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S A Tech Software India Ltd

S A Tech Software India Ltd

    Registered Office : #.D-6030 6th Flr Solitaire Bus,Hub Viman Nagar,Pune Maharashtra 411014 Phone : +91 90229 09131
    Fax :

    Email : cs@satincorp.com

    Website : www.satincorp.com

Initial public offer of up to 39,00,000 equity shares of face value Rs. 10 each (the "Equity Shares") of S A Tech Software India Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. 59 per equity share (including securities premium of Rs. 49 per equity share) ("Issue Price"), aggregating up to Rs. 23.01 crores (the "Issue") of which up to 2,84,000 equity shares aggregating to Rs. 1.68 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of upto 36,16,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 59 per equity share aggregating upto Rs. 21.33 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.86% and 27.69% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is 5.9 times with the face value of the equity shares. The anchor investor issue price is Rs. 59 per equity share.

Issue

Opens On

Closes On

26-Jul-2024

30-Jul-2024

Money Payable On

Application

Allotment

59.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

21.36

23.01

13.06

59.00

GYR Capital Advisors Pvt Ltd

Projects
  • Prepayment or repayment of all or portion of certain outstanding borrowings availed by the company
  • Funding the working capital requirements of the company
  • General corporate purposes
Promoted By
  • SA Technologies Inc
  • Ritish Sharma
  • Poonam Sharma
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd