Systematic Industries IPO Allotment Status: Steps To Verify Status
The bidding window for the Systematic Industries SME IPO was open from September 24, 2025, to September 26, 2025. The basis of allotment will be finalised today, September 29, 2025. Here’s how you can check the IPO allotment status on the BSE and registrar’s website.
Procedure to Check Systematic Industries IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Systematic Industries Limited”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Systematic Industries IPO Allotment Status on Cameo Corporate Services Limited (Registrar to the issue)
- Visit the IPO allotment verification status page here
- Click on any of the links
- Under, Please select company, select “Systematic Industries Limited”
- Enter any of the following details:
- PAN
- App. No.
- DP/Client ID
- Enter the Captcha and click “Submit”
IPO Details
Systematic Industries' IPO is a book-building issue of ₹115.60 crores, comprising a fresh issue of ₹107.80 crores and an offer for sale (OFS) of ₹7.80 crores. The price band is set between ₹185 and ₹195 per share. The tentative listing on the BSE SME is scheduled for October 1, 2025.
Hem Securities Ltd is the book-running lead manager, and Cameo Corporate Services Limited is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used to fund capital expenditure towards:
- Repay/prepay outstanding borrowings
- General corporate purposes
Systematic Industries IPO – Overall Subscription Status
(September 26, 2025, 7:00 P.M.)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
9.85 |
|
Non-Institutional Investors |
7.94 |
|
Individual Investors (IND category bidding for 2 Lots) |
3.36 |
|
Total |
6.20 |
Systematic Industries Business Overview
Systematic Industries manufactures and supplies steel wires and cables for sectors including power transmission, infrastructure, telecommunications, agriculture, and allied industries. Their product lineup includes Carbon Steel Wires (MS Wire), High Carbon Wires (HC Wire), Mild Steel (MS) Wires, Galvanised Iron (GI) Wires, Cable Armour Wires, Aluminium Conductor Steel-Reinforced (ACSR) Cores, and Aluminium Clad Steel (ACS) Wires, along with Optical Ground Wires (OPGW) and Optical Fibre Cables (OFC).
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