SA Tech Software IPO

SA Tech Software India Limited IPO: Fresh issue of 39,00,000 shares worth INR 23.01 crores to prepay borrowings, fund working capital, and cover corporate needs.

Important Details

Open Date : July 26, 2024 Close Date : July 30, 2024 Allotment Date: July 31, 2024 Listing Date: August 2, 2024

Important Details

IPO Price: INR 56-59 per share Lot Size: 2000 Shares Total Issue Size: INR 23.01 crores

Fundamental Analysis

SA Tech Software IPO analysis shows mixed performance: 1. Revenue: Growth observed,Equity: Increased. 2. Profitability: Improved & Debt: Reduced. 3. EPS: Higher & RoNW: Up. 4. Investor Confidence: Enhanced.

Peer Comparison

1. Profitability: Strong compared to peers. 2. Share Values: Competitive in the market. 3. Market Cap: Varied performance metrics; indicates differing financial health and growth.

Objective

SA Tech Software IPO Main Objective: Prepay or repay outstanding borrowings and fund working capital requirements.

Risks And Challenges

SA Tech Software IPO  risks: 1. Leased branch office issues. 2. Penalties for past non-filing of statutory forms. 3. Ongoing litigation. 4. Potential impact on operations, stability, and reputation.