How to Check Systematic Industries IPO Allotment Status?

Systematic Industries Limited operates in the steel wire industry, manufacturing and supplying steel wires and cables for power transmission, infrastructure, telecommunications, and agro-based sectors, incorporated in March 2000. The company operates with approximately 413 employees as of July 31, 2025, maintaining four factories (three in Daman & Diu, one in Valsad, Gujarat) with combined installed capacity of 1,00,000 MTPA.

The Systematic Industries IPO came with a total issue size of ₹115.60 crore, comprising a fresh issue of 0.55 crore shares aggregating to ₹107.80 crore and offer for sale of 0.04 crore shares aggregating to ₹7.80 crore. The IPO opened on September 24, 2025, and closed on September 26, 2025. The allotment for the Systematic Industries IPO is expected to be finalized on Monday, September 29, 2025. The Systematic Industries IPO share price band was set at ₹185 to ₹195 per share.

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Steps to Check Systematic Industries IPO Allotment Status on Registrar Site

• Visit the Cameo Corporate Services Ltd. website. 
• Select "Systematic Industries" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Systematic Industries IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Systematic Industries" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Systematic Industries IPO Subscription Status

Systematic Industries IPO received good investor interest, being subscribed 6.20 times overall. The subscription showed mixed confidence across categories with strong institutional interest but moderate retail participation. Here is a category-wise breakdown of the subscription as of 5:04:42 PM on September 26, 2025:

• Non-Institutional Investors (NII): 7.94 times.
• QIB Category: 9.85 times.

Systematic Industries Share Price and Investment Details

The Systematic Industries IPO stock price band was set at ₹185 to ₹195 per share with a minimum lot size of 600 shares. The minimum investment required for individual investors was ₹2,34,000 for 2 lots (1,200 shares). The issue included up to 16,87,800 shares allocated to anchor investors raising ₹32.91 crore. Given the good subscription response of 6.20 times overall, with strong institutional interest but moderate retail participation at 3.36 times, the Systematic Industries IPO share price is expected to list with modest premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Repayment/prepayment of borrowings: ₹95.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

Systematic Industries Limited operates with established factories equipped with machines, processes, and R&D capabilities, focus on quality, environment, health and safety standards, and experienced promoter backed by quality R&D and sales & marketing teams while manufacturing steel wires and cables in highly competitive and fragmented segment.