Synopsis: Upcoming IPO: Sancode Technologies Limited IPO Price has been fixed at Rs. 47 Per equity share.

Sancode Technologies Limited IPO: The Initial Public offering (IPO) of Sancode Technologies Limited open on 31st March 2023 and it will close on 6th April 2023. The company incorporated on 28th April 2016, and it develops API-based software platforms and solutions. The company aims to raise Rs. 5.15 crore from its public offer through issuance of 10,95,000 fresh shares. Sancode Technologies Limited IPO price has been fixed at ₹47 per share.

About the Company

Sancode Technologies Limited is a software and product development company offering an API enabled platform and solutions that enable organizations to rapidly adopt powerful technology applications addressing their strategic business needs. The Company is promoted individually by Amit Jain, Khushboo Jain and Mihir Vora.

IPO Important Details

Sancode Technologies IPO Date: The Public issue will open on 31st March 2023 and it will closes on 6th April 2023.

Sancode Technologies IPO Price: The issue price has been fixed at Rs. 47 per equity shares.

Sancode Technologies IPO Size: The company aims to raises Rs. 514.65 Lakhs by issue of fresh 10,95,000 Equity Shares

Sancode Technologies Listing At: The public issued has been proposed for listing at BSE SME exchange.

Sancode Technologies IPO Listing Date: The Sancode Technologies IPO listing date 18th April 2023.

Company Financial

Summary of Restated Consolidated Financial Information

For the year/period ended ( Amount in ₹ Lakhs)

Total Revenue43.08159.74244.81
Profit After Tax-112.98-26.1775.12
Total Assets330.45313.96349.87