Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Sealmatic India IPO vs Systango Technologies IPO

Comparison between Sealmatic India IPO and Systango Technologies IPO.

IPO Details

Sealmatic India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

 Sealmatic India IPOSystango Technologies IPO
LogoSealmatic India IPO LogoSystango Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersISK Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sealmatic India IPO is up to ₹53.41 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of Sealmatic India IPO is ₹225.00 per share and of Systango Technologies IPO is ₹90.00 per share.

 Sealmatic India IPOSystango Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹220.00 per share₹85.00 per share
Issue Price (Upper)₹225.00 per share₹90.00 per share
Issue Price (Final)₹225.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1600 shares
Fresh Issue Size17,24,000 shares36,72,000 shares
Fresh Issue Size (Amount)up to ₹38.79 Crup to ₹33.05 Cr
OFS Issue Size6,49,600 shares0 shares
OFS Issue Size (Amount)up to ₹14.62 Crup to ₹0.00 Cr
Issue Size Total23,73,600 shares36,72,000 shares
Issue Size Total (Amount)up to ₹53.41 Crup to ₹33.05 Cr

IPO Timetable

Sealmatic India IPO opens on Feb 17, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of Sealmatic India IPO and Systango Technologies IPO is Feb 21, 2023, and Mar 06, 2023, respectively.

 Sealmatic India IPOSystango Technologies IPO
Anchor Bid DateFeb 16, 2023Mar 01, 2023
Issue OpenFeb 17, 2023Mar 02, 2023
Issue CloseFeb 21, 2023Mar 06, 2023
Basis Of Allotment (Tentative)Feb 24, 2023Mar 10, 2023
Initiation of Refunds (Tentative)Feb 27, 2023Mar 13, 2023
Credit of Share (Tentative)Feb 28, 2023Mar 14, 2023
Listing date (Tentative)Mar 01, 2023Mar 15, 2023
Anchor Lockin End date 1Mar 26, 2023Apr 09, 2023
Anchor Lockin End date 2May 25, 2023Jun 08, 2023

Financials & KPIs

Sealmatic India IPO P/E ratio is 18.75, as compared to Systango Technologies IPO P/E ratio of 15.13.

 Sealmatic India IPOSystango Technologies IPO
Financials
Sealmatic India Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,325.063,358.88494.141,524.671,504.67278.30
31-Mar-212,975.943,548.18649.762,174.432,154.43272.62
31-Mar-223,947.364,276.80841.463,015.892,995.8993.56
30-Sep-225,108.522,582.12543.453,550.152,830.15224.39
Amount in ₹ Lakhs
Systango Technologies Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20744.321,455.31251.88476.81421.81
31-Mar-211,537.572,388.09568.261,045.50775.50
31-Mar-222,288.973,392.10676.991,722.491,452.49
30-Sep-222,732.412,301.30572.302,296.982,026.98
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0097.73
Promoter Shareholding (Post-Issue)72.3871.96
P/E Ratio18.7515.13
Market Cap₹203.63 Cr.₹132.02 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Sealmatic India IPO Retail Individual Investors (RII) are offered 9,97,200 shares while in Systango Technologies IPO retail investors are offered 9,97,200 shares. Qualified Institutional Buyers (QIB) are offered 3,79,800 shares in Sealmatic India IPO and 7,34,400 shares in Systango Technologies IPO.

 Sealmatic India IPOSystango Technologies IPO
Anchor Investor Reserveration5,69,400 shares10,99,200 shares
Market Maker Reserveration1,26,000 shares1,96,800 shares
QIB3,79,800 shares7,34,400 shares
NII4,27,200 shares5,52,000 shares
RII9,97,200 shares12,86,400 shares
Employee
Others
Total23,73,600 shares36,72,000 shares

Bids Received (Subscription)

Sealmatic India IPO subscribed 16.61x in total, whereas Systango Technologies IPO subscribed 64.99x.

 Sealmatic India IPOSystango Technologies IPO
QIB (times)8.71x14.10x
NII (times)30.22x230.36x
Big NII (times)
Small NII (times)
RII (times)12.06x66.59x
Employee (times)
Other (times)
Total (times)16.61x64.99x