Safa Systems IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Safa Systems & Technologies
- Important Details – Safa Systems & Technologies
- Objects of the Issue
- Safa Systems & Technologies Limited Financials:
- Safa Systems IPO Price – Details
- Safa Systems & Technologies IPO DRHP & RHP
- Safa Systems IPO Lot Size
- Safa Systems & Technologies IPO Lead Managers
- Safa Systems & Technologies IPO Registrar
- Safa Systems IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Safa Systems & Technologies IPO – FAQS
About Safa Systems & Technologies
Safa Systems & Technologie is in the business of distributorship of consumer durable products like Mobile phones, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devises of various brands like Xiaomi, OPPO, TECNO, Micromax, One Plus in Kerala. The company works in B2B (Business to Business) model.
Important Details – Safa Systems & Technologies
| Date | Details |
|---|---|
| October 18, 2012 | The company was originally incorporated as “Safa Systems & Solutions”, a Partnership firm in the state of Kerala |
| September 21, 2021 | Converted the Partnership firm into a Public Limited Company in the name of “Safa Systems & Technologies Limited” |
Objects of the Issue
- To meet the working capital requirements of the company
- To meet the Issue Expenses
- General Corporate Purposes
Safa Systems & Technologies Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 489.28 | 402.67 | 388.06 |
| Total income | 2,086.60 | 2,552.25 | 2,557.42 |
| Total Expenses | 2,063.26 | 2,520.22 | 2,534.79 |
| Profit After Tax | 2.93 | 3.12 | 3.57 |
Safa Systems IPO Price – Details
| Details | SSTL IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 40,00,000 equity shares of ₹ 10 (aggregating up to ₹ 400 Lakhs) |
| Issue Open Date | 28-Jan-22 |
| Issue Close Date | 01-Feb-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 10 |
| Face Value | ₹ 10 |
| Market Lot | 10000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 10000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | SSTL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Safa Systems & Technologies IPO DRHP & RHP
Safa Systems & Technologies IPO DRHP
Safa Systems & Technologies IPO RHP
Safa Systems IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 10000 | ₹ 1,00,000 |
| Maximum | 2 | 20000 | ₹ 2,00,000 |
Safa Systems & Technologies IPO Lead Managers
- Finshore Management Services Limited
Safa Systems & Technologies IPO Registrar
- Cameo Corporate Services Ltd
Safa Systems IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Jan-22 |
| Bid / Offer Closes on | 01-Feb-22 |
| Finalisation of Basis of Allotment | 04-Feb-22 |
| Initiation of refunds | 07-Feb-22 |
| Credit of the Equity Shares | 08-Feb-22 |
| Listing Date | 09-Feb-22 |
Company Peers – Comparison of Accounting Ratios
None of the listed companies in India offer products or services across the various business segments in which Safa Systems operate. Hence a strict comparison is not possible.
Company Registered Office
46/2631 B, Safa Arcade,
Kaniyapilly Road, Chakkaraparambu,
Ernakulam-682028,
Kerala, India
Website: www.sssinfo.in
Company Promoters
- Mr. Faizal Bavaraparambil Abdul Khader
- Mr. Bavaraparambil Abdhulkadher Hydrose
Safa Systems & Technologies IPO – FAQS
What is the Safa Systems IPO Price?
The Safa Systems IPO price band is 10 per share
When Safa Systems & Technologies IPO will open?
The Safa Systems & Technologies IPO opens on Jan 28, 2022 and closes on Feb 01, 2022
Who is the Registrar for Safa Systems & Technologies IPO?
The Registrar for Safa Systems & Technologies IPO is Cameo Corporate Services Ltd
How to apply in Safa Systems & Technologies IPO through UPI?
Check the step by step process here – Click here
How to apply in Safa Systems & Technologies IPO through Zerodha?
Check the step by step process here – Click here
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