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S A Tech Software India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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S A Tech Software India Ltd IPO

Registered Office: #.D-6030 6th Flr Solitaire Bus,Hub Viman Nagar , Pune - 411014 , Maharashtra , India.
Phone : +91 90229 09131   Fax:
Email :  cs@satincorp.com  
Website :  www.satincorp.com
Initial public offer of up to 39,00,000 equity shares of face value (Rs)10 each (the "Equity Shares") of S A Tech Software India Limited ("The Company" or the "Issuer") for cash at an issue price of (Rs)59 per equity share (including securities premium of (Rs)49 per equity share) ("Issue Price"), aggregating up to (Rs)23.01 crores (the "Issue") of which up to 2,84,000 equity shares aggregating to (Rs)1.68 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of upto 36,16,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)59 per equity share aggregating upto (Rs)21.33 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.86% and 27.69% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10/- each. The issue price is 5.9 times with the face value of the equity shares. The anchor investor issue price is (Rs)59 per equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Jul-24 30-Jul-24 (Rs)59.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 21.36
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 23.01  
Post Issue Equity Share Capital 13.06  
Issue Price (Rs)59.00  
 
Projects
Prepayment or repayment of all or portion of certain outstanding borrowings availed by the companyGeneral corporate purposes
Funding the working capital requirements of the company
Promoted By
SA Technologies Inc  
Ritish Sharma  
Poonam Sharma  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd