S A Tech Software India Limited IPO GMP

At SA Technologies Center of Excellence, they offer scalable IT outsourcing solutions and Global Development Centers (GDCs) that enhance business agility and efficiency. Their services range from individual support to large-scale enterprise transformations, providing the flexibility to scale from 1 to 1000 professionals as needed.

SA Technology, a Book Built Issue amounting to ₹23.01 crores, consisting entirely a Fresh Issue of 39 lakh Shares. The subscription period for the SA Tech IPO opens on July 26, 2024, and closes on July 30, 2024. The allotment is expected to be finalized on or about Wednesday, July 31, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, August 2, 2024.

The Share price band of SA Tech IPO is set at ₹56 to ₹59 equity per share, with a minimum lot size of 2,000 shares. Retail investors are required to invest a minimum of ₹118,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹236,000.

GYR Capital Advisors Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar for the Issue. Giriraj Stock Broking Private Limited will act as the Market Maker for the SA Tech IPO.

S A Tech Software India Limited IPO GMP Today
The Grey Market Premium of S A Tech Software India Limited IPO is expected in the range of ₹50 to ₹53 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

S A Tech Software India Limited IPO Live Subscription Status Today
As of 07:47 PM on 26 July 2024, the S A Tech Software India Limited IPO live subscription status shows that the IPO subscribed 13.45 times on day 1 . Check the S A Tech Software India Limited IPO Live Subscription Status Today at NSE.

S A Tech Software India Limited IPO Allotment Status
S A Tech IPO allotment date is 31st July, 2024, Wednesday. S A Tech IPO Allotment will be out on 31st July 2024 and will be live on Registrar Website from the allotment date. Check S A Tech Software India Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select S A Tech Software India Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of S A Tech Software India Limited IPO
S A Tech Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹917.73 Lakhs is required for Prepayment or repayment of all or a portion of certain outstanding borrowings availed by their company; 
2. ₹1,080.00 Lakhs is required for Funding the working capital of their company; and 
3. General Corporate Purposes

Refer to S A Tech Software India Limited RHP for more details about the Company.