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Systematic Inds. IPO

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WEBSITE Inc. Year: 2000 Industry: Steel & Iron Products Listed Page

Profile
Issue Size 115.6 Cr
Profile
Price Range 185  to  195 per share
Profile
Min Investment ₹195
Profile
Lot Size 1
Profile
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

Incorporated in year 2000, we are an ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified company operating in the steel wire industry and engaged in the business of manufacturing and supplying of various steel wires and cables, catering to the needs of power transmission, infrastructure, telecommunications, agro-based and allied industries. Our product portfolio includes Steel wires such as Carbon steel wire (MS Wire), High carbon wire (HC Wire), Mild Steel (MS) Wire, Galvanized Iron (GI) Wire, Cable Armour Wire, Aluminium conductor steel-reinforced cable (ACSR Core wire), Aluminium Clad Steel (ACS) Wire etc. along with Optical Ground Wires (OPGW) and Optical Fibre Cable (OFC), which has electrical and mechanical properties that are suitable for applications in power generation, data transmission and distribution, thus, ensuring efficiency and reliability across various aforementioned industries. Read More

Basic Info

Face Value 10 per share

Price 185  to  195 per share

P/E (x) 9.7

Sales( Cr.) 447

PAT( Cr.) 18

EPS 20.1

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Siddharth Rajendra Agarwal Satya Rajendra Agrawal

Pre Issue Share Holding 99.95%

Post Issue Share Holding 73.41%

Listing Details:

Listing Price: 193.8

Listing Gain: -0.62%

Current Price: 203.3

Gain On Issue: 203.3 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 24, 2025
Closing Date Sep 26, 2025
Allotment Sep 29, 2025
Refund Sep 30, 2025
Delivery of Shares Sep 30, 2025
Listing Date Oct 01, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 234,000
Retail (Max) -- -- --
S-HNI (Min) 1 1200 234,000
S-HNI (Max) 4 4800 936,000
B-HNI (Min) 5 6000 1,170,000

Objective of the Issue

1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company 2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 1125600 11089800 9.9x
NII 1144200 7000200 6.1x
Retail 1970400 6622800 3.4x
EMP 0 0 0x
Total 4240200 24712800 5.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Systematic Inds. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 176 164 172 217 263 213 175 234 320 370 447
Other Income 0 0 1 0 0 0 2 2 1 2 3
Total Income 176 165 172 217 263 214 177 236 322 373 449
Total Expenditure 167 154 161 206 250 204 169 225 307 346 412
Operating Profit 9 11 11 12 13 10 8 11 15 27 37
Interest 4 5 5 5 4 2 2 4 4 7 8
Depreciation 2 2 2 2 2 2 2 2 2 3 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 4 4 4 7 5 4 5 8 17 24
Provision for Tax 1 1 1 2 2 1 1 1 2 4 6
Profit After Tax 2 3 3 3 5 4 3 4 6 12 18
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 3 3 3 5 4 3 4 6 12 18
Adjusted Earnings Per Share 1.9 2.4 2.3 2.6 4.5 3.6 2.6 3.5 5.6 7.4 10.7

Systematic Inds. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 20 22 25 28 33 37 40 44 50 62 81
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 4 6 6 5 2 4 7 8 17 21 26
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 1 1 1
Total Current Liabilities 48 49 48 55 40 32 30 38 63 77 92
Total Liabilities 72 78 79 88 75 73 77 89 130 162 200
Fixed Assets 10 11 12 10 10 10 13 11 27 26 61
Other Non-Current Assets 0 0 0 0 0 0 0 0 2 25 2
Total Current Assets 62 67 66 78 66 63 65 78 102 110 138
Total Assets 72 78 79 88 75 73 77 89 130 162 200

Systematic Inds. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 1 0 0 0 0 1 2
Cash Flow from Operating Activities -1 -5 17 5 15 -2 2 -1 -7 15 9
Cash Flow from Investing Activities -3 -2 -4 -1 2 -0 -4 -2 -15 -24 -19
Cash Flow from Financing Activities 4 7 -13 -4 -18 3 1 3 22 10 13
Net Cash Inflow / Outflow 0 -0 0 1 -1 0 -0 0 0 0 2
Closing Cash & Cash Equivalent 1 0 0 1 0 0 0 0 1 1 5

Systematic Inds. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.91 2.43 2.33 2.64 4.5 3.57 2.59 3.47 5.63 7.38 10.75
CEPS(Rs) 3.56 4.03 4.02 4.4 5.93 5.15 4.12 4.97 7.31 9.09 13.36
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 17.57 20 22.33 24.97 29.46 33.02 35.61 39.08 44.3 37.12 48.24
Core EBITDA Margin(%) 4.44 5.47 5.42 4.45 4.09 3.62 3.4 3.3 4.16 6.62 7.66
EBIT Margin(%) 3.66 4.75 4.71 3.79 3.65 3.1 3.43 3.4 4.02 6.46 7.28
Pre Tax Margin(%) 1.71 2.11 2.07 1.77 2.3 2.13 2.21 1.97 2.64 4.49 5.48
PAT Margin (%) 1.08 1.48 1.35 1.17 1.62 1.59 1.65 1.45 1.97 3.35 4.04
Cash Profit Margin (%) 2.02 2.45 2.33 1.95 2.14 2.29 2.63 2.07 2.55 4.13 5.03
ROA(%) 3.21 3.62 3.32 3.55 6.15 5.4 3.87 4.68 5.75 8.5 9.99
ROE(%) 11.47 12.93 10.99 11.18 16.52 11.42 7.53 9.3 13.51 22.15 25.18
ROCE(%) 16.06 15.46 14.91 15.89 19.74 13.57 9.16 12.27 13.43 18.9 20.22
Receivable days 69.86 76.67 80 66.39 55.79 61.7 70.37 48.29 55.72 54.26 53.59
Inventory Days 13.91 23.65 17.22 12.64 11.62 10.7 24.88 20.45 23.53 29.55 30.44
Payable days 45.9 44.3 37.68 40.99 35.18 26.76 15.7 11.59 13.5 16.34 13.71
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.15 0.24 0.18 0.14 0.07 0.12 0.17 0.15 0.19 0.21 0.25
EV/Core EBITDA(x) 2.94 3.67 2.79 2.56 1.45 2.64 3.84 3.35 4.23 2.94 3.02
Net Sales Growth(%) 18.14 -6.76 4.61 26.43 21.15 -18.91 -17.86 33.65 36.91 15.55 20.58
EBIT Growth(%) 22.85 21.4 4.01 5.23 18.04 -31.07 -23 51.86 41.05 85.94 35.84
PAT Growth(%) 3.33 27.51 -4.32 13.71 70 -20.64 -27.53 34.27 62.31 96.53 45.59
EPS Growth(%) 3.33 27.51 -4.32 13.71 70 -20.64 -27.53 34.27 62.29 31.04 45.58
Debt/Equity(x) 1.53 1.84 1.35 1.22 0.6 0.68 0.73 0.82 1.25 1.27 1.22
Current Ratio(x) 1.3 1.36 1.39 1.42 1.65 1.97 2.14 2.07 1.61 1.43 1.5
Quick Ratio(x) 1.12 1.06 1.32 1.15 1.52 1.67 1.66 1.65 1.2 0.98 1.06
Interest Cover(x) 1.88 1.8 1.78 1.87 2.7 3.2 2.8 2.37 2.92 3.27 4.05
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% 24% 16% 10%
Operating Profit CAGR 37% 50% 30% 15%
PAT CAGR 50% 65% 35% 25%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 25% 20% 16% 14%
ROCE Average 20% 18% 15% 15%

Company Contact Information

Systematic Industries Ltd.

Dimple Lalwani

+91 - 22 - 41383900

cs@systematicindustries.com

418 , Nirmal Corporate Centre 4th Floor , L . B . S . Marg Mulund (West)

IPO Lead Manager(s)

Systematic Industries Ltd.

Hem Securities Ltd.

Registrar Info

Systematic Industries Ltd.

Cameo Corporate Services Ltd

Subramanian Buildings No 1 , Club House Road,,Chennai

044-28460390/28460394

044-28460129

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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