Systematic Industries Ltd Share Price

Systematic Industries Limited was initially incorporated on March 24 2000 as Systematic Intel Industries Limited a Public Limited Company. Thereafter Company was converted into a private limited from Systematic Intel Industries Limited to Systematic Intel Industries Private Limited vide a fresh Certificate of Incorporation issued by the Registrar of Companies Mumbai dated August 01 2003. Thereafter Company changed the name from Systematic Intel Industries Private Limited to Systematic Industries Private Limited vide a fresh certificate of incorporation on April 26 2012. Subsequently Company was converted into a public limited and the name changed from Systematic Industries Private Limited to Systematic Industries Limited vide a fresh Certificate of Incorporation dated December 06 2024 by the Registrar of Companies Central Processing Centre Manesar. Systematic Industries is operating in the business of manufacturing and supplying of various steel wires and cables catering to the needs of power transmission infrastructure telecommunications agrobased and allied industries. The product portfolio includes Steel wires such as Carbon steel wire MS Wire High carbon wire HC Wire Mild Steel MS Wire Galvanized Iron GI Wire Cable Armour Wire Aluminium conductor steelreinforced cable ACSR Core wire Aluminium Clad Steel ACS Wire etc. along with Optical Ground Wires OPGW and Optical Fibre Cable OFC which has electrical and mechanical properties that are suitable for applications in power generation data transmission and distribution.The Company started its production in Factory situated at Sayli Silvassa whereby it manufactured and supplied Steel Wires in year 200203. Gradually it expanded the business by venturing into manufacturing of various other Steel wire products such as Mild Steel MS Wire Galvanized Iron GI Wire Aluminium Clad Steel ACS Wire etc. The factories have a combined installed capacity of 100000 MTPA for producing various steel wires such as galvanized wire wires for power industries high and low carbon steel wires etc. In 201920 the Company started production at Naroli unit in Silvassa further at Umerqui Silvassa in 202122 and now at Umbergaon Valsad in 2024.In the Draft Prospectus the Company is planning an IPO aggregating an issue of 5928000 equity shares of Rs 10 each comprising a fresh issue of 5528000 equity shares and 400000 equity shares through offer for sale..