Last updated on September 7, 2024
SA Tech IPO description – S A Tech Software India (SAT), based in Pune and Bengaluru, is an IT consulting subsidiary of SA Technologies Inc., USA. The company serves a diverse portfolio of clients, from small businesses to large enterprises, offering a range of products and digital solutions. Leveraging its global presence, SAT brings together diverse teams worldwide, combining multiple skills to collaborate in real-time and solve complex technological problems for its clients.
The company’s primary business line includes outsourced technological services and digital transformation for Fortune 500 clients, helping them conceive, design, develop, and deliver superior products. With partnerships with tech giants like Microsoft and Google, SA Tech Software India (SAT) cements its reputation and showcases its experience and dedication in the tech industry.
The product and services portfolio of S A Tech Software India includes IT Services, Artificial Intelligence and Machine Learning, Software Development and Engineering, Digital Transformation and Automation, Data science and analytics, Cloud and DevOps Services, Quality Assurance and Testing, and the Global Capability Centre (GCC).
Promoters of SA Tech Software India – SA Technologies INC., USA, Mr. Manoj Joshi, Mrs. Priyanka Joshi, M/S Mindpool Technologies Limited, Mr. Ritesh Sharma, and Mrs. Poonam Sharma
Table of Contents
SA Tech Software India IPO Details
| SA Tech IPO Dates | 26 – 30 July 2024 |
| SA Tech Issue Price | INR 56 – 59 per share |
| Fresh issue | 39,00,000 shares (INR 21.84 – 23.01 crore) |
| Offer For Sale | NIL |
| Total IPO size | 39,00,000 shares (INR 21.84 – 23.01 crore) |
| Minimum bid (lot size) | 2,000 shares (INR1,18,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
SA Tech Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 41.06 | 56.39 | 71.88 | 23.89 |
| Expenses | 48.45 | 54.99 | 67.13 | 20.64 |
| Net income | (5.48) | 1.09 | 3.69 | 2.48 |
SA Tech Offer News
- SA Tech IPO Allotment Status
- SA Tech RHP
- SA Tech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
SA Tech Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | (6.07) | 1.20 | 4.06 |
| PE ratio | – | – | 13.79 – 14.53 |
| RONW (%) | (82.58) | 14.06 | 31.63 |
| NAV | 7.36 | 8.56 | 12.74 |
| ROCE (%) | (17.35) | 19.66 | 32.24 |
| EBITDA (%) | (9.72) | 9.22 | 12.18 |
| Debt/Equity | 2.95 | 1.89 | 1.10 |
SA Tech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 1 August 2024 | 75 | – | 1,05,000 |
| 31 July 2024 | 75 | – | 1,05,000 |
| 30 July 2024 | 75 | – | 1,05,000 |
| 29 July 2024 | 70 | – | 97,000 |
| 27 July 2024 | 65 | – | 93,000 |
| 26 July 2024 | 60 | – | 87,000 |
| 25 July 2024 | 55 | – | 85,000 |
| 24 July 2024 | 45 | – | 62,000 |
| 23 July 2024 | 40 | – | 56,000 |
SA Tech IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 7,24,000 | 5,44,000 | 12,66,000 | 25,34,000 |
| 30 Jul 2024 | 201.29 | 1179.50 | 621.77 | 621.37 |
| 29 Jul 2024 | 9.00 | 87.44 | 157.05 | 99.81 |
| 26 Jul 2024 | 4.28 | 15.10 | 21.01 | 14.96 |
The market maker reservation portion of 2,84,000 shares and anchor allocation of 10,82,000 shares are not included in the above calculations.
SA Tech IPO Dates & Listing Performance
| IPO Opening Date | 26 July 2024 |
| IPO Closing Date | 30 July 2024 |
| Finalization of Basis of Allotment | 31 July 2024 |
| Initiation of refunds | 1 August 2024 |
| Transfer of shares to demat accounts | 1 August 2024 |
| IPO Listing Date | 2 August 2024 |
| Opening Price on NSE SME | INR 112.10 per share (up 90%) |
| Closing Price on NSE SME | INR 117.70 per share (up 99.49%) |
SA Tech Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad-380 054
Phone:+91 8777564648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
SA Tech Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
SA Tech Software IPO Contact Details
SA TECH SOFTWARE INDIA LIMITED
Off No. D-6030, 6th Floor Solitaire Bus.
Hub Viman Nagar, Pune 411014, Maharashtra
Phone: +91 9022909131
E-mail: [email protected]
Website: www.satincorp.com
IPO FAQs
What is SA Tech Software IPO size?
SA Tech offer size is INR 21.84 – 23.01 crores.
What is the SA Tech Software IPO price band?
SA Tech public offer price is INR 56 – 59 per share.
What is the lot size of the SA Tech IPO?
SA Tech offer a lot size is 2,000 shares.
What is SA Tech IPO GMP today?
SA Tech IPO GMP today is INR 75 per share.
What is the SA Tech kostak rate today?
SA Tech kostak rate today is INR NA per application.
What is SA Tech Subject to the Sauda rate today?
SA Tech is Subject to the Sauda rate today is INR 1,05,000 per application.
