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Open
31 Mar to 6 Apr, 2023
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Close
31 Mar to 6 Apr, 2023
3
Allotment
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Listing
Tue, Apr 18, 2023
Price Band
₹47 per share
Issue Size
10,95,000 shares (agg. up to ₹5 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Apr 18, 2023
Latest GMP
₹4
Est. Gain
8.51%
✦ AI Insight
GMP Trend
18-04-2023₹4Est. ₹51+8.51%
17-04-2023₹4Est. ₹51+8.51%
16-04-2023₹6Est. ₹53+12.77%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.53x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 4.81 | 3.50 | 3.14 | 3.30 |
| Total Income | 1.81 | 2.45 | 1.60 | 0.43 |
| Profit After Tax | 0.89 | 0.75 | -0.26 | -1.13 |
| NET Worth | 3.68 | 2.87 | 2.24 | 2.21 |
| Reserves and Surplus | 3.45 | 2.64 | 2.01 | 1.98 |
| Total Borrowing | 0.21 | 0.21 | 0.64 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹48.30 (+0.00%) |
| Globesecure Technologies Ltd. | SME | ₹10.13 Cr | ₹29 | 17.9 | ₹37.10 | +27.93% | ₹17.00 (+4.94%) |
| eMudhra Ltd. | Mainboard | ₹412.79 Cr | ₹256 | 49.42 | ₹257.90 | +0.74% | ₹448.10 (-0.63%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements; | 3.73 |
| 2 | General corporate purposes | 0.98 |
About Sancode Technologies IPO
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.+ Read More
Contact Details
Sancode Technologies Ltd. Address107, Prime PlazaJ.V.Patel Compound, B.M.RoadOpp.Elphinstone Stn.Mumbai, Maharashtra, 400013022-49622853investor@sancodetech.comVisit Website