Key IPO Details
| Particulars |
Details |
| IPO Open Date |
September 24, 2025 |
| IPO Close Date |
September 26, 2025 |
| Listing Date |
October 1, 2025 |
| Face Value |
₹10 per equity share |
| Price Band |
₹185 to ₹195 per share |
| Issue Size |
Approx. ₹115.60 Crores |
| Fresh Issue |
Approx. ₹107.80 Crores |
| Offer for Sale |
Approx. 4,00,000 Equity Shares |
| Issue Type |
Book Built Issue |
| IPO Listing |
BSE SME |
| Retail Quota |
35% |
| QIB Quota |
50% |
| NII (HNI) Quota |
15% |
Market Lot Information
| Category |
Lot Size |
Shares |
Amount (₹) |
| Retail Minimum |
2 |
1,200 |
2,34,000 |
| Retail Maximum |
2 |
1,200 |
2,34,000 |
| S-HNI Minimum |
3 |
1,800 |
3,51,000 |
| S-HNI Maximum |
8 |
4,800 |
9,36,000 |
| B-HNI Minimum |
9 |
5,400 |
10,53,000 |
Important IPO Dates
| Event |
Date |
| IPO Opening |
September 24, 2025 |
| IPO Closing |
September 26, 2025 |
| Basis of Allotment |
September 29, 2025 |
| Refund Initiation |
September 30, 2025 |
| Demat Credit |
September 30, 2025 |
| Listing Date |
October 1, 2025 |
Promoters
- Siddharth Rajendra Agarwal
- Satya Rajendra Agrawal
About the Company
Systematic Industries Limited, started in March 2000, manufactures and supplies steel wires and cables for power, construction, telecom, and farming. Their factories produce up to 1,00,000 MT/year of various steel wires, selling in over 30 countries. The company is well-established with advanced machinery, strong R&D, and a wide product range.
Financial Performance
| Period Ended |
Revenue (₹ Cr) |
Expense (₹ Cr) |
PAT (₹ Cr) |
Assets (₹ Cr) |
| 2022 |
236.03 |
230.78 |
3.91 |
90.48 |
| 2023 |
321.90 |
313.43 |
6.31 |
130.34 |
| 2024 |
372.60 |
355.99 |
12.41 |
161.55 |
| 2025 |
449.21 |
424.39 |
18.46 |
205.71 |
Key Financial Ratios (FY2025)
| KPI |
Value |
| ROE |
25.78% |
| ROCE |
16.44% |
| EBITDA Margin |
7.61% |
| PAT Margin |
4.13% |
| Debt to Equity Ratio |
1.23 |
| EPS (Basic) |
₹10.99 |
| P/E Ratio |
N/A |
| RoNW |
22.84% |
| Net Asset Value (NAV) |
₹48.10 |
Peer Group Comparison
| Company |
EPS |
PE Ratio |
RoNW (%) |
NAV |
Income |
| Advait Energy Transitions Limited |
28.82 |
62.24 |
16.27% |
182.03 |
406.46 Cr. |
| Bansal Wire Industries Limited |
9.73 |
36.66 |
11.53% |
81.06 |
3,516.61 Cr. |
Purpose of the IPO
- Repayment/pre-payment of borrowings
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Lead Manager:
Hem Securities Ltd.
Company Address:
Systematic Industries Ltd.
418, 4th Floor, Nirmal Corporate Center, L.B.S. Marg, Mulund (West), Mumbai, Maharashtra, 400080
Phone: +91-22-41383900
Email: cs@systematicindustries.com
Website: https://systematicindustries.com/
Reviews
The company has shown strong growth in revenue and profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.
