247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Systango Technologies Limited IPO (Systango Technologies IPO) Details

Systango Technologies Limited is an Information Technology - Data Solutions based company, located in Indore, Systango Technologies Limited IPO size was 34.82 Cr. and was issued at 90.00 per share. The share of Systango Technologies Limited were listed at 98.00 per share and are currently trading at 267.30 per share.

Type :
Sub Sector : Design Implement Customize Dig Platforms
SME IPO
NSE EMERGE

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

Revenue :
46.02 Cr.

PAT :
11.44 Cr.

Pricing Report

Issue Price :
90.00

Listing Price :
98.00

Current Market Price :
267.30

Issue Price vs CMP :
177.3 (197.00%)

listing Price vs CMP :
169.3 (172.76%)

Performance Report (CAGR* wise)

CAGR : 79.68
-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.

About Systango Technologies

Company Information
Systango Technologies is engaged in the business of providing software solutions that enables companies to design, implement and manage their own customized digital platforms including Web2, Web3 and mobile applications with strong emphasis on data and analytics. They provide range of software solution services including like: website development, mobile app development (both for iOS and
Android applications), web3 development, DeFi (Decentralized finance), data engineering, implementation of blockchain, cloud computing, digital marketing etc for companies across sectors such as Financial Services (FinTech), Hospitality, Fantasy Sports, Property Tech etc. Through their software solutions they combine the functionality, flexibility and customer software development for their customers with the Cost effective, speed of implementation and other operational benefits of outsourcing. Over the years the company has evolved as professional
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Object of Issue
  • Strategic Investment and Acquisitions
  • Investment in Subsidiaries
  • To Meet Working Capital Requirements
  • General Corporate Purposes
  • Issue Expenses

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

IPO Type :
Book Building
IPO Date :
Mar, 2023
IPO Size :
34.82 Cr.
Market Cap :
132.02 Cr.   
IPO Subscription :
64.99 X     
PE Multiple :
15.13
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Systango Technologies operates in Information Technology - Data Solutions and Design Implement Customize Dig Platforms. The Issue is listed on NSE EMERGE in Mar, 2023. Systango Technologies IPO size was 34.82 Cr. with Issue price of 90.00 .

Systango Technologies IPO subscription was 64.99 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.

Systango Technologies IPO listed at a listing price of 98.00 against the offer price of 90.00.

The current market price of Systango Technologies is 267.30.

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