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Sancode Technologies Limited IPO

 

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Sancode Technologies Limited IPO
This Company was incorporated in 2016, was engaged in API based software platforms and Solutions. They enable organizations to rapidly adopt powerful technology applications their strategic business needs. Their business to develop, undertake, design, distribute, and deal in systematic and application software, digital transformation, and competitive differentiation by providing them easy. They believe their success is the result of sustained efforts of their promoters in key aspects of their business.

Company Promoters:
• Amit Vijay Jain
• Khushboo Jain
• Mihir Deepak Vora
• ZNL Startup Accelerator LLP

Objects of this Issue:
• Funding working capital requirements
• General corporate purposes
Financial Information of the Company:

 Particulars

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

349.87

313.96

330.45

Total Liabilities

43.64

83.42

109.55

Net Profit

62.95

(4.60)

(112.94)


Sancode Technologies Limited IPO Schedule
1. Bid or Offer Opens on: 31 March 2023
2. Bid or Offer Closes on: 06 April 2023
3. Finalization of BoA: 12 April 2023
4. Initiation of Refunds: 13 April 2023
5. Credit of shares to Demat account: 17 April 2023
6. Listing Date: 18 April 2023

Sancode Technologies Limited IPO Lot Size
The market lot size of the Sancode Technologies Limited IPO is 6,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3000

₹141,000

Maximum

1

  3000

₹141,000

S-HNI(Minimum)

2

  6,000

₹282,000


Company Contact Details:
107, Prime Plaza, J.V. Patel
Compound, B.M. Road, Opp.
Elphinstone Stn. Mumbai -
400013, Maharashtra, India
Phone: 022-49622853
Email: investor@sancodetech.com
Website: https://www.sancodetech.com/

Sancode Technologies Limited IPO Registrar Details:
Bigshare Services Pvt Ltd
Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves
Road, Andheri (East) Mumbai – 400 093, Maharashtra, India.
Telephone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/


 

Frequently Asked Question

If you do not get the allotment of Sancode Technologies Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Face value of Sancode Technologies Limited IPO is ₹10 per share.
Sancode Technologies Limited IPO Shares will get listed at BSE SME.
Lot size of the Sancode Technologies Limited IPO is 3000 shares.
Closing date of Sancode Technologies Limited IPO is April 06, 2023.
Sancode Technologies Limited IPO shares will get listed on April 18, 2023.
Post-issue shareholding of the Sancode Technologies Limited IPO promoter is 71.24%.
Pre-issue shareholding of the Sancode Technologies Limited IPO promoter is 97.47%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Opening date of Sancode Technologies Limited IPO is March 31, 2023.
Per share price of Sancode Technologies Limited IPO is ₹47 per share.
If allotted, you will receive Sancode Technologies Limited IPO shares in your Demat account on April 17, 2023.