SYSTEMATIC INDUSTRIES LIMITED

24 Sep 2025 - 26 Sep 2025 Individual Category SME BSE

Min Investment

₹234000

Price Band

₹185-₹195

Issue Size

42.4 lakhs
Equity Shares

Lot Size

600 (per lot)

IPO Dates
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24 Sep 2025

Open Date

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26 Sep 2025

Close Date

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29 Sep 2025

Allotment Date

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01 Oct 2025

Listing Date

Systematic Industries is coming out with a book-built IPO worth Rs 115.60 crore. The issue comprises a fresh issue of 0.55 crore equity shares aggregating to Rs 107.80 crore and an offer for sale of 0.04 crore equity shares totalling Rs 7.80 crore. The subscription window for the IPO opened on September 24, 2025, and will close on September 26, 2025. The basis of allotment is likely to be finalised on September 29, 2025. The shares are proposed to be listed on the BSE SME platform, with the tentative listing date set for October 1, 2025. The price band has been fixed at Rs 185 to Rs 195 per share. The minimum application size is 600 shares. For retail investors, the minimum investment works out to Rs 2,34,000 for 1,200 shares (calculated at the upper band). For HNI investors, the minimum application size is three lots (1,800 shares), which amounts to Rs 3,51,000.Hem Securities Ltd is acting as the book-running lead manager, while Cameo Corporate Services Ltd has been appointed as the registrar. The market-making responsibility will be handled by Hem Finlease Pvt. Ltd.

Know Before Investing

Strengths icon

  • Over 25 years of expertise in steel wire manufacturing serving multiple industries.
  • Four plants with 100000 MTPA capacity offering a wide product portfolio.
  • Strong domestic and global presence exporting to 30+ countries.

Weaknesses icon

  • Expansion needs heavy capital; reliance on debt may hit margins.
  • Dependent on key sectors like power and telecom demand slowdown can affect growth.
  • Relies on limited suppliers; raw material price swings may impact costs.

About Systematic Industries Limited

Founded in March 2000, Systematic Industries Limited is engaged in the steel wire sector, focusing on the production and supply of steel wires and cables used in power transmission, infrastructure, telecom, and agriculture-related industries. The company holds certifications under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Its product range includes Carbon Steel Wire (MS Wire), High Carbon Wire (HC Wire), Mild Steel Wire, Galvanized Iron Wire, Cable Armour Wire, Aluminium Conductor Steel Reinforced Cable (ACSR Core Wire), Aluminium Clad Steel (ACS) Wire, as well as Optical Ground Wire (OPGW) and Optical Fibre Cable (OFC). These products are designed with both electrical and mechanical strength, catering to applications in power generation, distribution, and data transmission. Systematic Industries operates four manufacturing units—three located in Daman & Diu and one in Valsad, Gujarat—with a total installed capacity of 1,00,000 MTPA. The company markets its products across nearly 25 states and Union Territories in India and exports to over 30 international destinations, including countries like Sri Lanka, Japan, Bhutan, Canada, and Brazil. As of July 31, 2025, the organisation employed around 413 people across its facilities, including a dedicated team of 17 in Quality Assurance and 15 in Research & Development.

Founded

2000

Managing Director

Siddharth Rajendra Agarwal

Parent Organization

-

IPO Objectives

The company plans to utilise the net proceeds from the issue primarily for repaying or pre-paying, either fully or partially, its existing borrowings amounting to Rs 950 million. The balance will be allocated towards meeting general corporate requirements.

Company Promoters

Siddharth Rajendra Agarwal

Satya Rajendra Agrawal.

How to Apply for IPO

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