Systematic Industries Ltd IPO

LISTED
SME

NSE • Lot Size: 600 • Plastic products

Issue195
Listed193.8-1%
Now178-8.7%
8.7%

*Last updated on 11 Jan 2026

Price Band

₹185 - ₹195

Lot Size

600

Issue Size

₹115.6 Cr

GMP

N/A

Subscription

6.20x

Analyzing...

IPO Schedule

1

Open

24 Sept 2025

2

Close

26 Sept 2025

3

Allotment

29 Sept 2025

4

Listing

1 Oct 2025

About Systematic Industries Ltd

Systematic Industries Ltd specializes in manufacturing and supplying precision-engineered components and assemblies, catering primarily to the automotive and industrial sectors. They focus on delivering high-quality products adhering to stringent industry standards.

Key Strengths

  • Strong Return on Equity (ROE) of 25.78% indicating efficient profitability.
  • Reasonable Price-to-Earnings (P/E) ratio of 17.75 compared to industry peers (needs peer comparison for definitive assessment).
  • Established presence in the automotive and industrial sectors with a diversified customer base.
  • Experience in manufacturing precision-engineered components, showcasing technical capabilities.
  • Potential for growth driven by increasing demand in the automotive and industrial sectors.

Risk Factors

  • SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs.
  • Dependence on specific sectors (automotive, industrial) exposes them to cyclical downturns in those industries.
  • Limited operating history and scale compared to larger, established players in the market.
  • Potential challenges in maintaining profitability and growth in a competitive environment
  • Fluctuations in raw material prices can significantly impact profitability

Valuation Analysis

The IPO appears reasonably priced given the ROE and P/E ratio, however, a thorough comparison with listed peers is crucial to assess its true value and potential for appreciation. Investors should consider the inherent risks associated with SME IPOs before investing.

IPO Details

ExchangeNSE
SegmentSME
ISININE1KLZ01011
NSE SymbolSYSTEMATIC
Face Value10
Lot Size600
Issue Size₹115.6 Cr

Key Metrics

ROE25.78%
ROCE16.44%
P/E Ratio17.75
Industry P/E20
EPS10.99
PAT Margin4.13%
Debt/Equity1.23

Growth & Quality

ProfitableYes ✓

Subscription

Total0.36x

Documents

Key Dates

Open Date24 Sept 2025
Close Date26 Sept 2025
Allotment29 Sept 2025
Listing1 Oct 2025