S A Tech Software India IPO Subscription Status: S A Tech Software India IPO is Open on 26 July, 2024 and Close on 30 July, 2024. S A Tech Software India IPO to Raise 3,900,000 shares (Approx ₹23.01 Cr) via IPO. The Fresh Issue of 3,900,000 shares (Approx ₹23.01 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
S A Tech Software India IPO is an SME IPO and Listed on NSE SME. S A Tech Software India IPO Price Band is Fixed at ₹59 Equity Share. S A Tech Software India IPO Lot Size is 2000 Shares.
About S A Tech Software India IPO :
- S A Tech Software India service to a diverse portfolio of clients ranging from small to Enterprise ones, offering products and digital solutions. With the benefit of global presence, we bring together diverse teams from different parts of the world with multiple skills to collaborate in real time and solve complex technological problems for our clients.
- In a world that is becoming increasingly complex, with shortening product innovation timelines and rapid technological change, we believe that our globally distributed onshore-offshore service delivery capability helps us to suitably address our clients’ requirements.
- Our primary business line is Services (“Services”) which includes providing outsourced Technological services and digital transformation services to some Fortune 500 clients helping them conceive, design, develop and deliver better product. Our Company has partnership with some Giant Tech Partners (such as Microsoft and Google) thereby cementing its reputation and showcasing its experience and dedication in the tech industry.
S A Tech Software India IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
7,24,000
14,57,34,000
201.30
Non Institutional Buyers (NIIs)
5,44,000
64,13,62,000
1178.99
Retail Individual Buyers (RIIs)
12,66,000
78,71,60,000
621.77
Anchor Investor
10,82,000
10,82,000
1
Total
25,34,000
1,57,42,56,000
621.28
S A Tech Software India Subscription Status day-by-day-
Categories
26 July
29 July
30 July
QIB
4.28
9.00
201.30
NII
15.25
87.43
1178.99
RII
21.78
161.00
621.77
Total
15.40
101.00
621.28
S A Tech Software India Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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