S A Tech Software IPO

S A Tech Software India Ltd

₹1,12,000 /2000 sharesMinimum Investment

S A Tech Software IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Jul ‘24 - 30 Jul ‘24₹1,12,0002,000₹56 - ₹59
Issue SizeIPO Doc
23.01Cr
RHP PDF

About S A Tech Software

S A Tech Software is a provider of technological and digital services. These services help clients design, develop, and deliver better products. Its services include working with artificial intelligence (AI) and machine learning (ML), developing software and mobile apps, and improving user experience design. The company also works on digital automation using robotic process automation and the Internet of Things (IoT), managing cloud services, and handling DevOps tasks. Additionally, the company ensures quality assurance and testing of projects. S A Tech Software also offers Global Capability Centre (GCC) services that help optimise offshore delivery centres for technology and business operations. This includes GCC setup and establishment, talent acquisition and management, operational excellence, technology enablement, and strategic advisory. ;
Founded in
2012
Parent organisation
S A Tech Software India Ltd

Strengths & Financials of S A Tech Software

Strengths
Risks
The company has partnered with tech giants such as Microsoft and Google through collaboration agreements for specific domains.
S A Tech Software has experienced consistent increase in its revenue from operations, increasing from Rs 41.06 crore in FY22 to Rs 56.39 crore in FY23 and further to Rs 71.88 crore in FY24.
The company’s clientele includes some Fortune 500 companies.
Leveraging the networks of its parent and group companies, S A Tech Software has a diversified presence in the USA and Canada.
It has catered to well-known names such as Dell-EMC, Applied Materials India Pvt Ltd., Societe Generale Global Solution Centre Pvt Ltd., Whirlpool Asia LLP, and Roche Information Solutions India Pvt. Ltd., among others.
The company, along with its directors, promoters, and group companies, is involved in various legal proceedings. These cases are at different stages of adjudication across forums. Any unfavourable judgments could adversely impact the company’s business operations.
The company has witnessed negative cash flows in the past. A repeat of this in future could be detrimental to the company’s operations.
As of June 30, 2024, the company has an indebtedness of Rs 21.05 crore. Any inability to service or repay these loans could be detrimental to the company’s future prospects.
The company has not entered into any long-term contracts with any of its customers. Instead, it operates on the basis of purchase orders. This could adversely impact its revenues and profitability.
Revenue from the top 10 customers accounted for 78% in FY22, 74% in FY23, 69.98% in FY24, and 84.27% for the period ending June 2024. Any slowdown in business from these clients could hurt the company’s operations.

S A Tech Software Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of S A Tech Software IPO

Apply asPrice bandApply Range
Regular56 - 59₹2 - 5 Lakh
High Networth Individual56 - 59₹2 - 5 Lakh
For S A Tech Software IPO, eligible investors can apply as Regular.