S A Tech Software India Ltd

S A Tech Software India Ltd IPO

IPO Price Range: ₹56 - 59

S A Tech Software India Limited (SAT) is an IT consulting Company promoted by its diligent promoters who have more than two decades of experience in Information Technology. The Company has experience of catering to global as well as domestic customers since more than a decade through its promoter and holding Company SA Technologies Inc., USA. The Company services to a diverse portfolio of clients ranging from small to enterprise ones, offering products and digital solutions. With the benefit of global presence, the company brings together diverse teams from different parts of the world with multiple skills to collaborate in real time and solve complex technological problems for its clients.In a world that is becoming increasingly complex, with shortening product innovation timelines and rapid technological change, the company believes that its globally distributed onshore-offshore service delivery capability helps it to suitably address its clients requirements. The Company leverages its deep Information Technology knowledge to deliver value-added services to its clients in support of their digital transformation initiatives including application development, mobile apps development, Cloud infrastructure, Software Quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.

Min Investment

₹1,18,000

IPO Size

₹23 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of S A Tech Software India Ltd

Open Date26 Jul 2024
Close Date30 Jul 2024
Allotment Date31 Jul 2024
Listing Date2 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date26 Jul 2024
Bid Closing DateBid Closing Date30 Jul 2024
Allotment DateAllotment Date31 Jul 2024
Issue SizeIssue Size₹23.01Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • 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 its relationships with its existing clients, expansion of its digital engineering and embedded capabilities.

  • Its Customer-Centric Approach.

  • Marque set of clients.

  • Exclusive Agreement for Certain Domains.

  • In-House Expertise/Human Resource - its team comprises of highly skilled professionals with a prudent mix of experienced and young professional with diverse expertise.


Risk

Risk

  • Its Branch Offices from where the company operate are not owned by it. If the company is required to vacate the same, due to any reason whatsoever, it may adversely affect its business operations.

  • The company has not filed certain forms in the past in compliance with some statutory provisions of the Companies Act and such non-compliance may attract penalties against the company, which could impact its financial position to that extent.

  • The Company, its Directors, its Promoters and Group Companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities /penalties and may adversely affect its reputation, business and financial status.

  • The company has not entered into any long-term contracts with any of its customers and typically operate on the basis of purchase orders, which could adversely impact its revenues and profitability.

  • Its lenders have charge over the company movable, immovable properties in respect of finance availed by it.

  • Its lenders have imposed certain restrictive conditions on it under the company financing arrangements. Its inability to meet the company obligations, including financial and other covenants under its debt financing arrangements could adversely affect its business, financial condition, results of operations and cash flows.

  • The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

  • Any non-compliance or delays in payment of statutory dues including TDS payment may expose it to penalties from the regulators.

  • The company is required to obtain, renew or maintain statutory and regulatory permits, licenses and approvals to operate its business, and any delay or inability in obtaining, renewing or maintaining such permits, licenses and approvals could result in an adverse effect on its results of operations.

  • The length of its sales cycle may fluctuate significantly and depends on several external factors which may result in significant fluctuations in its revenues.

Promoters Holding

Investors Holdings %
SA Technologies Inc78.28%
Ritish Sharma0.46%
Poonam Sharma0%
Mindpool Technologies Ltd19.3%

About S A Tech Software India Ltd

OrganisationS A Tech Software India Ltd
HeadquartersPune
IndustryIT - Software

Frequently Asked Questions

  • What is the size of the S A Tech Software India Ltd IPO?

    The size of the S A Tech Software India Ltd IPO is ₹23.01Cr .

  • What is 'pre-apply' for S A Tech Software India Ltd IPO?

    'Pre-apply' for S A Tech Software India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my S A Tech Software India Ltd IPO order be placed?

    Your S A Tech Software India Ltd IPO order will be placed on 26 Jul 2024.

  • What are the open and close dates of the S A Tech Software India Ltd IPO?

    The open and close dates of the S A Tech Software India Ltd IPO are 26 Jul 2024 to 30 Jul 2024.

  • What is the lot size and minimum order quantity of the S A Tech Software India Ltd IPO?

    The lot size and minimum order quantity of the S A Tech Software India Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the S A Tech Software India Ltd IPO?

    The potential listing gains on the S A Tech Software India Ltd IPO will depend on various market factors and cannot be predicted with certainty.