Systematic Industries IPO
Open SmeCurrent GMP
₹1 (+0.51%)
Price Band
₹ 185 – 195
Lot Size
600
Issue Size
₹115.6 Cr
Minimum Investment
₹234000 (1200 Shares)
Listing Date
01 October 2025
Subscription
4.39x
About the Company
Systematic Industries Limited
Incorporated in March 2000, Systematic Industries Limited is engaged in the manufacturing and supply of steel wires and cables, catering to diverse sectors such as power transmission, infrastructure, telecommunications, and agriculture.
The company is accredited with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, reflecting its focus on quality, environmental management, and occupational health and safety standards.
Product Portfolio
Systematic Industries offers a wide range of steel wires and cable products, including:
- Carbon Steel Wire (MS Wire)
- High Carbon Steel Wire (HC Wire)
- Mild Steel Wire
- Galvanized Iron (GI) Wire
- Cable Armour Wire
- Aluminium Conductor Steel-Reinforced (ACSR) Core Wire
- Aluminium Clad Steel (ACS) Wire
- Optical Ground Wires (OPGW)
- Optical Fibre Cable (OFC)
These products are designed with superior electrical and mechanical properties to ensure efficient power generation, reliable data transmission, and seamless distribution across multiple industries.
Manufacturing Facilities
The company operates four factories:
- Three located in Daman & Diu
- One located in Valsad, Gujarat
Market Presence
Systematic Industries has a strong domestic and international footprint:
- Supplies its products across 25 states and Union Territories in India
- Exports to more than 30 countries, including Sri Lanka, Japan, Bhutan, Canada, and Brazil
Workforce
As of December 31, 2024, the company employed approximately 197 people, including:
- 8 professionals in the Quality Department
- 10 professionals in the Research & Development Department
Promoters
- Siddharth Rajendra Agarwal
- Satya Rajendra Agrawal
Promoters Holding
Holding Pre Issue
99.95%
Holding Post Issue
73.41%
Objects of the Issue
The Company Systematic Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Comp
- General Corporate Purpose
Address / Contact Info
Systematic Industries Ltd.
418, 4th Floor, Nirmal Corporate Center,
L.B.S. Marg
Mulund (West),
Mumbai, Maharashtra, 400080
Phone: +91-22-41383900
Email: cs@systematicindustries.com
Website: https://systematicindustries.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 24 September 2025
IPO Close Date
Friday, 26 September 2025
Basis of Allotment
Monday, 29 September 2025
Initiation of Refunds
Tuesday, 30 September 2025
Credit of Shares to Demat
Tuesday, 30 September 2025
Listing Date
Wednesday, 01 October 2025 — NSE & BSE
Important Dates
Open Date
24 September 2025
Close Date
26 September 2025
Basis Of Allotment
29 September 2025
Listing Date
01 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 205.71 | 161.55 | 130.34 |
| Revenue | 449.21 | 372.6 | 321.9 |
| Profit After Tax | 18.46 | 12.41 | 6.31 |
| Net Worth | 80.83 | 62.37 | 49.63 |
| Reserve & Surplus | 64.03 | 61.38 | 48.98 |
| Total Borrowings | 99.12 | 79 | 62.26 |
EPS Pre
10.99%
EPS Post
8.27%
P/E Pre
17.75
P/E (Post Issue)
23.59x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 25.78 | 22.15 | 13.58 |
| ROCE % | 16.44 | 15.01 | 9.9 |
| Debt / Equity | 1.23 | 1.27 | 1.25 |
| RoNW % | 22.84 | 19.89 | 12.72 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 4.13 | 3.35 | 1.97 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 300000 | 5 | 0 |
| Qualified Institutions | 2813400 | 47.46 | 0 |
| Non-Institutional | 844200 | 14.24 | 0 |
| Retail Investors | 1970400 | 33.24 | 0 |
| Total | 5928000 | 100 | 0 |
Subscription Status ( Fri, 26 Sep 25 01:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2813400 | 11089800 | 3.94x |
| Non-Institutional | 844200 | 7000200 | 8.29x |
| Retail Investors | 1970400 | 6624000 | 3.36x |
| Total | 5628000 | 24714000 | 4.39x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Systematic Industries Ltd | 10 | 0.00 | 0.00 | 10.99 | 22.84 | 48.10 |
| Advait Energy Transitions Ltd | 10 | 62.24 | 0.00 | 28.82 | 16.27 | 182.03 |
| Bansal Wire Industries Ltd | 5 | 36.66 | 0.00 | 9.73 | 11.53 | 81.06 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 234,000.00 |
| Retail (Max) | 2 | 1,200 | 234,000.00 |
| S-HNI (Min) | 3 | 1,800 | 351,000.00 |
| S-HNI (Max) | 8 | 4,800 | 936,000.00 |
| B-HNI (Min) | 9 | 5,400 | 1,053,000.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Systematic Industries IPO is a Book-building IPO worth ₹115.6 crores. The price band is ₹185 to 195 per share. The IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The Systematic Industries IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025
Systematic Industries IPO Price Band is ₹185 to 195.
Systematic Industries IPO lot size is 600, and the minimum amount required for application is ₹234000.
The minimum investment for Systematic Industries IPO is approximately ₹234000 based on the upper price band.
To apply for the Systematic Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Sep 26, 2025. After submission, funds are blocked until the basis of allotment of Systematic Industries IPO is finalised.
Systematic Industries IPO issue size is ₹115.6 crores.
Systematic Industries IPO allotment date is Sat, Jun 27, 2026.
The registrar for Systematic Industries IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to Systematic Industries IPO through their official website or helpline.
The Systematic Industries IPO GMP (Grey Market Premium) is ₹1 as of Wed, Oct 1, 2025. Based on the upper price band of ₹195 per share, the estimated Systematic Industries IPO listing price is ₹196, indicating a potential listing gain of approximately 31% over the issue price.