Free Offer
Open Demat FREE
Apply in Systango Technologies Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Systango Technologies Ltd. IPO
Systango Technologies Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹90
Issue Price
₹90
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹90
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
02 Mar 2023
Thu Completed
Done
Close Date
06 Mar 2023
Mon Completed
Done
Allotment
10 Mar 2023
Fri Completed
Done
Refund
13 Mar 2023
Mon Completed
Done
Demat Credit
14 Mar 2023
Tue Completed
Done
Listing Date
15 Mar 2023
Wed Completed
UPI Deadline: 06 Mar 2023
Issue Details
Pricing & Size
Issue Price
₹90 Face ₹10
Lot Size
1,600 shares
Min Investment
₹144,000
Total Issue Size
38,68,800 shares (aggregating up to ₹34.82 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,96,800 (5.09%)
QIB Portion
18,33,600 (47.39%)
NII / HNI
5,52,000 (14.27%)
Retail
12,86,400 (33.25%)
Employee
-
Net Offer to Public
36,72,000 shares (aggregating up to ₹33.05 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,08,00,000 shares
Post-Issue Shareholding
1,46,68,800 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,44,000
HNI / NII 2 3,200 ₹2,88,000
Objects of Issue
4 objectives
1
Strategic Investment and Acquisitions
8.00 Cr
2
Investment in Subsidiaries
10.00 Cr
3
To Meet Working Capital Requirements
10.00 Cr
4
General Corporate Purposes
3.43 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd
Market Maker
Hem Finlease Pvt.Ltd
IPO Timeline
Open
02 Mar
✓ Done
Close
06 Mar
✓ Done
Allotment
10 Mar
✓ Done
Listing
15 Mar
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@systango.com
Phone
+91 0731 2971030
Address
Third Floor (LHS), STP-I Crystal IT Park, Ring Road, Indore, Madhya Pradesh, 452010
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹90
Est. Listing
₹90
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Systango Technologies Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Systango Technologies Ltd. is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹90
GMP
+₹0 (+0%)
GMP Est. Listing
₹90
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 18,33,600 (47.39%) ₹1,650.24 Cr
NII / HNI (Total) 5,52,000 (14.27%) ₹496.80 Cr
Retail Investors 12,86,400 (33.25%) ₹1,157.76 Cr
Total ** 38,68,800 (100.00%) ₹34,819.20 Cr
Market Maker * 1,96,800 (5.09%) ₹17.71 Cr
* Based on ₹90.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
18,33,600 (47.39%)
NII
5,52,000 (14.27%)
Retail
12,86,400 (33.25%)
Market Maker
1,96,800 (5.09%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30-Sep-2231-Mar-2231-Mar-21
Revenue2301.303392.102388.09
PAT572.30676.99568.26
EBITDA
Net Worth2296.981722.491045.50
Total Assets2732.412288.971537.57
Reserves2026.981452.49775.50
Borrowings
Key Financial Ratios
15.13
Pre P/E
P/E Pre-Issue
About Systango Technologies Ltd.

Incorporated in 2004, Systango Technologies Limited is engaged in the business of providing software solutions. The offerings of the company enable companies to design, implement and manage their own customized digital platforms.

These platforms designed by Systango include Web2, Web3, and mobile applications with a strong emphasis on data and analytics.

The range of software solutions provided by the company is wide and includes- Website development, Mobile app development (both for iOS and Android applications), Web3 development, DeFi (Decentralized finance), Data Engineering, Implementation of blockchain, Cloud computing and Digital Marketing.

Systango Technologies offers its services across various sectors like Hospitality, Property Tech, Financial Services (FinTech), Fantasy Sports, and many others.

The company has evolved as a professional and technical service provider over the years of its operations. Their end-to-end technology solutions and support help entities and organization effectively implement innovations in their system and keep up with the new-age world.

Frequently Asked Questions
What is the issue price of Systango Technologies Ltd. IPO?
The issue price of Systango Technologies Ltd. IPO is ₹90 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹144,000.
What are the IPO dates?
Opens 02 Mar 2023, closes 06 Mar 2023.
When is the listing date?
Tentative listing: 15 Mar 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹90 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Systango Technologies Ltd. IPO · Expected 10 Mar 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
10 Mar 2023
Refund Initiation
13 Mar 2023
Demat Credit
14 Mar 2023
Listing Date
15 Mar 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹90
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹90
GMP +₹0
Key Dates
Open
02 Mar Done
Close
06 Mar Done
Listing
15 Mar Done
Registrar
Bigshare Services Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min