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S A Tech Software India Limited

S A Tech Software India Limited

smelisted
Registrar: Bigshare Services Private Limited · Listing 2024-08-02
IPO Timeline
Today · 20 Oct 2026
Opens
26 Jul 2024
Closes
30 Jul 2024
Allotment
28 Jul 2024
Refund
01 Aug 2024
Demat
31 Jul 2024
Listing
02 Aug 2024
Price Band
₹56–59
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹118,000
Subscription
0x
Issue Size
₹23.01 Cr
Open
2024-07-26
Close
2024-07-30
Listing
2024-08-02

About the company

## **About S A Tech Software India Limited** Founded in 2012, S A Tech Software India Limited (SAT), based in Pune and Bengaluru, stands as a prominent IT consulting subsidiary of SA Technologies Inc., USA. Established by Mr. Manoj Joshi and Ms. Priyanka Joshi, industry veterans with over two decades of experience, SAT has built a robust reputation by catering to a global clientele for more than a decade. Specializing in digital solutions and technological services, SAT operates with a keen focus on delivering innovative products that cater to the needs of enterprises, both large and small. S A Tech Software strategic alliance with its parent company enables it to offer a comprehensive range of services that encompass the latest advancements in technology. From artificial intelligence and machine learning to software development, cloud infrastructure, and IoT solutions, SAT leverages its deep IT expertise to drive digital transformation for its clients this includes developing cutting-edge applications, enhancing user interfaces, and implementing advanced analytics to optimize business processes. S A Tech Software service offerings are underpinned by a commitment to excellence in quality assurance and testing. SAT ensures that every software solution meets stringent standards of reliability, functionality, and performance across various platforms and devices. This meticulous approach is complemented by robust global delivery capabilities, which enable SAT to seamlessly integrate diverse teams across different geographies, thereby delivering agile and effective solutions to complex technological challenges. In line with the rapidly evolving tech landscape, SAT places a strong emphasis on digital transformation and automation. Through services like robotic process automation (RPA) and DevOps, SAT empowers organizations to automate processes, enhance operational efficiency, and accelerate software delivery cycles. This comprehensive approach not only drives operational agility but also positions SAT as a trusted partner in driving business growth through technology. SAT's Global Capability Centre (GCC) plays a pivotal role in optimizing offshore delivery centers, ensuring scalability, efficiency, and compliance with global standards. By providing end-to-end services from GCC setup to talent acquisition and management, SAT supports its clients in achieving operational excellence and strategic alignment with business objectives. Backed by a robust global presence and strategic partnerships with tech giants like Microsoft and Google, SAT continues to innovate and lead in the competitive IT consulting landscape. With a relentless focus on delivering value-added services and leveraging emerging technologies, SAT remains committed to supporting its clients' digital journeys and fostering long-term partnerships built on trust and innovation. S A Tech Software India Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Prepayment of entire or a portion of certain outstanding borrowings availed by the company. 1. Funding the working capital requirements of the company. 1. General corporate purposes

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 02 Aug 2024
      Listed 809 days ago
      1. IPO Opens

        Completed
        26 Jul 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        30 Jul 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        28 Jul 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        01 Aug 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        31 Jul 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        02 Aug 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹59
      Min Investment (1 lot)
      ₹118,000
      Price Band
      ₹56–59
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹118,000
      Max amount
      ₹118,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹236,000
      Max amount
      ₹236,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹11.51 Cr
      Shares offered
      2,000,870
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.45 Cr
      Shares offered
      600,261
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹8.05 Cr
      Shares offered
      1,400,609
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).