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Systango Technologies Limited IPO

Systango Technologies Limited was a SME IPO in the Computers - Software & Consulting sector, offered at ₹85–₹90 per share to raise ₹35 crore. It listed on 15 Mar 2023 at ₹98 and closed its first day at ₹103, a listing gain of +14.3% versus the ₹90 issue price. It now trades around ₹209 (+132.7% versus the issue price).

Frequently asked questions

What were the Systango Technologies Limited IPO listing gains?
Systango Technologies Limited listed on 15 Mar 2023 at ₹98, closing its first day at ₹103 — a listing gain of +14.3% versus the ₹90 issue price.
What was the price band and lot size of the Systango Technologies Limited IPO?
The price band was ₹85–₹90 per share, with a minimum lot of 1,600 shares (₹1,44,000 at the upper band).
Who were the registrar and lead manager for the Systango Technologies Limited IPO?
Bigshare Services Pvt. Ltd. was the registrar, and HEM Securites was the book-running lead manager.