IPO - Initial Public Offerings

 SYSTEMATIC

  

SYSTEMATIC INDUSTRIES LTD. IPO

24 Sep, 10:00 AM

Issue Open

26 Sep, 05:00 PM

Issue Close

600

Lot Size

₹ 185.00 – ₹ 195.00

Price Range

IPO Issue Details

Issue size 115.60 Cr
Market Price 195.00
Registrar Cameo Corporate Services Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

SYSTEMATIC INDUSTRIES LTD. IPO
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, Aluminum conductor steel-reinforced cable (ACSR Core wire), and Aluminum 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 with a combined installed capacity of 1,00,000 MTPA. 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 July 31, 2025, the company's factories had a workforce of approximately 413 employees, of which 17 are in the Quality Department and 15 employees in the Research and Development Department.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 1200 ₹ 2,34,000.00
Retail (Max) 2 1200 ₹ 2,34,000.00
S-HNI (Min) 3 1800 ₹ 3,51,000.00
S-HNI (Max) 8 4800 ₹ 9,36,000.00
B-HNI (Min) 9 5400 ₹ 10,53,000.00

IPO TimeLine

Open Date 24-Sep-2025
Close Date 26-Sep-2025
Basis of Allotment Date 29-Sep-2025
Initiation of Refunds 30-Sep-2025
Credit Shares to Demat A/c 30-Sep-2025
IPO Listing Date 01-Oct-2025