97 | 20.64 | 2.48 | 21.05 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 10.95% |
| Debt/Equity | 1.49 |
| RoNW | 17.54% |
| P/BV | 3.82 |
| PAT Margin (%) | 10.38 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.03 | 7.6 |
| P/E (x) | 14.65 | 7.76 |
Object 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.
S A Tech Software India IPO Promoter Holding
| Pre Issue Share Holding | 79.27% |
| Post Issue Share Holding | – |
S A Tech Software India IPO Prospectus
- S A Tech Software India IPO DRHP
- S A Tech Software India IPO RHP
Company Contact Information
| S A Tech Software India Limited Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune – 411014 Phone: +91 9022909131 Email: cs@satincorp.com Website: http://www.satincorp.com/ |
S A Tech Software India IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
S A Tech Software India IPO Lead Manager(s)
| 1. GYR Capital Advisors Private Limited |
S A Tech Software India IPO FAQs
| What is S A Tech Software India IPO? S A Tech Software India IPO is a SME IPO. The issue is priced at ₹56 and ₹59 per equity share. The IPO is to be listed on NSE SME. |
| When S A Tech Software India IPO will open? The IPO is to open on 26 July 2024 for QIB, NII, and Retail Investors. |
| What is S A Tech Software India IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the S A Tech Software India IPO? You can apply S A Tech Software India 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 S A Tech Software India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “S A Tech Software India IPO”. 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 Angle One. |
| How to Apply the S A Tech Software India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “S A Tech Software India IPO“. 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 5 Paisa. |
| How to Apply the S A Tech Software India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “S A Tech Software India IPO”. 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 S A Tech Software India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “S A Tech Software India IPO”. 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 IIFL. |
| What is S A Tech Software India IPO Size? S A Tech Software India IPO size is ₹23.01 Crore. |
| What is S A Tech Software India IPO Price Band? S A Tech Software India IPO Price Band is ₹56 – ₹59. |
| What is S A Tech Software India IPO Minimum and Maximum Lot Size for retail? The minimum bid is 2000 Shares with ₹1,18,000 amount while the maximum bid is 2000 Shares with ₹1,18,000. |
| What is the S A Tech Software India IPO Allotment Date? S A Tech Software India IPO allotment date is 31 July 2024. |
| What is the S A Tech Software India IPO Listing Date? S A Tech Software India IPO listing date is 02 August 2024. The IPO is to be listed on NSE SME. |
