Systematic Industries IPO
ClosedAlready have an account? Apply now
Schedule of Systematic Industries
| Issue open date | 24 Sep 2025 |
| Issue close date | 26 Sep 2025 |
| UPI mandate deadline | 26 Sep 2025 (5 PM) |
| Allotment finalization | 29 Sep 2025 |
| Refund initiation | 30 Sep 2025 |
| Share credit | 30 Sep 2025 |
| Listing date | 01 Oct 2025 |
| Mandate end date | 11 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 29 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 28 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Systematic Industries
Systematic Industries specialises in manufacturing high-quality steel wires and wire products for diverse industrial applications including power transmission, telecommunications, and agro-based sectors. The company operates four manufacturing facilities strategically located in Dadra & Nagar Haveli and Gujarat, producing various types of wires including galvanized wire, stainless steel wire, high carbon wire, and speciality wires for critical industrial applications.
Financials of Systematic Industries
Issue size
| Funds Raised in the IPO | Amount |
| Total issue | ₹115.60 crores |
| Fresh issue | ₹107.80 crores |
| Offer for sale | ₹7.80 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment/prepayment of borrowings | 95 (88.12%) |
| General corporate purposes | 12.8 (11.87%) |
Strengths
- Diversified product portfolio across multiple wire categories and applications
- Strategic manufacturing locations in the industrial hubs of Dadra & Nagar Haveli and Gujarat
- Established presence across power transmission, telecommunications, and industrial sectors
- Experienced promoters with over two decades in the steel wire industry
- Quality certifications and compliance with industry standards
- Strong customer relationships across B2B segments
Risks
- Dependence on raw material steel prices, which are subject to volatile commodity cycles
- Exposure to power and infrastructure sector fluctuations affecting demand
- Working capital-intensive business model requiring continuous funding
- Competition from large-scale organised players in the steel wire segment
- Environmental compliance requirements and associated costs
- Currency fluctuation risks affecting raw material imports
Allotment Status for Systematic Industries
To check your allotment status – click here.
Subscription Figures for Systematic Industries
As per media reports (Link), the Grey Market Premium (GMP) of Systematic Industries is reported at ₹15 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 26, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 11.25 | 110.89 | 9.85x |
| NII | 8.44 | 67.00 | 7.94x |
| Retail | 19.70 | 66.22 | 3.36x |
| Total | 39.40 | 244.12 | 6.20x |