IPO

Sancode Technologies Limited IPO

BSE SME

Listed On: Apr 18, 2023 at ₹ 64.0

₹ 141000 /3000 Shares

Check Allotment

Sancode Technologies Limited IPO Details

31 Mar, 2023

Open Date

06 Apr, 2023

Close Date

12 Apr, 2023

Allotment Date

18 Apr, 2023

Listing Date

Issue Price

₹47 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

64.0

Listing Date

2023-04-18

Market Lot

3000 Shares (₹141,000/-)

Lead Manager

SHRENI SHARES PRIVATE LIMITED

Issue Size

1,095,000 shares(aggregating up to ₹5.15 Cr)

Retail Portion

N/A

Subscription

3.66 times

IPO Docs

DRHP RHP

Sancode Technologies Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved519,000519,0001,038,000
Day 1 - 31-03-23 06:00 PM0.00 x0.17 x0.09 x
Day 2 - 03-04-23 06:00 PM0.54 x0.42 x0.48 x
Day 3 - 05-04-23 06:00 PM1.54 x1.27 x1.41 x
Day 4 - 06-04-23 06:00 PM3.98 x3.34 x3.66 x

Sancode Technologies Limited Valuations

Earnings Per Share (EPS)

₹29.05/-

P/E Ratio

N/A

RoNW

21.93%

Net Asset Value (NAV) - Post Issue

₹132.49/-

Sancode Technologies Limited Company Financials All values are in ₹ Lakh

30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets481.26349.87313.96330.45
Revenue180.62244.81159.7443.08
Profit After Tax89.3675.12-26.17-112.98

About The Company

Sancode Technologies Limited develops API-based software platforms and solutions.

The company provides easy-to-implement pre-built business logic and solution workflows for clients in digital transformation, workflow automation, Artificial intelligence (AI), Machine learning (ML), Robotic Process Automation (RPA), and Data Analytics, Metaverse, and Web3 applications, System Integration areas.

Sancode Technologies undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning, and AI projects including those in emerging niche segments like Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, value-added products and other business applications for corporations across the globe.

The company's customer base sits majorly in the United States of America which includes clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.

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Sancode Technologies Limited - Promoter(s)

Pre Issue Share Holding: 97.47%

Post Issue Share Holding: %

Company Promoter(s)

  1. Amit Vijay Jain
  2. Khushboo Jain
  3. Mihir Deepak Vora
  4. ZNL Startup Accelerator LLP

Sancode Technologies Limited IPO - Issue Objectives

  1. Funding working capital requirements.
  2. General corporate purposes.

Sancode Technologies Limited IPO - FAQs

Ans. Sancode Technologies Limited IPO is a SME IPO. The issue is priced at ₹47 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 31, 2023, and closes on Apr 6, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Sancode Technologies Limited IPO opens on Mar 31, 2023 and closes on Apr 6, 2023.

Ans. The size of Sancode Technologies Limited IPO is 1,095,000 shares(aggregating up to ₹5.15 Cr).

Ans. The IPO price band is set between ₹47 per equity share.

Ans. To apply for Sancode Technologies Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Sancode Technologies Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Sancode Technologies Limited IPO is Apr 12, 2023.

Ans. The Sancode Technologies Limited IPO will be listed on Apr 18, 2023.

Ans. Follow the steps to check the allotment status for Sancode Technologies Limited IPO here.