Systango Technologies Limited
ListedSMEInformation Technology · NSE
Incorporated in 2004, Systango Technologies Limited provides comprehensive software solutions that help companies design, implement, and manage customized digital platforms, including Web2, Web3, and mobile applications with a strong focus on data and analytics. Its wide range of services covers website and mobile app development, Web3 and DeFi solutions, blockchain implementation, cloud computing, data engineering, and digital marketing. Serving diverse industries such as hospitality, proptech, fintech, and fantasy sports, Systango has established itself as a professional technology partner offering end-to-end digital solutions that empower businesses to innovate and adapt to the evolving digital landscape.
Price Band
₹90
Issue Size
₹34.82 Cr
Lot Size
1600 shares
GMP
₹23
+25.6%
Est. Listing
₹113
at current GMP
Subscribed
64.99x
overall
Open
2 Mar 2023
Close
6 Mar 2023
Allotment
10 Mar 2023
Refund
11 Mar 2023
Demat Credit
12 Mar 2023
Listing
15 Mar 2023
Last updated 12 days ago
Live Grey Market Premium
Systango Technologies Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹23+25.6%
Issue Price (Upper)
₹90
Band: ₹90
Estimated Listing Price
₹113
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹36,800
1600 × ₹23
Systango Technologies Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹23
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹23 | 25.6% | ₹113 |
| 30 Oct 2026 | +₹23 | 25.6% | ₹113 |
| 29 Oct 2026 | +₹21 | 23.0% | ₹111 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Systango Technologies Limited Public Issue & Market Profile
Systango Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹34.82 Crores. The shares are offered at a price band of ₹90 to ₹90 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2023-03-06, the basis of allotment is scheduled to be finalized on 2023-03-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Systango Technologies Limited IPO GMP today?
The latest grey market premium for Systango Technologies Limited IPO is ₹23, which indicates an expected listing price of ₹113.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.