IPO IPO-Synopsis
Sancode Technologies Ltd

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Registered Office: 107 Prime Plaza JV Patel Comp.,B M Road Opp. Elphinstone Stn. , Mumbai - 400013 , Maharashtra , India.
Phone : 91-022-49622853   Fax:
Email :  investor@sancodetech.com  
Website :  www.sancodetech.com
Initial public offering of 10,95,000 equity shares of face value of Rs10/- each ("Equity Shares") of Sancode Technologies Limited ("Sancode" or "The Company" or "The Issuer") for cash at a price of Rs47 /- per equity share (including a premium of Rs37/- per equity share) ("Issue Price") aggregating to Rs5.15 crores ("The Issue") of which 57,000 equity shares aggregating to Rs0.27 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 10,38,000 equity shares of face value of Rs10/- each at an issue price of Rs47/- per equity share aggregating to Rs4.88 crores ("Net Issue"). The issue and the net issue will constitute 26.91% and 25.51% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs10.00 each and the issue price is 4.7 times of the face value. Minimum application size of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-23 06-Apr-23 Rs47.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 4.71
Shreni Shares Pvt Ltd
Project Financed through Current Offer 5.15  
Post Issue Equity Share Capital 4.07  
Issue Price Rs47.00  
Projects
Funding working capital requirementsGeneral corporate purposes
Promoted By
Amit Vijay Jain
Khushboo Jain
Mihir Deepak Vora
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd