
Systematic Industries IPO GMP & Review: Should You Apply or Avoid?
Posted by : sachet | Sat Sep 20 2025

Check Expert’s Verdicts on Systematic Industries IPO
Systematic Industries’ IPO is open for bidding from 24th September 2025 to 26th September 2025. It is a book-building IPO of ₹115.60 crores, comprising an entirely fresh issue of ₹ 0.55 crore, and an offer for sale of 0.04 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 1st October 2025.
Systematic Industries IPO Details
The Systematic Industries IPO date is fixed between 24th September 2025 and 26th September 2025. The face value of Systematic Industries’ IPO shares is ₹10 per share, and the IPO price is set between ₹185.00 and ₹195.00per share.
Cameo Corporate Services Limited is the registrar of the Systematic Industries IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 24th September 2025 |
IPO Close Date | 26th September 2025 |
IPO Allotment Date | 29th September 2025 |
Refund Initiation | 30th September 2025 |
Issue Size | 59,28,000 shares(aggregating up to ₹115.60 Cr) |
Fresh Issue | 52,28,000 shares(aggregating up to ₹101.95 Cr) |
Offer For Sale | 4,00,000 shares of ₹10(aggregating up to ₹7.80 Cr) |
Face Value | ₹10 per share |
Lot Size | 600 shares |
Issue Price Final | ₹185 to ₹195 per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & SME |
Listing Date | 1st October 2025 |
Systematic Industries IPO Share Reservation
Systematic Industries’ IPO is a book-building IPO of ₹115.60 crores, comprising an entirely fresh issue of 0.55 crore shares, and an offer for sale of 0.04 crore shares, which will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Shares Offered | % shares offered |
---|---|---|
Market Maker Shares | 3,00,000 | 5.06% |
QIB Shares Offered | 28,13,400 | 47.46% |
Retail Shares Offered | 8,44,200 | 14.24% |
NII (HNI) Shares Offered | 19,70,400 | 33.24% |
Total Shares Offered | 59,28,000 | 100.00% |
Systematic Industries IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Systematic Industries IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
20-09-2025 | ₹195.00 | ₹0.00 | ₹195.00 | 0.00% |
19-09-2025 | ₹195.00 | ₹0.00 | ₹195.00 | 0.00% |
18-09-2025 | ₹195.00 | ₹0.00 | ₹195.00 | 0.00% |
As of 20th September 2025, Systematic Industries’ IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹95 on its tentative listing date, 1st October 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Systematic Industries GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Systematic Industries IPO GMP Review

Check out the detailed Systematic Industries GMP IPO review for a thorough understanding of its potential to report listing gains on 1st October 2025. The Systematic Industries IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Systematic Industries IPO.
Systematic Industries Limited’s revenue increased by 21% from ₹372.60 crores in March 2024 to ₹449.21 crores in March 2025. Moreover, the company’s PAT rose by 49% from ₹12.41 crores to ₹18.46 crores.
Systematic Industries Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Systematic Industries IPO on its tentative listing day, October 1, 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Systematic Industries IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 17.75 |
EPS (Earnings Per Share) | 10.99 |
RoNW | 22.84% |
ROCE | 16.44% |
ROE | 25.78% |
EBITDA Margin | 7.61% |
Price to Book Value | 4.05 |
Market Capitalisation | ₹435.46 Cr. |
The P/E ratio of Systematic Industries Limited’s share is 17.75, and its Earnings Per Share (EPS) stands at 10.99. Thus, the Systematic Industries Limited IPO can potentially deliver gains on its tentative listing date, 1st October 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Systematic Industries Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Systematic Industries Limited Peer Comparison
Company Name | EPS | P/E | RoNW | Face value | Revenue |
Systematic Industries Limited | 10.99 | 17.75 | 22.84 | ₹10 | 372.60 |
Advait Infratech Limited | 28.82 | 62.24 | 16.27 | ₹10 | 212.00 |
Bansal Wire Industries Limited | 9.73 | 36.66 | 11.53 | ₹5 | 2,471 |
Systematic Industries IPO Subscription Status
The Systematic Industries IPO is to be opened for bidding on 24th September 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Systematic Industries IPO subscription status.
Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
Market Maker Shares | 3,00,000 | Yet to be announced | Yet to be announced |
QIB Shares Offered | 28,13,400 | Yet to be announced | Yet to be announced |
Retail Shares Offered | 8,44,200 | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | 19,70,400 | Yet to be announced | Yet to be announced |
About Systematic Industries Limited

Systematic Industries Limited was established in 2000. The company operated in the steel wire industry, manufacturing and supplying wires and cables for power transmission and infrastructure, telecommunications and the agro-based sector. These products have electrical and mechanical properties for power generation, data transmission, and distribution, ensuring efficiency and reliability across various industries. The company has four factories, of which three are situated in Daman & Diu and one is situated in Valsad, Gujarat, with a combined installed capacity of 1,00,000 MTPA.
- Established factories with equipped machines, processes, and research and development.
- Focus on Quality, Environment, Health and Safety.
- Experienced Promoter backed by quality, R&D and sales & marketing team.
Systematic Industries Limited Financials
The company’s financial analysis is essential before applying for the Systematic Industries IPO. Refer to the table to learn about Systematic Industries Limited’s financial information.
Year Ended | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr) |
Assets | 205.71 | 161.55 | 130.34 |
Revenue | 449.21 | 372.60 | 321.90 |
Profit After Tax | 18.46 | 12.41 | 6.31 |
EBITDA | 33.97 | 24.10 | 12.96 |
Net Worth | 80.83 | 62.37 | 49.63 |
Reserve and Surplus | 64.03 | 61.38 | 48.98 |
Total Borrowing | 99.12 | 79.00 | 62.26 |
Explanation
Systematic Industries Limited’s revenue increased by 21% from ₹372.60 crores in March 2024 to ₹449.21 crores in March 2025. Moreover, the company’s PAT rose by 49% from ₹12.41 crores to ₹18.46 crores.
Systematic Industries IPO Bidding Requirements
Investors can bid for a minimum of 1,200 shares and in multiples of 600 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 2 | 1,200 | ₹2,34,000 |
Individual Investors (Retail) (Max | 2 | 1,200 | ₹2,34,000 |
S-HNI (Min) | 3 | 1,800 | ₹3,51,000 |
S-HNI (Max) | 8 | 4,800 | ₹9,36,000 |
B-HNI (Max) | 9 | 5,400 | ₹10,53,000 |
Systematic Industries’ IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.
Use the lot size calculator to find how many shares you should apply for!
Systematic Industries IPO Promoter Holding
Refer to the table below to review the holdings of Systematic Industries Limited’s promoters:
Siddharth Rajendra Agarwal and Satya Rajendra Agrawal.
Share Holding Pre-Issue | 99.95% |
Share Holding Post-Issue | 73.41% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of the Systematic Industries IPO
The primary aim of the Systematic Industries IPO is to raise ₹115.60 crores. On the other hand, Systematic Industries has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Systematic Industries IPO.
- Repayment and/or pre-payment, in whole or part, of borrowing availed by the Company.
Should I Invest in the Systematic Industries IPO?
Explore the pros and cons of Systematic Industries to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades.
Pros of Systematic Industries IPO
- Diversified product portfolio
- Extensive manufacturing capacity and scale
- Strong quality standards & certification
- Export Market presence
- Customisation & flexibility in orders
Cons of Systematic Industries IPO
- High dependence on steel prices.
- Cyclical demand from infrastructure & construction
- Forex & Export market risks.
- Intense industry competition
How to Apply for the Systematic Industries IPO?

Please follow the steps outlined below to apply for a position at Systematic Industries Limited.
- Step 1: Conduct thorough research on the Systematic Industries IPO, including GMP, subscription status, issue size, lot size, and other relevant details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Place a bid for two lots of 1,200 shares, valued at ₹2,34,000.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Systematic Industries IPO from more than one demat account to increase your chances of allotment.
How to Check Systematic Industries IPO Allotment Status?
You can check whether the Systematic Industries IPO allotment has been completed in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On BSE
- Visit the BSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Systematic Industries IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Systematic Industries IPO allotment status.
Let’s Wrap
Systematic Industries’ IPO is a fresh issue of shares worth ₹115.60 crores. The shares of Systematic Industries Limited will be listed on BSE and SME on its tentative listing date of 1st October 2025. Researching the Systematic Industries IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Systematic Industries IPO
How is the Systematic Industries IPO?
Ans. Currently, on 20th September 2025, the Systematic Industries IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹195 per share. It is a book-building IPO of ₹115.60 crores, comprising an entirely fresh issue of 0.55 crore shares, and an offer for sale of 0.04 crore shares. The face value of each share of Systematic Industries Limited is ₹10 per share.
What is the IPO price of Systematic Industries?
Ans. The Systematic Industries IPO price is set at ₹185.00 to ₹195.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 1,200 shares, worth ₹2,34,000. Moreover, HNIs are required to bid for a minimum of 3 lots (1,800 shares) worth ₹3,51,000.
Is the Systematic Industries IPO a good investment?
Ans. Systematic Industries Limited’s revenue increased by 21% from ₹372.60 crores in March 2024 to ₹449.21 crores in March 2025. Moreover, the company’s PAT rose by 49% from ₹12.41 crores to ₹18.46 crores.
Who is the registrar of the Systematic Industries IPO?
Ans. Cameo Corporate Services Limited is the registrar of the Systematic Industries IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Systematic Industries allotment and refund, you can contact Cameo Corporate Service Limited at cameo@cameoindia.com or +91-44-28460390.
What is the issue size of the Systematic Industries IPO?
Ans. Systematic Industries’ IPO is a book-building IPO of ₹115.60 crores, comprising an entirely fresh issue of 0.55 crore shares, and an offer for sale of 0.04 crore shares. Moreover, the IPO is set to open on 24th September 2025 and will be closed on 26th September 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Systematic Industries IPO, download the Systematic Industries IPO RHP and the Systematic Industries IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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