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15 Days Price Change

Sancode Technologies IPO

Closing In

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Issue Size --
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Price Range 47  to  47 per share
Profile
Min Investment ₹47
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Sancode Technologies Limited was founded in 2010. It is a technology company that provides a wide range of services to businesses across various industries. The company specializes in software development, digital marketing, web development, mobile application development, and IT consulting services. Sancode Technologies has its headquarters in Lagos, Nigeria. The company has a strong focus on innovation and uses the latest technologies to deliver customized solutions to its clients. The company has worked with a diverse range of clients from various industries including healthcare, finance, education, and e-commerce. The company's expertise in software development has enabled it to develop custom solutions that help its clients streamline their operations and increase their efficiency. Read More

Basic Info

Face Value 10 per share

Price 47  to  47 per share

P/E (x) 22.4

Sales( Cr.) 14

PAT( Cr.) 1

EPS 2.1

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Amit Vijay Jain Khushboo Jain Mihir Deepak Vora ZNL Startup Accelerator LLP

Pre Issue Share Holding 100%

Post Issue Share Holding 22.57%

Listing Details:

Listing Price: 64

Listing Gain: 26.56%

Current Price: 259

Gain On Issue: 259 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 31, 2023
Closing Date Apr 06, 2023
Allotment Apr 07, 2023
Refund Apr 10, 2023
Delivery of Shares Apr 10, 2023
Listing Date Apr 11, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 141,000
Retail (Max) 1 3000 141,000
S-HNI (Min) 2 6000 282,000
S-HNI (Max) 7 21000 987,000
B-HNI (Min) 8 24000 1,128,000

Objective of the Issue

1. Funding working capital requirements. 2. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 547500 2179050 4x
Retail 547500 1856025 3.4x
EMP 0 0 0x
Total 1095000 4029600 3.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Sancode Technologies Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 2 2 2 5 14
Other Income 0 0 0 0 0 0
Total Income 0 2 2 2 5 14
Total Expenditure 2 2 2 2 6 14
Operating Profit -1 -0 0 0 -2 1
Interest 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 1 0 0 0
Profit Before Tax -1 -0 1 0 -2 0
Provision for Tax -0 -0 0 -0 0 -0
Profit After Tax -1 -0 1 0 -2 1
Adjustments 0 0 -0 0 -0 -0
Profit After Adjustments -1 -0 1 1 -2 0
Adjusted Earnings Per Share -4 -0.2 3.1 1.8 -4.9 1.2

Sancode Technologies Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 2 3 6 6
Minority's Interest 0 0 0 0 0 0
Borrowings 0 1 0 0 0 1
Other Non-Current Liabilities -1 -1 -0 -0 -0 -1
Total Current Liabilities 1 0 0 0 1 2
Total Liabilities 2 2 3 3 7 7
Fixed Assets 0 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 3 3
Total Current Assets 2 2 3 3 4 5
Total Assets 2 2 3 3 7 7

Sancode Technologies Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 1 0 1 2
Cash Flow from Operating Activities -1 -2 0 1 -3 -3
Cash Flow from Investing Activities -0 0 -0 0 -2 1
Cash Flow from Financing Activities 3 1 -0 -0 5 1
Net Cash Inflow / Outflow 1 -1 -0 1 0 -1
Closing Cash & Cash Equivalent 1 1 0 1 2 1

Sancode Technologies Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -4.01 -0.16 3.1 1.84 -4.89 1.21
CEPS(Rs) -3.99 -0.91 3.73 1.68 -4.25 2.3
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 7.8 7.89 7.93 10.19 14.27 13.6
Core EBITDA Margin(%) -1388.63 -20.54 16.37 -23.68 -36.44 1.01
EBIT Margin(%) -1153.99 -18.21 43.57 2.02 -35.05 3.48
Pre Tax Margin(%) -1156.75 -18.49 43.41 1.48 -35.5 3.41
PAT Margin (%) -891.71 -16.82 42.99 32.14 -36.82 6.14
Cash Profit Margin (%) -886.35 -16.5 43.04 32.16 -36.39 6.77
ROA(%) -47.22 -11.4 41.83 17.28 -34.49 11.57
ROE(%) -51.44 -11.84 47.03 18.98 -39.65 14.95
ROCE(%) -66.14 -11.15 40.33 1.15 -35.98 7.3
Receivable days 1680.09 204.75 227.73 326.1 47.65 9.38
Inventory Days 0 0 0 0 0 0
Payable days 0 0 0 0 0 0
PER(x) 0 0 0 0 0 27.04
Price/Book(x) 0 0 0 0 5.41 2.4
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) -9.35 0.04 -0.02 1.16 6.33 0.99
EV/Core EBITDA(x) 0.81 -0.2 -0.14 56.86 -18.29 24.01
Net Sales Growth(%) 0 1128.26 56.7 -36.27 206.13 190.26
EBIT Growth(%) 0 80.62 474.95 -97.05 -5410.51 128.83
PAT Growth(%) 0 76.84 500.61 -52.36 -450.71 148.4
EPS Growth(%) 0 95.93 1996.52 -40.57 -365.6 124.7
Debt/Equity(x) 0 0.29 0.07 0.02 0.06 0.26
Current Ratio(x) 2.04 10.54 6.96 12.09 3.73 2.71
Quick Ratio(x) 2.04 10.54 6.96 12.09 3.73 2.71
Interest Cover(x) -417.74 -64.41 272.46 3.74 -78.29 52.26
Total Debt/Mcap(x) 0 0 0 0 0.01 0.11

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 180% 91% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 534% 47% NA% NA%
ROE Average 15% -2% 6% -4%
ROCE Average 7% -9% 0% -11%

Company Contact Information

Sancode Technologies Ltd.

403, Shreya House, Parera Hill Road Opp Anjani Compound, Chakala Andheri (East), Mstone Stn

IPO Lead Manager(s)

Sancode Technologies Ltd.

Shreni Shares Limited

Registrar Info

Sancode Technologies Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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