IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison
Performance
Performance Report
IPO Review
IPO Review
The market size of Steel Wire Industry grew at a CAGR of 7.6% from CY19 to CY24 reaching an estimated market size of USD 113.4 billion by CY24. It is further projected to grow at a CAGR of 6% from CY24 to CY30 reaching market size of USD 161.2 billion by CY30.
Implementation of BharatNet project by BBNL (Bharat Broadband Network) for connecting approximately 2.6 lakh Gram Panchayat for providing broadband access to rural IndiaNHAI Demand for Optical Fibre Cables
NHAI Demand for Optical Fibre Cables towards development of around 10,000 km of Optic Fibre Cables (OFC) infrastructure across the country by FY24-25
The increasing use of smartphones, OTT platforms, digital services, and cloud computing has caused a surge in data consumption, driving the need for faster, more reliable internet connectivity.
| Revenue | ₹370.31 cr | ₹446.51 cr (+20.58%) | |
| PAT | ₹12.41 cr | ₹18.46 cr (+48.75%) | |
| PAT Margin | 3.35 % | 4.13 % (+23.28%) | |
| EBITDA | ₹24.10 cr | ₹41.20 cr (+70.95%) | |
| EBITDA Margin | 6.51 % | 9.23 % (+41.78%) | |
| ROE | 19.90 % | 22.84 % (+14.77%) | |
| ROCE | 15.01 % | 16.44 % (+9.53%) | |
| D/E | 1.27 | 1.23 (-3.15%) |
The company offers a wide range of products. Its 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)
The products has a diverse applications across various industries such as power transmission, infrastructure, telecommunications, agro-based and allied industries.
The Company earns revenue from multiple geographical locations across India and a portion of revenue from outside India from more than 30 countries such as Sri Lanka, Japan, Bhutan, Canada, Brazil etc.
PE Ratio: 23.59x Average Sector PE Ratio: 17.85x
| QIB Shares Offered: | 2813400 |
| - Anchor Investor Shares Offered: | 1687800 |
| − QIB (Ex. Anchor) Shares Offered : | 1125600 |
| NII (HNI) Shares Offered: | 844200 |
| - bNII > ₹10L: | 562800 |
| - sNII < ₹10L: | 281400 |
| Retail Shares Offered: | 1970400 |
| Total Shares Offered: | 5628000 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Max) | 2 | 1200 | ₹234000 |
| S-HNI (Min) | 3 | 1800 | ₹351000 |
| S-HNI (Max) | 8 | 4800 | ₹936000 |
| B-HNI (Min) | 9 | 5400 | ₹1053000 |
Avg IPO Size (Sector Based):
₹ 42.82 cr.
Average Sector PE Ratio:
17.85 X
Listing Price:
₹ 193.80
Systematic Industries Limited is a leading global manufacturer specializing in steel wire transformation and coatings. It was founded in 2000 and headquartered in Mumbai, India. Over the years the company has increased its production capacity from 300 metric tons per month to over 15,000 metric tons per month, totaling more than 100,000 metric tons annually. Systematic Industries offers a diverse range of products, including steel wires, Aluminium-clad steel wires, Optical Ground Wires (OPGW), and Optical Fiber Cables (OFC) under the brand Durafiber. Durafiber provides innovative Optical Fiber Cable solutions like Uni Tube Duct Cable, Multi Tube Cable (Armoured & Unarmoured), Aerial Cable, and ADSS Cables, ensuring speed, clarity, and reliability. The company serves industries such as Power & Transmission, Infrastructure, Agriculture, Telecom, and Automobile.
Hem Securities Limited, based in Jaipur is the Lead Manager (BRLM) of Systematic Industries IPO. Hem Securities Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Hem Securities Limited .
Systematic Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Systematic Industries Financial Review Page
Merchant Banker(s) of Systematic Industries IPO: Hem Securities Limited
Systematic Industries IPO subscription was 6.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Systematic Industries IPO listed at a listing price of 193.80 against the offer price of 195.00.
The current market price of Systematic Industries is 199.40.
Why Us?
