The S A Tech Software India IPO Subscription Status started on July 26, 2024, and QIB, NII, and RII subscribe to it. The S A Tech Software India IPO opened on July 26, 2024, and closes on July 30, 2024. S A Tech Software India IPO is to raise ₹23.01 crores through its Fresh Issue the S A Tech Software India IPO price band is fixed at ₹56 to ₹59 per share. You can check S A Tech Software India IPO GMP here.
S A Tech Software India Limited (“SAT”) centered in Pune and Bengaluru, is an IT consulting Subsidiary Company of foreign body corporate SA Technologies Inc, USA promoted by Mr. Manoj Joshi and Ms. Priyanka Joshi. The company is an AI-driven IT consulting company, offering scalable IT outsourcing solutions and Global Development Centers (GDCs) that enhance business agility and efficiency.
S A Tech Software India IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the S A Tech Software India IPO Subscription Status, you can see the below-day Subscription.
S A Tech Software India IPO Review :
👉 S A Tech Software India IPO Show Review ….👈
- ■ The company is an AI-driven IT consulting company having association with US based company..
- ■ The company top line & bottom line posted strong growth.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is slightly aggressive based on the PE Ratio but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
S A Tech Software India IPO Subscription Status {Live Update} :
The total S A Tech Software India IPO Subscription Status subscribed 621.25x times so far, with QIB subscribed 201.29x and NII subscribed 201.29x times & RII 621.77x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 4.28x | 9.00x | 201.29x |
| NII : | 15.23x | 87.51x | 1178.97x |
| RII : | 21.78x | 161.25x | 621.77x |
| Total : | 15.37x | 101.92x | 621.25x |
S A Tech Software India IPO Shares Offer :
| Category | Reservation | Shares | Amount (₹ Cr) |
| Anchor : | 27.74% | 1,082,000 | 6.38 |
| QIB : | 18.56% | 724,000 | 4.27 |
| NII : | 13.95% | 544,000 | 3.21 |
| RII : | 32.46% | 1,266,000 | 7.47 |
| MMRP : | 7.28% | 284,000 | 1.67 |
| Total : | 100% | 3,900,000 | 23.01 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc.
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
S A Tech Software India IPO Subscription Status FAQs :
How much was the total S A Tech Software India IPO Subscription Status?
The total S A Tech Software India IPO Subscription Status is 621.25x times Day 3.
How much is the S A Tech Software India IPO retail subscription Status?
S A Tech Software India IPO Retail Subscription 621.77x times Day 3.
How much is the S A Tech Software India IPO QIB subscription Status?
The S A Tech Software India IPO QIB subscription 201.29x times Day 3
How much did S A Tech Software India IPO NII subscribe?
S A Tech Software India IPO NII Subscription 1178.97x times Day 3
When is the S A Tech Software India IPO Allotment Date?
S A Tech Software India’s IPO allotment date is July 31, 2024.
When is S A Tech Software India’s IPO Listing Date?
S A Tech Software India’s IPO listing date is August 02, 2024. The IPO is to be listed on NSE, SME.
| S A Tech Software India IPO GMP: Click Here S A Tech Software India IPO Details: Click Here S A Tech Software India IPO Allotment: Click Here S A Tech Software India IPO Listing: Click Here |
All S A Tech Software India IPO-related links are available here. If you want to know the details click here.
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