Sancode Technologies Limited IPO Details – Sancode Technologies limited IPO price is fixed. The opening date of Sancode Technologies Limited IPO is 31 Mar 2023 and the closing date is 06 April 2023.
The company is going to raise ₹5.15Cr through IPO and the issue type is Fixed Price Issue type.
The Face Value of Sancode Technologies IPO is Rs 10/share.
The reservation sequence is QIB & NII= 50% and RII= 50%.
Table of Content
About Sancode Technologies Limited
- Established in 2016.
- Sancode Technologies Limited specializes in developing API-based software platforms and solutions.
- The company offers pre-built business logic and solution workflows that are easy to implement for clients.
- Sancode Technologies provides services in various areas such as digital transformation, workflow automation, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), and Data Analytics.
- The company also offers services in emerging niche segments such as Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, and value-added products.
- Sancode Technologies undertakes offshore software development projects, digital transformation, cloud migration, advanced analytics, RPA, machine learning, and AI projects.
- The company caters to clients across the globe, with a major customer base in the United States of America.
- The company’s clients come from various industries such as manufacturing, FMCG, banks and financial institutions, retail, and real estate.
Sancode Technologies Limited IPO Review
For Long Term:- Financials are good, you can think about this.
For Listing Gain:- Check GMP before applying
Sancode Technologies IPO GMP Today
Sancode Technologies IPO GMP is 4.
| Date | GMP (%Gain/loss) | Subject Rate |
|---|---|---|
| 17 Apr 2023 | ₹4 (8.51%) | – |
| 16 Apr 2023 | ₹6 (12.77%) | – |
| 15 Apr 2023 | ₹6 (12.77%) | – |
| 14 Apr 2023 | ₹6 (12.77%) | – |
| 13 Apr 2023 | ₹6 (12.77%) | – |
Also Read: Income Tax in Stock Market 2022
Sancode Technologies Limited IPO Financial Report ₹(in cr)
| Year | Assets | PAT | Revenue |
|---|---|---|---|
| Mar-20 | 3.30 | -1.12 | 0.43 |
| Mar-21 | 3.13 | -0.26 | 1.59 |
| Mar-22 | 3.49 | 0.75 | 2.44 |
| Sep-22 | 4.81 | 0.89 | 1.80 |
Sancode Technologies Limited IPO Date & Details
It is a Fixed Price Issue type IPO with an IPO Size of ₹5.15cr and it will list on BSE as well as on SME.
| IPO Open Date | 31 Mar 2023 |
| IPO Close Date | 6 Apr 2023 |
| Lot Size | 3000 Shares |
| Issue Size | ₹5.15 cr ( 1,095,000 Shares) |
| Issue Type | Fixed Price |
| Fresh Issue | ₹5.15 cr ( 1,095,000 Shares) |
| Offer For sale | ₹ Cr ( Shares) |
| Face Value | ₹10/Equity Share |
| Price Band | ₹47 /Share |
| List On | BSE & SME |
| DRHP | Click Here |
| GMP | Click Here |
Objective
The main objective of Sancode Technologies Limited is to raise funds are:
- Working Capital Requirements
- General Corporate Purposes
Sancode Technologies Limited IPO Market Lot Size
Minimum and Maximum Lot Size For Retail Investors are:
| Minimum Lot Size | 1 Lot, 3000 Shares |
| Minimum Amount | ₹141,000 |
| Maximum Lot Size | 1 Lot, 3000 Shares |
| Maximum Amount | ₹141,000 |
Click Here to Check the Upcoming IPO of 2022
Sancode Technologies Limited IPO Time Table
| IPO Open Date | 31 Mar 2023 |
| IPO Close Date | 06 Apr 2023 |
| Allotment Date | 12 Apr 2023 |
| Refund Date | 13 Apr 2023 |
| Credit To Demat Account | 17 Apr 2023 |
| Listing Date | 18 Apr 2023 |
Sancode Technologies Limited Company Promoters
- Amit Vijay Jain
- Khushboo Jain
- Mihir Deepak Vora
- ZNL Startup Accelerator LLP
Sancode Technologies Limited Peer’s
No listed Companies
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Address
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/
Sancode Technologies Limited FAQ
What is Sancode Technologies IPO Price?
The Price of Sancode Technologies IPO cutoff price is ₹47 per share.
What is Sancode Technologies IPO Date?
The Sancode Technologies IPO opens on 31 Mar 2023 and closes on 6 Apr 2023.
What is Sancode Technologies IPO issue size?
The IPO Size of Sancode Technologies IPO is ₹ 5.15cr and issuing 1,095,000 Eq Shares.
What is Sancode Technologies IPO allotment Date?
The Allotment date of Sancode Technologies IPO is 12 Apr 2023.
What is Sancode Technologies Limited’s Listing Date?
The listing date of Sancode Technologies IPO is 18 Apr 2023 and the IPO will list on SME and BSE.
How to Apply for Sancode Technologies IPO through Zerodha?
1. Log in to the Zerodha Kite application on your mobile.
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Sancode Technologies ”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply for Sancode Technologies IPO through Upstox App?
1. Log in to the Upstox application on your mobile.
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Sancode Technologies”. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply for Sancode Technologies IPO through Groww App?
1. Log in to the Groww application on your mobile.
2. Now you can see IPOs and Click on IPO.
3. You will see the IPO Name “Sancode Technologies”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.
How to Apply for Sancode Technologies IPO through Paytm Money App?
1. Log in to the Paytm Money application on your mobile.
2. Now you can see Invest in IPOs Section and Click on IPO.
3. You will see the IPO Name “Sancode Technologies”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.