Sharescart Research Club logo
Apollo Green 72 (28.6%)ASK Investment 895 (-3.2%)AVPL 49 (0%)Bootes Impex 775 (-8.8%)CIAL 442 (-0.5%)CSK 254 (-3.1%)ESDS Software 478 (2.8%)Garuda Aerospace 468 (-2.1%)Goodluck Defence 385 (16%)Hero Motors 325 (0%)Hinduja Leyland 248 (0%)ICL Fincorp 25 (0%)Incred Holdings 154 (2.7%)Kineco Limited 3285 (0%)Lava 60 (15.4%)Market Simplified 26 (-7.1%)Matrix Gas 12 (-20%)Motilal Oswal 12.25 (-2%)MSEI 6.35 (-2.3%)NCDEX 368 (-1.6%)NSE 1985 (-2%)Onix Renewable 68 (21.4%)OYO 23 (-4.2%)OYO Assets 9.25 (-7%)Philips India 1250 (0%)Polymatech Electronics 56 (-3.4%)SBI Mutual 768 (-0.9%)Taparia Tools 6050 (0%)VCI Chemical 64 (0%)Zepto 40 (-4.8%)

15 Days Price Change

Systango Technologie IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 85  to  90 per share
Profile
Min Investment ₹90
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

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

Basic Info

Face Value 10 per share

Price 85  to  90 per share

P/E (x) 5.6

Sales( Cr.) 67

PAT( Cr.) 24

EPS 16.2

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Vinita Rathi Nilesh Rathi

Pre Issue Share Holding 97.73%

Post Issue Share Holding 71.96%

Listing Details:

Listing Price: 98

Listing Gain: 8.16%

Current Price: 213.5

Gain On Issue: 213.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 02, 2023
Closing Date Mar 06, 2023
Allotment Mar 07, 2023
Refund Mar 08, 2023
Delivery of Shares Mar 08, 2023
Listing Date Mar 09, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 144,000
Retail (Max) 1 1600 144,000
S-HNI (Min) 2 3200 288,000
S-HNI (Max) 6 9600 864,000
B-HNI (Min) 7 11200 1,008,000

Objective of the Issue

1. Strategic Investment and Acquisitions 2. Investment in Subsidiaries 3. To Meet Working Capital Requirements 4. General Corporate Purposes 5. Issue Expenses.

Issue

Category Nos Bid Bid (x)
QIB 1934400 27275040 14.1x
NII 580320 133682515 230.4x
Retail 1354080 90168187 66.6x
EMP 0 0 0x
Total 3868800 251433312 65x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Systango Technologie Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 14 23 33 52 57 67
Other Income 0 1 1 1 4 7
Total Income 15 24 34 54 61 74
Total Expenditure 11 16 25 36 39 44
Operating Profit 3 7 9 17 22 30
Interest 0 0 0 0 0 0
Depreciation 0 0 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 3 7 8 17 21 29
Provision for Tax 0 1 1 3 4 5
Profit After Tax 3 6 7 14 17 24
Adjustments 0 0 0 0 0 0
Profit After Adjustments 3 6 7 14 17 24
Adjusted Earnings Per Share 2.3 5.3 6.3 9.5 11.5 16.2

Systango Technologie Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 10 17 62 78 102
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 0 1 0 0
Other Non-Current Liabilities 0 0 -0 -0 -0 -0
Total Current Liabilities 2 4 5 7 8 10
Total Liabilities 7 15 22 69 86 112
Fixed Assets 1 1 2 3 4 5
Other Non-Current Assets 0 0 0 4 3 14
Total Current Assets 6 14 20 62 79 93
Total Assets 7 15 22 69 86 112

Systango Technologie Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 2 6 36 5
Cash Flow from Operating Activities 4 7 3 5 9 12
Cash Flow from Investing Activities -3 -6 -1 -7 -40 2
Cash Flow from Financing Activities -1 -0 1 32 -0 1
Net Cash Inflow / Outflow 0 1 3 30 -31 16
Closing Cash & Cash Equivalent 1 2 6 36 5 20

Systango Technologie Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.33 5.26 6.33 9.54 11.54 16.18
CEPS(Rs) 2.69 5.61 6.91 9.91 11.89 16.58
DPS(Rs) 50 0 0 0 0 0
Book NAV/Share(Rs) 4.41 9.68 16.14 42.02 53.45 69.74
Core EBITDA Margin(%) 21.48 28.62 23.23 30.38 30.93 34.15
EBIT Margin(%) 20.68 30.84 25.11 31.94 37.33 43.45
Pre Tax Margin(%) 20.49 29.49 25.02 31.86 37.25 43.33
PAT Margin (%) 17.63 24.7 20.92 26.73 29.92 35.34
Cash Profit Margin (%) 20.31 26.36 22.82 27.76 30.83 36.21
ROA(%) 35.3 51.32 36.87 30.66 21.84 23.94
ROE(%) 52.83 74.61 49.06 35.39 24.17 26.26
ROCE(%) 61.94 91.85 57.97 41.85 30.01 32.26
Receivable days 0 0 2.54 23.34 55.51 71.24
Inventory Days 0 0 0 0 0 0
Payable days 0 0 0 0 0 0
PER(x) 0 0 0 13.92 26.78 12.42
Price/Book(x) 0 0 0 3.16 5.78 2.88
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) -0.06 0.02 -0.09 3.05 7.93 4.09
EV/Core EBITDA(x) -0.25 0.06 -0.33 9.24 20.74 9.23
Net Sales Growth(%) 0 60.94 42.19 60.12 8.09 18.69
EBIT Growth(%) 0 140.05 15.76 103.7 26.32 38.13
PAT Growth(%) 0 125.46 20.44 104.57 20.97 40.2
EPS Growth(%) 0 125.61 20.36 50.61 20.97 40.2
Debt/Equity(x) 0 0.02 0.01 0.01 0 0
Current Ratio(x) 2.57 3.33 4.34 8.71 10.48 9.24
Quick Ratio(x) 2.57 3.33 4.34 8.71 10.48 9.24
Interest Cover(x) 109.39 22.89 273.58 402.86 454.17 381.83
Total Debt/Mcap(x) 0 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 18% 27% 37% 0%
Operating Profit CAGR 36% 49% 58% 0%
PAT CAGR 41% 51% 52% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -19% -0% NA% NA%
ROE Average 26% 29% 42% 44%
ROCE Average 32% 35% 51% 53%

Company Contact Information

Systango Technologies Ltd.

Third Floor (L H S) S T P- I Crystal I T Park Ring Road

IPO Lead Manager(s)

Systango Technologies Ltd.

Hem Securities Ltd.

Registrar Info

Systango 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.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp