Systematic Industries Limited
ListedSMEManufacturing · BSE
Systematic Industries Limited, incorporated in March 2000, manufactures and supplies steel wires and cables for sectors like power transmission, infrastructure, telecommunications, and agriculture. The company, certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, offers a range of products including carbon steel wire, high carbon wire, mild steel wire, galvanized iron wire, cable armour wire, ACSR core wire, aluminium clad steel wire, OPGW, and optical fibre cables, designed for efficient power generation and data transmission. It operates four factories—three in Daman & Diu and one in Valsad, Gujarat—and sells products across 25 states and union territories in India, while exporting to over 30 countries including Sri Lanka, Japan, Bhutan, Canada, and Brazil. As of December 31, 2024, the company employed around 197 people, including staff in quality control and R&D.
Price Band
₹185 – ₹195
Issue Size
₹116 Cr
Lot Size
600 shares
GMP
₹18
+9.2%
Est. Listing
₹213
at current GMP
Subscribed
6.27x
overall
Open
24 Sep 2025
Close
26 Sep 2025
Allotment
29 Sep 2025
Refund
30 Sep 2025
Demat Credit
1 Oct 2025
Listing
1 Oct 2025
Last updated 11 months ago
Overall Subscription
6.27x
Total Demand
QIB Multiplier
9.85x
Institutions & Funds
NII / HNI
8.29x
High Net-Worth
Retail (RII)
3.36x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,125,600 | 11,089,800 | 9.85x |
| NIB | 844,200 | 7,000,200 | 8.29x |
| HNIs(10L +) | 562,200 | 5,756,400 | 10.24x |
| HNIs (2-10L) | 282,000 | 1,243,800 | 4.41x |
| RETAIL | 1,970,400 | 6,624,000 | 3.36x |
| Total | 4,784,400 | 31,714,200 | 6.27x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 23 | 0.00x |
| NIB | — | 1,428 | 0.00x |
| RETAIL | 1,642 | 5,520 | 3.36x |
| HNIs(10L +) | 312 | 773 | 2.48x |
| HNIs (2-10L) | 157 | 655 | 4.17x |
| Total Applications | 2,111 | 8,399 | 3.98x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Systematic Industries Limited Public Issue & Market Profile
Systematic Industries Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹115.6 Crores. The shares are offered at a price band of ₹185 to ₹195 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,17,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-01, while un-allotted funds or UPI block mandates will be released on 2025-09-30.
Frequently Asked Questions
What is Systematic Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Systematic Industries Limited IPO is ₹18 per equity share. Based on the upper price band of ₹185 to ₹195 per equity share, the estimated listing price is ₹213 (+9.2% expected listing gain).
What is the expected profit per lot for Systematic Industries Limited IPO?
With a lot size of 600 shares and current GMP of ₹18, the expected profit per application lot is approx ₹10,800 (+9.2% gain). Minimum application cost is approx ₹1,17,000.
What is the issue size and price band for Systematic Industries Limited IPO?
The Systematic Industries Limited IPO aggregate issue size is ₹115.6 Crores with an equity price band set at ₹185 to ₹195 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,17,000.
How can I check Systematic Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.27x (Retail: 3.36x, QIB: 9.85x, NII: 8.29x). You can track live multiples directly on our dedicated subscription page.
Where and when will Systematic Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-09-29. Investors can verify status using PAN card or application number.
When is the listing date for Systematic Industries Limited IPO?
Systematic Industries Limited shares are scheduled to list on BSE on 2025-10-01.