Founded in 2012, SA Tech Software India Limited is an IT consulting subsidiary of SA Technologies Inc., USA. The company specialises in application development, mobile app development, cloud infrastructure, software quality assurance, generative AI, machine learning, IoT solutions, data science, and analytics.
SA Tech Software India's extensive product and service portfolio includes a wide range of IT services aimed at enhancing digital transformation for Fortune 500 clients. Their offerings encompass artificial intelligence and machine learning, data science and analytics, software development and engineering, digital transformation and automation, cloud and DevOps services, and quality assurance and testing. The company also operates a Global Capability Centre (GCC), providing end-to-end technology solutions that help clients conceptualise, design, develop, and deliver superior products.
With a robust focus on innovation and quality, SA Tech Software India Limited leverages advanced technologies to drive business growth and operational efficiency. As of September 30, 2023, the company employed 356 professionals dedicated to delivering exceptional IT services and digital transformation solutions.
Industry Outlook:
- The Indian IT industry’s revenue surged to US$ 227 billion in FY22, marking a 15.5% YoY growth, with projections reaching US$ 245 billion in FY23.
- IT Outsourcing leads the IT Services market with an estimated market volume of US$460.10 billion in 2023, and a projected CAGR of 7.37% through 2028.
S A Tech Software India Limited IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company;
- Funding the working capital requirements of the company; and
- General Corporate Purposes
Peer Details
The companies considered by S A Tech Software India as its peers include:
- ASM Technologies Limited
- Moschip Technologies Limited
- Infobeans Technologies Limited
- Onward Technologies Limited
- 3i Infotech Limited
How to Check the Allotment Status of the S A Tech Software India Limited IPO?
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Contact Details of S A Tech Software India Limited IPO
- Registered office: Off No. D-6030, 6th Floor Solitaire Bus. Hub Viman Nagar, Pune 411014, Maharashtra, India
- Phone: +91 9022909131
- E-mail: cs@satincorp.com
IPO Financials
| Particulars | 6 Months period ended September 30, 2023 | Year ending on March 31, 2023 | Year ending on March 31, 2022 |
|---|---|---|---|
| Revenue From Operations (in ₹ lakh) | 3,154.83 | 5,639.31 | 4,106.11 |
| Profit After Tax (PAT) (in ₹ lakh) | 264.14 | 107.19 | (549.50) |
| Cash & Cash Equivalents (in ₹ lakh) | 164.08 | 610.79 | 121.88 |
| Net Worth (in ₹ lakh) | 1,031.89 | 767.76 | 660.57 |
| Debt to Equity Ratio(x) | 1.53 | 1.90 | 2.97 |
| Return on Average Equity (%) | 29.35% | 15.01% | -58.75% |
| Return on Capital Employed (RoCE) (%) | 44.02% | 57.21% | -68.82% |
| Earning Per Share (EPS)-in absolute ₹ | 61.45 | 24.94 | (127.85) |
Know before investing
Strengths
8Experienced leadership with 20+ years in the industry.
Promoters' expertise in AI, ML, and IoT drives innovation.
A scalable business model with proprietary, cloud-native designs.
Strategic partnerships with Microsoft and Google for cutting-edge solutions.
Top 10 clients contribute 74% revenue in Fiscal 2023.
Global presence with major clients in USA and Canada.
Risks
8Non-owned branch offices may disrupt business operations if vacated.
Past non-filing of statutory forms may attract financial penalties.
Outstanding legal proceedings could impact business and finances.
No long-term customer contracts could affect revenue stability.
Secured loans of ₹1,095.62 lakh risk property forfeiture.
Restrictive lender conditions could affect business operations and cash flow.
Pending trademark registrations may lead to unauthorised use.
Delays in statutory payments could lead to penalties and fines.
