02 Mar 2023
06 Mar 2023
15 Mar 2023
₹85 to ₹90 per share
Systango Technologies is primarily engaged in the business of providing software solutions that enables companies to design, implement and manage their own customized digital platforms including Web2, Web3 and mobile applications with strong emphasis on data and analytics.
The Systango Technologies IPO entails of fresh issue of 3,868,800 equity shares aggregating the issue size to Rs. 34.82 cr.
The net proceeds from the issue will be used for: • Strategic Investment and Acquisitions • Investment in Subsidiaries • To Meet Working Capital Requirements • General Corporate Purposes • Issue Expenses
The Systango Technologies IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 share or Rs. 144,000).
The allotment date of Systango Technologies IPO is set for 10th March.
Systango Technologies IPO is promoted by Vinita Rathi and Nilesh Rathi.
Hem Securities Limited is the book running lead managers for Systango Technologies IPO.