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March 2, 2023 - March 6, 2023

Systango Technologies IPO FAQ

Systango Technologies IPO Date & Price

The Systango Technologies IPO opens on March 2, 2023 and closes on March 6, 2023.

Systango Technologies IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 2, 2023
  • Bid/Offer Closes On: March 6, 2023
  • Finalization of Basis of Allotment: March 10, 2023
  • Initiation of refunds: March 13, 2023
  • Credit of Equity Shares: March 14, 2023
  • Listing Date: March 15, 2023

Systango Technologies IPO price is set at ₹90 per equity share.

Systango Technologies IPO will close for subscription at 5 PM on March 6, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Systango Technologies IPO starts on March 2, 2023. The issue ends on March 6, 2023.

Systango Technologies IPO Issue Size and Subscription Status

The Systango Technologies IPO size is 3868800 Equity Shares of ₹10 aggregating up to ₹34.82 Cr.

Systango Technologies Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Systango Technologies IPO shares through the banks (using ASBA) or through the broker (using UPI).

Systango Technologies IPO Offer Size

Qualified Institutional Buyers (QIB)1,833,600 Shares
Non-Institutional Investors (NII)552,000 Shares
Retail Individual Investor (RII)1,286,400 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,672,000 Shares

Systango Technologies IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)14.10 times times
Non-Institutional Investors (NII)230.36 times times
Retail Individual Investor (RII)66.59 times times
Employee Reservations times
Other Reservations times
Total Issue Size64.99 times times

Click here to check the Systango Technologies IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Systango Technologies IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Systango Technologies IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Systango Technologies IPO Allotment and Listing

The Systango Technologies IPO allot status will be available online on March 10, 2023. Check the Systango Technologies IPO Allotment Status here.

Click here to check Systango Technologies IPO Allotment Status.

Systango Technologies IPO listing Date is March 15, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Systango Technologies IPO listing date and time is published by the exchange in a circular.

Click here to view the Systango Technologies IPO Basis of Allotment.

It is hard to say at what price Systango Technologies IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Systango Technologies IPO shares will list on March 15, 2023 at NSE SME.

Systango Technologies IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Systango Technologies IPO which could help you with questions like Systango Technologies IPO buy or not? You should also read Systango Technologies IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Systango Technologies IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Systango Technologies IPO performance. The performance reports are available 1 day after listing.