Systematic Industries Ltd

Issue
Opens On Closes On
24-Sep-25 26-Sep-25
Money Payable On
Application Allotment
195.00 0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 600

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 HEM Securities Ltd
Project Financed through Current Offer (₹.Cr) 115.60  
Post Issue Equity Share Capital (₹.Cr) 22.33
Issue Price (₹) 195.00
Projects

Repayment and/or Pre-Payment in full or part of borrowing availed by the company

General corporate purpose

Promoted By
Siddharth Rajendra Agarwal
Satya Rajendra Agrawal
Siddhant Ispat Private Limited
Listing At
BSE - SME
Registrar to the Issue
No Data Available
Initial public offer of up to 59,28,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Systematic Industries Limited ("the Company" or "the Issuer") at an offer price of Rs. 195 per equity share (Including a Share Premium of Rs. 185 per Equity Share) for cash, Aggregating up to Rs. 115.60 crores comprising of a fresh issue of up to 55,28,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 107.80 crores (the "Fresh Issue") and an offer for sale of up to 4,00,000 equity shares of face value of Rs. 10/- each by the Siddhant Ispat Private Limited (the "Selling Shareholder") aggregating to Rs. 7.8 crores ("Offer for Sale") ("Public Offer"). The offer includes a Reservation of up to 3,00,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 195 per equity share for cash, aggregating Rs. 5.85 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of up to 56,28,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 195 per equity share for cash, aggregating up to Rs. 109.75 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.55 % and 25.2 % respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 185/- to Rs. 195/- for equity share of face value of Rs. 10 each. The floor price is 18.50 times times the face value and cap price is 19.50 times of the face value of the equity shares. Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.
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