Price band
₹ 56 to 59 per equity share
Opens On: 26 July 2024
Closes On: 30 July 2024
₹ 56 to 59 per equity share
2000 shares and in multiples thereof
| Issue size | 23.01 |
| Price band | ₹ 56 to 59 per equity share |
| Bid lot | 2000 shares and in multiples thereof |
| Issue break-up | QIB - Rs. 4.27 Cr |
| HNI - Rs. 3.21 Cr | |
| RET - Rs. 7.47 Cr | |
| Registrar | Bigshare Services Pvt. Ltd. |
| Listing at | NSE |
S A Tech Software India Limited (“SAT”) centered in Pune and Bengaluru, is an IT consulting Subsidiary Company of foreign body corporate SA Technologies Inc, USA.
Their primary business line is Services (“Services”) which includes providing outsourced Technological services and digital transformation services to some Fortune 500 clients helping them conceive, design, develop and deliver better products. Their Company has partnership with some Giant Tech Partners (such as Microsoft and Google ) thereby cementing its reputation and showcasing its experience and dedication in the tech industry. They are an AI-driven IT consulting company, offering scalable IT outsourcing solutions and Global Development Centers (GDCs) that enhance business agility and efficiency. Their services range from individual support to largescale enterprise transformations, providing the flexibility to scale from 1 to 1000 professionals as needed. Their GDCs drive innovation and R&D, deliver cost-efficient solutions, ensure stringent quality assurance, and provide 24/7 operations.
They service to a diverse portfolio of clients ranging from small to Enterprise ones, offering products and digital solutions. With the benefit of global presence, they bring together diverse teams from different parts of the world with multiple skills to collaborate in real time and solve complex technological problems for their clients.They have a diversified global presence across USA and Canada because of their Parent and Group Companies. They have had long lasting relationships with some of their clients who have shown deeper trust in their services. Due to the long- standing relationships with some of their enterprise clients, they have been able to garner the trust of other clients and has provided a balanced mix of stability and growth with revenue stability and further growth opportunities. They leverage their deep Information Technology knowledge to deliver value-added services to their clients in support of their digital transformation initiatives including Application development, mobile apps development, Cloud infrastructure, Software Quality assurance, generative AI, machine learning, IoT solutions, data science and analytics.
They are a CMMI (Capability Maturity Model Integration) certified company. It is a significant milestone for their company, reflecting their commitment to excellence and continuothem improvement. Capability Maturity Model Integration for Services (CMMI Services) Maturity Level 5 certification underscores the pinnacle of process improvement and service excellence in the IT sector, solidifying their global presence. Their Company has experience of catering to global as well as domestic customers since more than a decade. Their company has entered into a Service Partnership with their holding Company to cater to the needs of foreign clients.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.
Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.
In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).
Yes. IPO & Bonds will reflect in the portfolio.
In case the allotment is not done then bank will unblock the application money from the bank accounts upon receiving instructions from the Registrar.
Bidding time will be till 1200 hrs on the closing day of the issue.
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Yes, you will receive a sms once the IPO form is processed.
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This report provides the debit/credit entry of all the transfers done in the IPO and MF account
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