Sancode Technologies Limited
Sancode Technologies Limited
Sancode Technologies Limited, incorporated in 2016, offers API-based solutions and platforms. The organization collaborates with a network of implementation partners to provide solutions to its clients in the following fields:
- Artificial Intelligence
- Digital transformation
- Workflow Automation
- Data Analytics
- Metaverse and Web3 applications
- System Integration
- Cloud Migration
The organization has evolved its operations in producing, designing, distributing, and dealing with application software. It also engages in cloud migration, digital transformation, advanced analytics, AI projects, and robotic process automation.
Purpose of issuing an IPO
- To fulfill the working capital requirement
- To meet common corporate expenses
Company Financials (Amount in lakhs)
| Period Ended | Total Assets | Total Borrowing | Profit After Tax | Net Worth |
| 31-Mar-21 | 313.96 | 63.73 | -26.17 | 223.56 |
| 31-Mar-22 | 349.87 | 20.76 | 75.12 | 287.07 |
| 30-Sep-22 | 481.26 | 21.20 | 89.36 | 367.54 |
IPO Details
| Opening Date | Mar 31, 2023 |
| Closing Date | Apr 6, 2023 |
| Listing Date | Apr 18, 2023 |
| Face value | Rs.10 each share |
| Price | Rs.47 each share |
| Issue Size | 1,095,000 shares |
| Fresh Issue | 1,095,000 shares |
| Listing At | BSE SME |
