S A Tech Software India Limited

Company Profile
Company Name S A Tech Software India Limited
Open Date 26-07-2024
Close Date 30-07-2024
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹56 to ₹59 per share
Issue Size 39,00,000 shares
Application Amount ₹ 1,18,000
Recommendation Apply
Incorporated in 2012, S A Tech Software India Limited is an IT consulting subsidiary of the foreign corporation SA Technologies Inc, USA. and has it’s registered office in Pune, Maharashtra. The company provides application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science and analytics. SAT boasts an impressive clientele, including notable companies such as Dell-EMC, Applied Materials India Pvt Ltd., Societe Generale Global Solution Centre Pvt Ltd., Toll (India) Logistics Private Limited, ABB Global Industries & Services Pvt Ltd, Whirlpool of India Ltd., KSB LIMITED, Learning Mate Solutions Private Limited, and Roche Information Solutions India Pvt. Ltd. Among these, the top three clients contributing the most sales in March 2024 were: TrueBlue India LLP:₹920.99 lakhs; Applied Materials India Pvt Ltd.: ₹846.00 lakhs; Inspera AS: ₹754.71 lakhs. The company had 356 permanent employees as of September 30, 2023.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24 Jun-24
Revenue 4,106.11 5,639.31 7,188.22 2,388.87
EBITDA -421.47 487.45 838.32 534.60
Net Profit -548.65 108.59 368.86 248.07
RoCE -26.73% 25.94% 35.41% 20.35%
ROE -82.64% 14.06% 31.63% 17.54%
P/E 13.79 10.93 11.05 17.72

Tentative Timeline

Opening Date 26-07-2024
Closing Date 30-07-2024
Basis of Allotment 31-07-2024
Initiation of Refunds 01-08-2024
Credit of Shares to Demat 01-08-2024
Listing Date 02-08-2024

Objects of the Issue

Funding the working capital requirements of the Company.
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
General Corporate Purposes.

Contact Information

Registered Office S A Tech Software India Limited Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune - 411014
Phone +91 9022909131
Email cs@satincorp.com
Website http://www.satincorp.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.02%
Share Holding Post Issue (Promoters) 69.45%

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