IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,813,400 (47%) | — | ₹5,486 Cr |
| NII (HNI) | — | 844,200 (14%) | — | ₹1,646 Cr |
| Retail | — | 1,970,400 (33%) | — | ₹3,842 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹59 Cr |
| Σ Total | — | 5,928,000 (100%) | — | ₹115,596 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹117,000 |
| Retail (Max) | 13 | 7,800 | ₹1,521,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,638,000 |
| B-HNI (Min) | 67 | 40,200 | ₹7,839,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 291 | 373 | 322 |
| EBITDA | 34 | 24 | 13 |
| Profit After Tax | 14 | 12 | 6 |
| Net Worth | 76 | 62 | 50 |
| Total Assets | 206 | 162 | 130 |
| Reserves & Surplus | 59 | 61 | 49 |
| Total Borrowing | 103 | 79 | 62 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment and/or pre-payment, in full or part, of borrowing availed by the Company – 95
- General Corporate Purpose –
Company Overview
Incorporated in March 2000, Systematic Industries Limited operates in the steel wire industry, manufacturing and supplying steel wires and cables for power transmission, infrastructure, telecommunications, and agro-based sectors.
The company is certified by ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.
The company offers a portfolio of Steel wires, including Carbon steel wire (MS Wire), High carbon wire (HC Wire), Mild Steel Wire, Galvanized Iron Wire, Cable Armour Wire, Aluminium conductor steel-reinforced cable (ACSR Core wire), and Aluminium Clad Steel (ACS) Wire, along with Optical Ground Wires (OPGW) and Optical Fibre Cable (OFC).
These products have electrical and mechanical properties for power generation, data transmission, and distribution, ensuring efficiency and reliability across various industries.
The company has four factories, of which three are situated in Daman & Diu and one is situated in Valsad, Gujarat.
The company sells its products in approximately 25 states and Union Territories in India and also exports its products to more than 30 countries, such as Sri Lanka, Japan, Bhutan, Canada, and Brazil.
As of December 31, 2024, the company's factories had a workforce of approximately 197 employees, of which 08 were in the Quality Department and 10 were in the Research and Development Department.
Competitive Strength:
- Established factories with equipped machines, processes, and research and development.
- Focus on Quality, Environment, Health and Safety.
- Experienced Promoter backed by quality, R & D and sales & marketing team.