SMEClosed

Systango Technologies Limited IPO Subscription Status

📅Offer Date: 02 Mar 2023 – 06 Mar 2023

Minimum investment
₹1,44,0001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total64.99x
QIB0.00x
NII0.00x
Retail66.59x

Systango Technologies Limited IPO was subscribed 64.99x in total when bidding closed on 06 Mar 2023, with 0.00x in the QIB category, 0.00x in NII, 66.59x in retail. The issue ran from 02 Mar 2023 to 06 Mar 2023 at a price band of ₹85.00–₹90.00 per share.

QIB0.00xNII0.00xRetail66.59xTotal64.99x1×

Times subscribed by category against the 1× line.

67
≈ 1 in 67 retail allotment
low allotment chance

Based on retail subscription (66.59x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail12,86,4008,56,61,37666.59x
Total36,72,00023,86,43,28064.99x
QIB / NII18,33,60000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail11.58770.9566.59x
QIB / NII16.50—0.00x
Total28.08770.9564.99x

Values derived from share count × issue price (₹90.00)

What this means for allotment & listing

Because Systango Technologies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Systango Technologies Limited IPO subscription FAQs