Sancode Technologies IPO GMP, Review, Price, Allotment

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Sancode Technologies IPO GMP 2023

Sancode Technologies IPO description – Incorporated in 2016, Sancode Technologies is a software and product development company offering an API-enabled platform and solutions. The company delivers solutions to its customers by working in collaboration with a network of implementation partners in the following areas:

  • Digital transformation
  • Workflow automation
  • Artificial intelligence (AI) and Machine learning (ML)
  • Robotic Process Automation (RPA) and Data Analytics
  • Metaverse and Web3 applications
  • System Integration

The company has evolved its business to develop, provide, undertake, design, distribute, and deal in systems and application software, undertake offshore software development projects, digital transformation, cloud migration, advance analytics, robotic process automation, machine learning, and AI projects.

Sancode Technologies offers its services across industries and a diversified customer base mostly in the United States of America including clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.

Sancode Technologies 2023

Promoters of Sancode Technologies – Amit Vijay Jain, Khushboo Jain, Mihir Deepak Vora and ZNL Startup Accelerator LLP


Sancode Technologies IPO Details

Sancode Technologies IPO Dates31 March – 6 April 2023
Sancode Technologies IPO PriceINR 47 per share
Fresh issue10,95,000 shares (INR 5.15 crores)
Offer For SaleNil
Total IPO size10,95,000 shares (INR 5.15 crores)
Minimum bid (lot size)3,000 shares (INR 141,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Sancode Technologies Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Revenue12.67155.62243.86142.49
Expenses189.64188.52204.4666.14
Net income(112.94)(4.60)62.9566.12
Figures in INR Lakhs unless specified otherwise

Sancode Technologies Offer News


Sancode Technologies Valuations & Margins

FY 2020FY 2021FY 2022
EPS(3.81)(0.15)2.42
PE ratio19.42
RONW (%)(51.15)(2.06)21.93
NAV7.447.529.65
EBITDA (%)(1148.62)(17.89)16.78
*Compiled by IPO Central from Prospectus

Sancode Technologies IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda

Sancode Technologies IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered547,500547,5001,095,000
6 Apr 20233.883.283.58
5 Apr 20231.461.221.34
3 Apr 20230.520.400.46
31 Mar 20230.110.200.15

Sancode Technologies Offer Lead Manager

SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor,
Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West),
Mumbai- 400 092, Maharashtra, India
Phone: +91-22-2808 8456
Email: [email protected]
Website: www.shreni.in


Sancode Technologies Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com


Sancode Technologies Contact Details

SANCODE TECHNOLOGIES LIMITED
107, Prime Plaza, J.V. Patel Compound, B.M. Road,
Opp. Elphinstone Stn. Mumbai -400013, Maharashtra
Phone: 022-49622853
E-mail: [email protected]
Website: www.sancodetech.com


Sancode Technologies IPO Allotment Status

Sancode Technologies IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.


Sancode Technologies IPO Dates & Listing Performance

IPO Opening Date31 March 2023
IPO Closing Date6 April 2023
Finalisation of Basis of Allotment12 April 2023
Initiation of refunds13 April 2023
Transfer of shares to demat accounts17 April 2023
Sancode Technologies IPO Listing Date18 April 2023
Opening Price on BSE SMEINR 60 per share (up 27.66%)
Closing Price on BSE SMEINR 60.80 per share (up 29.36%)

Sancode Technologies IPO FAQs

What is the Sancode Technologies offer size?

Sancode Technologies offer size is INR 5.15 crores.

What is the Sancode Technologies IPO Price Band?

Sancode Technologies public offer price is INR 47 per share.

What is the lot size of the Sancode Technologies IPO?

Sancode Technologies offer a lot size is 3,000 shares.

What is Sancode Technologies IPO GMP today?

Sancode Technologies IPO GMP today is INR NA per share.

What is the Sancode Technologies kostak rate today?

Sancode Technologies kostak rate today is NA per application.

What is Sancode Technologies Subject to Sauda rate today?

Sancode Technologies Subject to Sauda rate today is INR NA per application.

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