PNN

Mumbai (Maharashtra) [India], September 24: Incorporated in March 2000, Systematic Industries Limited is India's 3rd largest Steel Wire manufacturer Group (Source: Care Edge Report) with 25+ years of Incorporation serving Power & Transmission, Infrastructure, Agriculture, Telecom and other sectors. The company is poised for its initial public offering (IPO), with plans to raise INR 115.60 crores through the issuance of 59.28 lakh new shares.

The issue is a combination of fresh issue of 0.55 crore shares aggregating to INR 107.80 crores and offer for sale of 0.04 crore shares aggregating to INR 7.80 crores.

For its SME Initial Public Offering (IPO), Systematic Industries Limited has established a price band of Rs. 185 to Rs. 195 per share. The company's shares will open for subscrip

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