IPO Schedule
1
Open
24 Sept
2
Close
26 Sept
3
Allotment
29 Sept
4
Listing
1 Oct
Systematic Industries Ltd IPO
Issue:₹195
List:₹193.8
CMP:₹160
NSELot: 600Plastic products
LISTEDSME
Issue Price₹195
Listing₹193.8
Current₹160
Content
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.
Subscription Status
QIB
1.11x
NII
0.04x
Retail
0.07x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 9.85x | 1.18x | 1.11x |
| NII | 7.94x | 0.26x | 0.04x |
| Retail | 3.36x | 0.45x | 0.07x |
| Total | 6.20x | 0.62x | 0.36x |
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