SANCODE TECHNOLOGIES LIMITED (BSE SME)
March 31, 2023 – April 6, 2023
| Price | ₹47 - ₹47 |
| Premium | ₹ |
|---|---|
| Lot size | 3000 |
| Allotment | Apr 13, 2023 |
| Listing | Apr 18, 2023 |
Sancode Technologies Limited
107, Prime Plaza,
J.V. Patel Compound, B.M. Road,
Opp. Elphinstone Stn. Mumbai - 400013
Phone: 022-49622853
Email: investor@sancodetech.com
Website: https://www.sancodetech.com/
| Investor Category | Subscription (times) |
|---|---|
| Non-Institutional Buyers | 3.98 |
| Retail Investors | 3.39 |
| Total | 3.68 |
Total Application : 815 (4.71 times)
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 141000 | 0 |
| HNI | 2 | 6000 | 282000 | 0 |
Sancode Technologies IPO Lot Size
The Sancode Technologies IPO lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹141,000 |
| Retail (Max) | 1 | 3000 | ₹141,000 |
| HNI (Min) | 2 | 6,000 | ₹282,000 |
| Lot Size Calculator | |||
Incorporated in 2016, 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.
Sancode Technologies IPO Details
| Total Issue Size | 1,095,000 shares (aggregating up to ₹5.15 Cr) |
| Fresh Issue | 1,095,000 shares (aggregating up to ₹5.15 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Sancode Technologies IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Market Maker portion | 57,000 shares (SHRENI SHARES PRIVATE LIMITED) |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 30-Sep-22 |
|---|---|---|---|---|
| Total Assets | 330.45 | 313.96 | 349.87 | 481.26 |
| Total Revenue | 43.08 | 159.74 | 244.81 | 180.62 |
| Profit After Tax | -112.98 | -26.17 | 75.12 | 89.36 |
| Net Worth | 220.83 | 223.56 | 287.07 | 367.54 |
| Reserves and Surplus | 197.95 | 200.69 | 264.19 | 344.67 |
| Total Borrowing | 0.22 | 63.73 | 20.76 | 21.20 |