Introduction
Let’s discuss about S A Tech Software India Limited IPO, so with the constant changes as the technology and financial markets continue to expand, the role of Initial Public Offerings or IPOs helps to determine the future of businesses and possible investment scenarios. IPO is one such notable event wherein S A Tech Software India is known to have attracted a lot of attention. This article focuses on the aspects of S A Tech Software India Limited IPOs and in the process, it gives an exhaustive analysis of the subject matter which is about 2000 words. Ranges from the history of the firm and the strategic position of the firm as well as the inside out information on the IPO itself and the consequences in the market we hope to provide a comprehensive discussion on this financial event.
Company Overview
About S A Tech Software India Limited IPO
SA Technologies Inc is a California holding IT Consulting and offshore center located in Santa Monica with other branch offices in USA, Canada, Singapore and India. We specialize in offering IT consulting and Development solutions with the help of Remote and onsite IT Teams. And for many years now, we have been assisting our clients in attaining operation efficiency and conformance in the cloud. Our strength is in providing first rate services, transferable skills & help your organization to attain functional optimality and assisting you in becoming an IT-enabled organization.
Tentative Details of S A Tech Software India Limited IPO
S A Tech Software India Limited IPO opens on July 26, 2024, and closes on July 30, 2024.
| IPO Open Date | Friday, July 26, 2024 |
| IPO Close Date | Tuesday, July 30, 2024 |
| Basis of Allotment | Wednesday, July 31, 2024 |
| Initiation of Refunds | Thursday, August 1, 2024 |
| Credit of Shares to Demat | Thursday, August 1, 2024 |
| Listing Date | Friday, August 2, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 30, 2024 |
Financial Details of S A Tech Software India Limited IPO
S A Tech Software India Limited’s revenue increased by 27.59% and profit after tax (PAT) rose by 266.7% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,703.23 | 3,706.06 | 3,465.95 | 3,229.19 |
| Revenue | 2,397.18 | 7,238.12 | 5,673.05 | 4,154.37 |
| Profit After Tax | 248.07 | 368.86 | 100.59 | -548.25 |
| Net Worth | 1,414.43 | 1,166.35 | 772.48 | 663.89 |
| Reserves and Surplus | 498.70 | 250.62 | 729.50 | 620.91 |
| Total Borrowing | 2,105.22 | 1,288.12 | 1,459.18 | 1,959.34 |
| Amount in ₹ Lakhs | ||||
Promoter Holding of S A Tech Software India Limited IPO
SA Technologies Inc., USA, Mr. Manoj Joshi and Mrs. Priyanka Joshi are the company’s promoters.
| Share Holding Pre-Issue | 79.27% |
| Share Holding Post Issue |
Risks and Challenges
Market Competition
The IT services sectors in terms of the business environment are competitive and there are many firms that are into the production of IT services. The land S A Tech Software India Limited has its operations at home and abroad, it is exposed to competition from domestic and foreign counterpart companies, which affects the development of its business and operational profitability. This risk has to be managed all the time through innovation, coming up with unique products, and also having strong links with the clients.
Technological Disruption
This means that S A Tech is probably experiencing rapid technological improvements, which is either a strength or weakness of the business. Adopting a new technology to provide solutions to its clients is one way through which the company ensures it is abreast with technological changes; however, technological advancement poses a threat since new technologies may sweep away all the formulated solutions. Thus, in the case of S A Tech, they need to continue investing in research initiatives so that the company and its solutions fit technological advancements.
Economic and Regulatory Environment
The internal and external environment affects the performance of S A Tech Software India Limited in such ways as the following below. Factors such as fluctuation of economic factors, shifts in government’s policies and regulations in some of the regions where the company operates can greatly affect the business. Thus, due to these uncertainties, fundamental to managing and sustaining the operations of S A Tech is the need for an efficient risk management framework together with market conditions.
Impact of the IPO
Market Perception
Analyzing the effect of IPO of S A Tech Software India Limited on company, it can be said that the company has gained well reputation among the market. Such a favorable reaction of investors and IPO oversubscription clearly points to the favorable attitude of the market to the further development of the company and its strategic actions. Also, the listing of the Company’s shares in the most active stock exchanges has also promoted the Company’s identity and acceptability within the financial markets.
Financial Strength
The issue of shares during the IPO has increased the firm’s financial muscle a significant level as it will be observed. As a result of increased working capital and access to more financing resources, it will be easier for the company to focus on the implementation of the growth plans with the support of new technologies, expansion of the markets and personnel training. The improvement of the company’s financial position also gives S A Tech a way of dealing with the adverse economic conditions and pressures from the competitors.
Shareholder Value
The S A Tech Software India Limited IPO has also opened value for both old and new shareholders of S A Tech Software India Limited. The minority shareholders who got to sell their shares post listing have enjoyed appreciation in their share value While new investor harbors the ability to be part of the company’s growth story. The key managerial implication of the study is that the company is capable of creating long-term shareholder value since it has a strategic focus and good finance performance.
Conclusion
The S A Tech Software India Limited IPO of this company that is S A Tech Software India Limited can be regarded as a landmark event in the company’s existence. Holding the strong ground in the base business, the clear and feasible vision with respect to the growth prospects and the dedication towards the emergence of novelties, make S A Tech to be ready for the captures of the facilities of the IT service sector. Besides these, S A Tech Software India Limited IPO success means improved balance sheet and fixed image of the company as the reliable partner for the clients and provider of the good yield for the shareholders. While operating in a constantly evolving market, S A Tech Software India Limited IPO endeavors to attain and deliver long-term prosperity for all the company’s stakeholders. Click here to know more about IPO.
How to apply S A Tech Software India Limited IPO?
STEPS to login in Zerodha Console
Step 1: Go-to the console page of zerodha. Then Click on log in to your account Enter this Zerodha user ID, password and PIN access your account.
Step 2: Go to the IPO Segment
Step 3: Visit the ‘Portfolio’: After login click on Portfolio tab, available at left side menu.
Step 4: IPO search Click on ‘IPO’ which is under the tab of Portfolio to view a list comprising all active IPOs.
Step 5: Click on the S A Tech Software India Limited IPO
Search the IPO: You can filter by S A Tech Software India Limited IPO and search from a list of available public offerings.
Finally, click on ‘Apply’: Upon finding S A Tech Software India Limited IPO you just need to select Apply (along with Submit after entering the input details).
Step 6: Type your Application Details
In the application form, you have to enter your UPI ID: Enter Your UPI Id Once added the UPI ID, it can link to a bank account which have enough balance for applying.
Bid Quantity: Qty Enter Number of shares Qty up to Bid Price, Integer only Click on the option ‘Cut-off’ to apply at cut-off price.
Check your field details: Review All the accurate information entered
Step 7: Apply for the position
Submission: After filling all these opportunities click on the submit button as shown below.
UPI Mandate: There you will get a UPI mandate request in your UPI app. Open the app and confirm the mandate to withhold funds for IPO application
Step 8: Trust the Process
Verify the status: After you have accepted a UPI mandate, your IPO application will be submitted successfully Processed Petition available in the IPO tab under Order Book.