Issue Price
₹59
Per Share
GMP
NIL
Grey Market
Est. Listing
₹59
Expected Price
Min. Application
₹236,000
2 lots × 2000 shares
S A Tech Software India Limited was founded in 2012 and 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: The company provides technology services and digital transformation services to Fortune 500 clients, helping them conceptualize, design, develop and deliver better products. These include artificial intelligence and machine learning, software development and engineering, digital transformation and automation, cloud and DevOps services, quality assurance and testing, and the Global Capability Centre (GCC).Artificial intelligence (AI) and machine learning (ML)Data science and analyticsSoftware development and engineeringDigital transformation and automationCloud and DevOps servicesQuality assurance and testingAs of September 30, 2023, the company had 356 employees.
S A Tech Software India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 284,000 | — | ₹1.68 Cr | — |
| TOTAL | 3,900,000 | 100.00% | ₹23.01 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| sNII (Min) | 14 | 28,000 | ₹1,652,000 |
| bNII (Min) | 68 | 136,000 | ₹8,024,000 |
| Particulars | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 2397.18 | 7238.12 | 5673.05 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 248.07 | 368.86 | 100.59 |
| Net Worth | 1414.43 | 1166.35 | 772.48 |
| Total Assets | 4703.23 | 3706.06 | 3465.95 |
| Reserves & Surplus | 498.70 | 250.62 | 729.50 |
| Total Borrowings | 2105.22 | 1288.12 | 1459.18 |