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.
| Date | GMP | Kostak | Subject To Sauda | |
| 15 March 2023 | ₹30 | ₹- | ₹30000 | |
| 14 March 2023 | ₹30 | ₹- | ₹30000 | |
| 13 March 2023 | ₹30 | ₹- | ₹30000 | |
| 12 March 2023 | ₹25 | ₹- | ₹30000 | |
| 11 March 2023 | ₹25 | ₹- | ₹30000 | |
| 10March 2023 | ₹25 | ₹- | ₹30000 | |
| 09 March 2023 | ₹25 | ₹- | ₹30000 | |
| 08 March 2023 | ₹25 | ₹- | ₹30000 | |
| 07 March 2023 | ₹25 | ₹- | ₹30000 | |
| 06 March 2023 | ₹25 | ₹- | ₹30000 | |
| 05 March 2023 | ₹25 | ₹- | ₹30000 | |
| 04 March 2023 | ₹25 | ₹- | ₹30000 | |
| 03 March 2023 | ₹25 | ₹- | ₹30000 | |
| 02 March 2023 | ₹35 | ₹- | ₹45000 | |
| 01 March 2023 | ₹35 | ₹- | ₹45000 | |
| 28 February 2023 | ₹30 | ₹- | ₹45000 |
Systango Technologies SME IPO Date & Price Band.
| IPO Open: | Mar 2, 2023 |
| IPO Close: | Mar 6, 2023 |
| IPO Size: | ₹34.82 Crores |
| Price Band: | ₹85 to ₹90 per share |
| Listing on: | NSE SME |
| Retail Portion: | Not less than 35% of the Net Issue |
| Equity: | 3,868,800 shares |
| Face Value: | ₹10 per share |
Systango Technologies SME IPO Market Lot
The Systango Technologies IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000).
Shares: Minimum 1600 share
Minimum Amount: ₹144,000
Maximum Amount: ₹144,000
Systango Technologies SME IPO Allotment & Listing:
- Basis of Allotment: Mar 10, 2023
- Refunds: Mar 13, 2023
- Credit to Demat accounts: Mar 14, 2023
- Listing: Mar 15, 2023
Systango Technologies SME IPO Form
How to apply Systango Technologies IPO? You can apply Systango Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Systango Technologies IPO in the Invest section. The other option you can apply Systango Technologies IPO via IPO forms download via the NSE website. Check out the Systango Technologies forms – click NSE IPO Forms download, fill and submit in your bank or with your broker
Systango Technologies SME Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-20 | 744.32 | 1,455.31 | 251.88 |
| 31-Mar-21 | 1,537.57 | 2,388.09 | 568.26 |
| 31-Mar-22 | 2,288.97 | 3,392.10 | 676.99 |
Systango Technologies SME IPO Valuation – FY2022
| Earning Per Share (EPS): | ₹6.27 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 39.30% |
| Net Asset Value (NAV): | ₹15.95 per Equity Share |
Peer Group
- InfoBeans Technologies Ltd
- Innovana Thinklabs Limited
- Ksolves India Ltd
Company Promoters
- Vinita Rathi
- Nilesh Rathi
Systango Technologies SME IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Company Address
Systango Technologies Limited
Third Floor (LHS),
STP-I Crystal IT Park, Ring Road,
Indore – 452010
Phone: +91 0731 2971030
Email: cs@systango.com
Website: http://www.systango.com/
Quick Links:
Systango Technologies IPO DRHP
About Systango Technologies SME IPO
Systango Technologies IPO opens on Mar 2, 2023, and closes on Mar 6, 2023. The Systango Technologies IPO bid date is from Mar 2, 2023 10.00 A.M. to Mar 6, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Read Also
Systango Technologies SME Allotment Status
Systango Technologies SME IPO Listing Date Systango Technologies SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Systango Technologies SME IPO FAQs
What is Systango Technologies SME IPO Open Date for QIB, NII, and Retail?
Systango Technologies SME IPO will open on Mar 2, 2023
Systango Technologies SME IPO Size?
Systango Technologies IPO size is Approx ₹34.82 Crores
Systango Technologies SME IPO Price Band?
Systango Technologies SME IPO Price Band is ₹85 to ₹90 per share
Systango Technologies SME IPO Minimum Lot Size?
The minimum bid is 1600 Shares with a ₹144,000 Minimum Lot Size.
What is Systango Technologies SME IPO Allotment Date?
Systango Technologies SME IPO allotment date is Mar 10, 2023
What is Systango Technologies Listing date ?
Systango Technologies SME IPO listing date is Mar 15, 2023. The IPO is to list on NSE SME.