IPO Issue Details
Issue Price / Price Band₹195 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size59,28,000 shares (aggregating up to ₹115.60 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 24 Sep 2025
Subscription CloseFri, 26 Sep 2025
Anchor AllotmentTue, 23 Sep 2025
Basis of AllotmentMon, 29 Sep 2025
Initiation of RefundsTue, 30 Sep 2025
Credit of Shares to DematTue, 30 Sep 2025
Listing DateWed, 01 Oct 2025
UPI Mandate Deadline2025-09-26
Application & Investment Details
Retail — Min (2 Lots)2,34,000 — 1200 shares
Retail — Max (13 Lots)₹1,521,000 (13 Lots)
HNI — Min (3 Lots)3,51,000 — 1800 shares
EPS (Pre-IPO)₹10.99
EPS (Post-IPO)₹8.27
P/E Ratio (Pre-IPO)17.75x
P/E Ratio (Post-IPO)23.59x
Net Offer to Public56,28,000 shares (aggregating up to ₹109.75 Cr)
Reserved for Market Maker3,00,000 shares (aggregating up to ₹5.85 Cr)
Pre-IPO Promoter Holding1,68,03,242 shares
Post-IPO Promoter Holding2,23,31,242 shares
Fresh Issue Shares52,28,000 shares (aggregating up to ₹101.95 Cr)
Offer for Sale Shares4,00,000 shares of ₹10 (aggregating up to ₹7.80 Cr)
About Systematic Industries Ltd
Incorporated in March 2000, 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.The company is certified by ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.The company offers a portfolio of Steel wires, including Carbon steel wire (MS Wire), High carbon wire (HC Wire), Mild Steel Wire, Galvanized Iron Wire, Cable Armour Wire, Aluminium conductor steel-reinforced cable (ACSR Core wire), and Aluminium Clad Steel (ACS) Wire, along with Optical Ground Wires (OPGW) and Optical Fibre Cable (OFC).These products have electrical and mechanical properties for power generation, data transmission, and distribution, ensuring efficiency and reliability across various industries.The company has four factories, of which three are situated in Daman & Diu and one is situated in Valsad, Gujarat.The company sells its products in approximately 25 states and Union Territories in India and also exports its products to more than 30 countries, such as Sri Lanka, Japan, Bhutan, Canada, and Brazil.As of December 31, 2024, the company's factories had a workforce of approximately 197 employees, of which 08 were in the Quality Department and 10 were in the Research and Development Department.Competitive Strength:Established factories with equipped machines, processes, and research and development.Focus on Quality, Environment, Health and Safety.Experienced Promoter backed by quality, R & D and sales & marketing team.
Objects of the Issue
Systematic Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
95
2
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,68,03,242 shares
Post-IPO Promoter Holding
2,23,31,242 shares