Tools & Calculators
Minimum Investment
24 Sep 25
26 Sep 25
₹1,11,000
600
₹185 to ₹195
BSE
₹115.60 Cr
01 Oct 25
24 Sep 25
26 Sep 25
29 Sep 25
30 Sep 25
30 Sep 25
01 Oct 25
Incorporated in March 2000, Systematic Industries Limited is a leading steel wire manufacturer, supplying products for power transmission, infrastructure, telecommunications, and agro-based sectors. Certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, the company offers a wide range of wires including MS, HC, mild steel, galvanized iron, cable armour, ACSR core, ACS, Optical Ground Wires, and Optical Fibre Cables. With four factories in Daman & Diu and Valsad, Gujarat, and a combined capacity of 1,00,000 MTPA, it serves 25 Indian states and exports to over 30 countries, employing around 413 staff including quality and R&D teams.
Systematic Industries IPO is a book-built issue worth ₹115.60 crores, comprising a fresh issue of 0.55 crore shares aggregating ₹107.80 crores and an offer for sale of 0.04 crore shares totaling ₹7.80 crores. The IPO opens for subscription on 24 September 2025 and closes on 26 September 2025, with allotment expected on 29 September 2025. It is set to list on BSE SME, tentatively on 1 October 2025. The price band is ₹185–₹195 per share, with a lot size of 600 shares. Retail investors must invest a minimum of ₹2,34,000 (1,200 shares), while HNIs require at least 3 lots (1,800 shares) amounting to ₹3,51,000. Hem Securities Ltd. is the lead manager, Cameo Corporate Services Ltd. is the registrar, and Hem Finlease Pvt. Ltd. is the market maker.
| Particulars | Details |
| IPO Date | 24 September 2025 – 26 September 2025 |
| Listing Date | 1 October 2025 (tentative) |
| Face Value | ₹10 per share |
| Issue Price Band | ₹185 – ₹195 per share |
| Lot Size | 600 shares |
| Total Issue Size | 59,28,000 shares (₹115.60 Cr) |
| Fresh Issue | 52,28,000 shares (₹107.80 Cr) |
| Offer for Sale | 4,00,000 shares (₹7.80 Cr) |
| Market Maker Portion | 3,00,000 shares (₹5.85 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 1,68,03,242 shares |
| Shareholding Post-Issue | 2,23,31,242 shares |
| Investor Category | Shares Offered |
| Market Maker | 3,00,000 (5.06%) |
| QIB | 28,13,400 (47.46%) |
| NII (HNI) | 8,44,200 (14.24%) |
| Retail | 19,70,400 (33.24%) |
| Anchor Investors | 16,87,800 (28.47%) |
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 1,200 | ₹2,34,000 |
| Retail (Max) | 2 | 1,200 | ₹2,34,000 |
| S-HNI (Min) | 3 | 1,800 | ₹3,51,000 |
| S-HNI (Max) | 8 | 4,800 | ₹9,36,000 |
| B-HNI (Min) | 9 | 5,400 | ₹10,53,000 |
| Shareholding Status | Percentage |
| Pre-Issue | 99.95% |
| Post-Issue | 73.41% |
| KPI | Value |
| ROE | 25.78% |
| RoNW | 22.84% |
| ROCE | 16.44% |
| PAT Margin | 4.13% |
| EBITDA Margin | 7.61% |
| Debt-to-Equity | 1.23 |
| Price-to-Book Value | 4.05 |
| Market Cap | ₹435.46 Cr |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 205.71 | 161.55 | 130.34 |
| Revenue | 449.21 | 372.60 | 321.90 |
| Profit After Tax | 18.46 | 12.41 | 6.31 |
| Reserves & Surplus | 64.03 | 61.38 | 48.98 |
| Total Borrowings | 99.12 | 79.00 | 62.26 |

Explore our comprehensive IPO pages to stay updated on the latest trends and insights.
| Company Name | EPS (Basic) | EPS (Diluted) | P/E (x) | RoNW (%) |
| Systematic Industries Limited | 10.99 | 10.99 | 23.59 | 22.84 |
| Peer Group | ||||
| Advait Infratech Ltd | 28.82 | 28.82 | 62.24 | 16.27 |
| Bansal Wire Industries Limited | 9.73 | 9.73 | 36.66 | 11.53 |
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
You can apply via HDFC Sky using UPI-based ASBA facility for smooth application.
Retail investors must apply for a minimum of 1,200 shares, requiring ₹2,34,000 at the upper price band.
Allotment is expected on 29 September 2025 and tentative listing on 1 October 2025.
Promoters’ holding will reduce from 99.95% pre-issue to 73.41% post-issue after equity dilution.
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