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Systematic Industries IPO

Systematic Industries IPO

smelisted
Registrar: CAMEO CORPORATE SERVICES LIMITED · Listing 2025-10-01
IPO Timeline
Today · 20 Oct 2026
Opens
24 Sept 2025
Closes
26 Sept 2025
Allotment
29 Sept 2025
Refund
30 Sept 2025
Demat
30 Sept 2025
Listing
01 Oct 2025
Price Band
₹185–195
GMP
₹0
0%
Lot Size
600 Shares
Min ₹117,000
Subscription
0x
Issue Size
₹115 Cr
Open
2025-09-24
Close
2025-09-26
Listing
2025-10-01

About the company

Systematic Industries is engaged in the business of manufacturing and supplying various steel wires and cables, catering to the needs of power transmission, infrastructure, telecommunications, agro-based and allied industries. In FY25, the company had an installed capacity and utilisation of 1,00,000 MT and 71.42% for producing various steel wires such as galvanised wire, wires for power industries, high and low carbon steel wires, etc. The company sales its products in 25 states & union territories in India, and also exports to more than 30 countries such as Sri Lanka, Japan, Bhutan, Canada, and Brazil. The Power and Transmission industry led FY25 revenue contribution with 68.47%, followed by Infrastructures contributing 24.34%. Domestic sales constituted 92.85% of revenue, led by Gujarat (25.83%) and Maharashtra (25.19%). Export sales formed 7.15% of the FY25 revenue.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 01 Oct 2025
      Listed 384 days ago
      1. IPO Opens

        Completed
        24 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        26 Sept 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        29 Sept 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        30 Sept 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        30 Sept 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        01 Oct 2025

        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
      600 shares
      Price / Share (upper)
      ₹195
      Min Investment (1 lot)
      ₹117,000
      Price Band
      ₹185–195
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      600
      Min amount
      ₹117,000
      Max amount
      ₹117,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      1200
      Min amount
      ₹234,000
      Max amount
      ₹234,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹57.5 Cr
      Shares offered
      3,026,316
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹17.25 Cr
      Shares offered
      907,895
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹40.25 Cr
      Shares offered
      2,118,421
      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).