Registered Office:
No.418 Nirmal Corporate Centre,4th Flr LBS Marg Mulund (West),
Mumbai - 400080,
Maharashtra, India.
Phone : +91-22-4138 3900
Fax : NA
Initial public offer of up to 59,28,000 equity shares of face value of (Rs) 10/- each (the "Equity Shares") of Systematic Industries Limited ("the Company" or "the Issuer") at an offer price of (Rs) 195 per equity share (Including a Share Premium of (Rs) 185 per Equity Share) for cash, Aggregating up to (Rs) 115.60 crores comprising of a fresh issue of up to 55,28,000 equity shares of face value of (Rs) 10/- each aggregating to (Rs) 107.80 crores (the "Fresh Issue") and an offer for sale of up to 4,00,000 equity shares of face value of (Rs) 10/- each by the Siddhant Ispat Private Limited (the "Selling Shareholder") aggregating to (Rs) 7.8 crores ("Offer for Sale") ("Public Offer"). The offer includes a Reservation of up to 3,00,000 equity shares of face value of (Rs) 10/- each, at an offer price of (Rs) 195 per equity share for cash, aggregating (Rs) 5.85 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of up to 56,28,000 equity shares of face value of (Rs) 10/- each, at an offer price of (Rs) 195 per equity share for cash, aggregating up to (Rs) 109.75 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.55 % and 25.2 % respectively of the post-offer paid-up equity share capital of the company.
Price Band: (Rs) 185/- to (Rs) 195/- for equity share of face value of (Rs) 10 each.
The floor price is 18.50 times times the face value and cap price is 19.50 times of the face value of the equity shares.
Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.
Opens On
Closes On
Application
Allotment
24-Sep-25
26-Sep-25
195.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
HEM Securities Ltd