214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Sancode Technologies IPO (Sancode Technologies Limited IPO) Detail

Sancode Technologies Limited is an Information Technology - SaaS based company, located in Mumbai, Sancode Technologies Limited IPO size was 5.15 Cr. and was issued at 47.00 per share. The share of Sancode Technologies Limited were listed at 64.00 per share and are currently trading at 148.90 per share.

Type :
Sub Sector : API Based Sol
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
3.62 Cr.

PAT :
1.78 Cr.

Pricing Report

Issue Price :
47.00

Listing Price :
64.00

Current Market Price :
148.90

Issue Price vs CMP :
101.9 (216.81%)

listing Price vs CMP :
84.9 (132.66%)

Performance Report (CAGR* wise)

CAGR : 59.13
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Sancode Technologies

Company Information
Sancode Technologies is a software and product development company offering an API enabled platform and solutions that enable organizations to rapidly adopt powerful technology applications addressing their strategic business needs. They enable organizations to drive digital transformation and competitive differentiation by providing them easy to implement pre-built business logic and solution workflows specially for finance automations. They are more focused on bridging the gap between technology and businesses by hiring a team of solution architects, project managers and business analysts.
Object of Issue
  • Funding working capital requirements
  • General Corporate Purposes

Sancode Technologies SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2023
IPO Size :
5.15 Cr.
Market Cap :
19.12 Cr.   
IPO Subscription :
3.68 X     
PE Multiple :
10.71
Merchant Banker :
Shreni Shares Limited
Anchor Investors:
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FAQs

Sancode Technologies operates in Information Technology - SaaS and API Based Sol. The Issue is listed on BSE SME in Apr, 2023. Sancode Technologies IPO size was 5.15 Cr. with Issue price of 47.00 .

Sancode Technologies IPO subscription was 3.68 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.

Sancode Technologies IPO listed at a listing price of 64.00 against the offer price of 47.00.

The current market price of Sancode Technologies is 148.90.

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