S A Tech Software India SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the S A Tech Software India IPO. Explore S A Tech Software India IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
S A Tech Software India Limited (SAT), based in Pune and Bengaluru, is an AI-driven IT consulting subsidiary of SA Technologies Inc., USA. Founded by Mr. Manoj Joshi and Ms. Priyanka Joshi, SAT leverages over two decades of experience in Information Technology to offer scalable IT outsourcing solutions and Global Development Centers (GDCs). The company's services span from individual support to large-scale enterprise transformations, providing flexibility to scale from 1 to 1000 professionals as needed. SAT's GDCs drive innovation, ensure stringent quality assurance, and operate 24/7. With a strong global presence, SAT delivers value-added services supporting digital transformation initiatives including application development, mobile apps development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, and data science and analytics.
Key Points:
- AI-Driven Solutions:
- Specializes in AI-driven IT consulting and scalable outsourcing solutions.
- Services include generative AI, machine learning, and data science.
- Global Development Centers (GDCs):
- Drives innovation and R&D.
- Ensures cost-efficient solutions, stringent quality assurance, and 24/7 operations.
- Diverse Service Offerings:
- Application and mobile app development, cloud infrastructure, software quality assurance, IoT solutions, and data science.
- Partnered with tech giants like Microsoft and Google.
- CMMI Certification:
- Certified by Capability Maturity Model Integration (CMMI) for Services at Maturity Level 5.
- Reflects commitment to excellence and continuous improvement.
- Robotic Process Automation (RPA) and IoT:
- Provides RPA for automating repetitive tasks.
- Utilizes IoT for smart and efficient decision-making.
Objects of the Issue
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- Funding the working capital requirements of the company
- General corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 26 Jul - 30 Jul 2024 |
| IPO Price Band | ₹ 56 - 59 per share |
| Fresh Issue | 39,00,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 23.01 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 26 Jul 2024 |
| IPO Closing Date | 30 Jul 2024 |
| Basis Of Allotment | 31 Jul 2024 |
| Refunds | 01 Aug 2024 |
| Demat Transfer | 01 Aug 2024 |
| IPO Listing Date | 02 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| Total Income | 41.54 | 56.73 | 72.38 | 23.97 |
| Total Expenses | 48.45 | 54.99 | 67.13 | 20.64 |
| Net Profit/Loss | -5.48 | 1.09 | 3.69 | 2.48 |
| NPM (*) | -13.35 | 1.93 | 5.13 | 10.38 |
| Total Assets | 32.29 | 34.66 | 37.06 | 47.03 |
| Total Liabilities | 25.65 | 26.93 | 25.40 | 32.89 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| EPS | -6.07 | 1.20 | 4.06 | 2.71 |
| ROE (%) | -58.45 | 15.12 | 38.05 | 19.22 |
| ROCE (%) | -17.35 | 19.66 | 32.24 | 10.95 |
| D/E Ratio | 2.95 | 1.89 | 1.10 | 1.49 |
| Current Ratio | 3.82 | 1.96 | 2.30 | 3.25 |
| EBITDA MARGIN (%) | -9.72 | 9.22 | 12.18 | 17.33 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| S A Tech Software India Limited | 71.88 | 14.53 | 4.06 | 31.63 | 12.74 |
| ASM Technologies Limited | 149.64 | 55.14 | 15.06 | 13.31 | 67.05 |
| Moschip Technologies Ltd | 175.66 | 165.18 | 0.30 | 5.46 | 6.8 |
| Infobeans Technologies Ltd | 248.35 | 30.34 | 15.09 | 13.24 | 111.98 |
| Onward Technologies Ltd | 324.62 | 55.77 | 7.16 | 6.60 | 77.94 |
| 3i Infotech Ltd | 391.20 | 343.13 | 3.05 | 0.21 | 38.16 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 201.29 |
| Non-Institutional Investor (NII/HNI) | 1178.97 |
| Retail Individual Investor (RII) | 621.77 |
| Total | 621.25 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- SA TECHNOLOGIES INC., USA
- MR MANOJ JOSHI
- MRS PRIYANKA JOSHI
- M/S MINDPOOL TECHNOLOGIES LIMITED
- MR. RITESH SHARMA
- MRS. POONAM SHARMA
Lead Managers
- GYR Capital Advisors Private Limited
Company Address
S A Tech Software India Limited
Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune 411014, Maharashtra, India
Phone: +91 9022909131
Email: cs@satincorp.com
Website: www.satincorp.com
FAQs
- What is the issue size of the S A Tech Software India SME IPO?The S A Tech Software India SME IPO has an issue size of Approx ₹ 23.01 crore. This includes a fresh issue of 39,00,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the S A Tech Software India IPO?The price band for the S A Tech Software India IPO is ₹ 56 - 59 per share.
- What are the bidding dates for the S A Tech Software India IPO?The S A Tech Software India IPO will open for bidding on 26 Jul 2024 and close on 30 Jul 2024.
- What is the allotment date for the S A Tech Software India IPO?The allotment date for the S A Tech Software India IPO is 31 Jul 2024.
- What is the listing date for the S A Tech Software India IPO?The listing date for the S A Tech Software India IPO is 02 Aug 2024.
- What is the S A Tech Software India IPO grey market premium?The grey market premium (GMP) for the S A Tech Software India IPO is currently at ₹80, with an expected listing gain of approximately 135.59%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.