Bookbuilding IPO | ₹130 Cr | Listed at BSE, NSE | Thu, Aug 11, 2005 - Wed, Aug 17, 2005
Sasken Communication Technologies IPO is a book build issue of ₹130.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹130.00 crore.
Sasken Communication Technologies IPO bidding started from Aug 11, 2005 and ended on Aug 17, 2005. Sasken Communication Technologies IPO will list on the NSE and the BSE with a tentative listing date fixed as Sep 9, 2005.
Sasken Communication Technologies IPO is set final issue price at ₹260 per share.
Enam Financial Consultants Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Sasken Communication Technologies IPO DRHP for detailed Information.
IPO Open
Thu, Aug 11, 2005
IPO Close
Wed, Aug 17, 2005
Issue Price
₹260 per share
Market Cap (Pre-IPO)
₹715.30 Cr
| IPO Date | 11 to 17 Aug, 2005 |
| Listed on | Fri, Sep 9, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹230 to ₹260 |
| Issue Price | ₹260 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 50,00,000 shares (agg. up to ₹130 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹130 Cr) |
| Share Holding Pre Issue | 2,25,11,496 shares |
| Share Holding Post Issue | 2,75,11,496 shares |
| BSE Script Code / NSE Symbol | 532663 / SASKEN |
| ISIN | INE231F01020 |
Sasken Communication Technologies IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 45,00,000 shares, after excluding 5,00,000 shares under a preferential allotment. Of the Net offer 27,00,000 (60.00%) are allocated to QIB, 4,50,000 (10.00%) allocated to NII 13,50,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 27,00,000 | 60.00% | 54.00% |
| NII (HNI) Shares Offered | 4,50,000 | 10.00% | 9.00% |
| Retail Shares Offered | 13,50,000 | 30.00% | 27.00% |
| Preferential Reservations | |||
| Employee Shares Offered | 5,00,000 | 10.00% | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Established in 1989, Sasken Technologies Limited (formerly Sasken Communication Technologies Limited) is a Bengaluru-based multinational company providing expert Product Engineering and Digital Transformation services.
It specialises in embedded systems, software services, and technology consulting for industries such as Automotive, Semiconductors, and Telecom, with over 2,000 employees and global operations.
The company operates in key sectors, including automotive (telematics, V2X), semiconductor (modem software), consumer electronics, satcom, and enterprise devices.
The company has its offices and labs located in India, Finland, China, Germany, Japan, South Korea, UAE, UK, and USA.
The company is certified to ISO 9001 and ISO/IEC 27001 (information security) and is assessed at CMMI-DEV V2.0-ML3.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|
| Total Income | 241.77 | 166.13 |
| Profit After Tax | 22.78 | 18.34 |
| Reserves and Surplus | 124.84 | 98.59 |
| Amount in ₹ Crore | ||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Spanco Telesystems & Solutions Ltd. | Mainboard | ₹7.54 Cr | ₹25 | 2.76 | ₹56.25 | +125.00% | (+0.00%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of the New Campus | 126.08 |
| 2 | General corporate purposes, including strategic investments, Acquisitions and Joint Ventures | 0.12 |
| 3 | Issue Expenses | 8.80 |
| Total | 135.00 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 12.74% |
| Price to Book Value | 3.12 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.12 | 8.28 |
| P/E (x) | 25.69 | 31.4 |
| Promoter Holding | 30.98% | 25.35% |
| Market Cap | ₹715.30 Cr. |
The Sasken Communication Technologies IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 76.39 | 50,00,000 | 38,19,29,644 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM | 3.30 |
| 2 | Registrar to the Issue | 1.10 |
| 3 | Advisors (Legal Counsel and Auditors) | 0.39 |
| 4 | Marketing Costs | 1.38 |
| 5 | Others (Insurance, printing, stamp duty, listing fees, depository fees and other related expenses) | 2.64 |
| Total | 8.80 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹260.00 | ₹260.00 |
| Open | ₹460.00 | ₹400.00 |
| Low | ₹448.65 | ₹400.00 |
| High | ₹624.00 | ₹575.00 |
| Last Trade | ₹260.00 | ₹464.55 |
Lead Manager Reports
Sasken Communication Technologies IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹130 Crores. The issue is priced at ₹260 per share. The minimum order quantity is .
The IPO opens on Thu, Aug 11, 2005, and closes on Wed, Aug 17, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sasken Communication Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Sasken Communication Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sasken Communication Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sasken Communication Technologies IPO opens on Thu, Aug 11, 2005 and closes on Wed, Aug 17, 2005.
Sasken Communication Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sasken Communication Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sasken Communication Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sasken Communication Technologies IPO allotment status.
The Sasken Communication Technologies IPO listing date is on Fri, Sep 9, 2005.
