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s a tech software india ltd

S A Tech Software India Ltd

Issue
Opens On	Closes On
26-Jul-24	30-Jul-24

Money Payable On
Application	Allotment
59.00	0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

Lead Managers to the Issue
Project Cost (₹.Cr)	21.36	GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr)	23.01
Post Issue Equity Share Capital (₹.Cr)	13.06
Issue Price (₹)	59.00

Projects

Prepayment or repayment of all or portion of certain outstanding borrowings availed by the company

Funding the working capital requirements of the company

General corporate purposes

Promoted By

SA Technologies Inc

Ritish Sharma

Poonam Sharma

Listing At

NSE - SME

Registrar to the Issue

No Data Available

Registered Office: #.D-6030 6th Flr Solitaire Bus,Hub Viman Nagar, Pune - 411014, Maharashtra, India. Phone : +91 90229 09131 Fax:
Email : cs@satincorp.com
Website :www.satincorp.com

Initial public offer of up to 39,00,000 equity shares of face value Rs. 10 each (the "Equity Shares") of S A Tech Software India Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. 59 per equity share (including securities premium of Rs. 49 per equity share) ("Issue Price"), aggregating up to Rs. 23.01 crores (the "Issue") of which up to 2,84,000 equity shares aggregating to Rs. 1.68 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of upto 36,16,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 59 per equity share aggregating upto Rs. 21.33 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.86% and 27.69% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is 5.9 times with the face value of the equity shares. The anchor investor issue price is Rs. 59 per equity share.