Systango Technologies Limited
IPO Details
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₹23(25.56%)
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Systango Technologies Limited's successfully transitioned to public market status with its listing on NSE on Mar 15, 2023. The IPO mobilized 38,68,800 Shares in cumulative capital, including 38,68,800 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹90 to ₹90, with minimum investment lots of 1600 shares. subscription activity between Mar 02, 2023 and Mar 06, 2023 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Mar 10, 2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2004, Systango Technologies Limited provides comprehensive software solutions that help companies design, implement, and manage customized digital platforms, including Web2, Web3, and mobile applications with a strong focus on data and analytics. Its wide range of services covers website and mobile app development, Web3 and DeFi solutions, blockchain implementation, cloud computing, data engineering, and digital marketing. Serving diverse industries such as hospitality, proptech, fintech, and fantasy sports, Systango has established itself as a professional technology partner offering end-to-end digital solutions that empower businesses to innovate and adapt to the evolving digital landscape.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Vinita Rathi
- Nilesh Rathi
Systango Technologies Limited
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