Issue Price
₹47
Per Share
GMP
NIL
Grey Market
Est. Listing
₹47
Expected Price
Min. Application
₹282,000
2 lots × 3000 shares
Incorporated in 2016, Sancode Technologies Limited develops API-based software platforms and solutions.The company provides easy-to-implement pre-built business logic and solution workflows for clients in digital transformation, workflow automation, Artificial intelligence (AI), Machine learning (ML), Robotic Process Automation (RPA), and Data Analytics, Metaverse, and Web3 applications, System Integration areas.Sancode Technologies undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning, and AI projects including those in emerging niche segments like Internet and Intranet website applications, enterprise solutions software, resource planning, e-commerce, value-added products and other business applications for corporations across the globe.The company's customer base sits majorly in the United States of America which includes clients from manufacturing, FMCG, banks and financial institutions, retail, and real estate.
Sancode Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 57,000 | — | ₹0.27 Cr | — |
| TOTAL | 1,095,000 | 100.00% | ₹5.15 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹141,000 |
| Retail (Max) | 13 | 39,000 | ₹1,833,000 |
| sNII (Min) | 14 | 42,000 | ₹1,974,000 |
| bNII (Min) | 68 | 204,000 | ₹9,588,000 |
| Particulars | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 180.62 | 244.81 | 159.74 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 89.36 | 75.12 | -26.17 |
| Net Worth | 367.54 | 287.07 | 223.56 |
| Total Assets | 481.26 | 349.87 | 313.96 |
| Reserves & Surplus | 344.67 | 264.19 | 200.69 |
| Total Borrowings | 21.20 | 20.76 | 63.73 |