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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹2 per share
  • Price Band
  • Lot Size
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    [.] shares (agg. up to ₹600 Cr)
  • Fresh Issue
    [.] shares (agg. up to ₹300 Cr)
  • Offer for Sale
    [.] shares of ₹2 (agg. up to ₹300 Cr)
  • Share Holding Pre Issue
    23,80,05,000 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Mon, Mar 30, 2026

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

Investor Category Reservations

Application Category Maximum Bidding Limits Bidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Up to Rs 5 Lakhs Yes
Employee + RII/NII
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Sathya Agencies Ltd.

Sathya Agencies is one of the leading consumer durables and electronics retailer in Tamil Nadu and across South India by store count as of March 15, 2026.

The company offers a wide range of consumer electronics and home appliances across various price points to serve a diverse customer base. As of January 31, 2026, its offerings include: (i) large appliances such as air conditioners, televisions, refrigerators, and washing machines; (ii) mobile phones, IT products, and accessories; and (iii) small and kitchen appliances such as water heaters, mixer grinders, gas stoves, fans, and other electronic accessories.

It collaborates with over 150 domestic and international OEMs and authorized distributors including LG, Blue Star, Daikin, Whirlpool, Haier, Sony, Havells, Panasonic, and O General.

As of January 31, 2026, the company operates 427 stores across Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, and the union territory of Puducherry. Its network includes stores run directly as well as through our subsidiaries, Unilet Appliances Private Limited and Sathya Mobiles India Private Limited. Unilet operates 54 stores in Karnataka, while Sathya Mobiles runs 35 outlets focused primarily on mobile phones and accessories across Tamil Nadu.

The company has strong retail presence across Tier I, Tier II, and Tier II+ cities, covering all 38 districts of Tamil Nadu. It follows an omni-channel retail strategy that integrates our physical store network with our online platform. As of January 31, 2026, its consumer durables and electronics network consists of 384 multi-brand outlets (MBOs), eight exclusive brand outlets (EBOs), and 35 dedicated mobile retail stores.

Competitive Strengths:

  • Widespread presence across South India, with deep penetration across Tier-II and Tier-II+ markets
  • Largest consumer electronics retailer in Tamil Nadu in terms of number of stores and revenue with a legacy of over three and a half decades
  • Fastest growing consumer electronics retailer with a track record of strong operational and financial performance
  • Diversified consumer electronics and home appliances portfolio offerings supported, with a consistent track record of growth in key product categories
  • Flexible, asset-light model with strong working capital management and profitability
  • Strategically located warehouses and streamlined supply chain management
  • Experienced Promoters supported by a qualified management team

Company Financials (Restated Standalone)

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 1,617.86 1,129.66 755.03
Total Income 3,507.99 2,755.26 1,899.64
Profit After Tax 46.27 50.95 17.57
EBITDA 222.85 169.88 89.90
NET Worth 191.87 145.70 99.73
Reserves and Surplus 191.99 145.58 94.83
Total Borrowing 648.70 484.46 340.56
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Repayment/ prepayment, in full or part, of certain outstanding borrowings availed by the company
    175.00
  • 2 Payment of partial purchase consideration for the acquisition of our wholly owned Subsidiary, Unilet Appliances Private Limited
    35.00
  • 3 General corporate purposes
  • Total
    210.00

Key Performance Indicator (KPI)

KPI Sep 30, 2025 Mar 31, 2025
ROE 26.58%
ROCE 19.64%
Debt/Equity 3.32 2.99
RoNW 12.70% 26.58%
PAT Margin 1.34% 1.32%
EBITDA Margin 7.27% 6.37%
Pre IPO Post IPO
Promoter Holding 97.92%
Johnson Asaria, J John Sathya and Charles Packiaraj are the company promoters.

Company Financials (Restated Consolidated)

Period Ended 30 Sep 2025
Assets 2,131.91
Total Income 2,006.54
Profit After Tax 26.71
EBITDA 145.11
Reserves and Surplus 217.99
Total Borrowing 814.01
Amount in ₹ Crore

IPO Registrar

Kfin Technologies Ltd.

  • 04067162222, 04079611000
  • sathyaagencies.ipo@kfintech.co
  • Visit Website

IPO Lead Manager(s)

  1. Anand Rathi Advisors Ltd.  (Past IPO Performance)
  2. Motilal Oswal Investment Advisors Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Sathya Agencies Ltd. Address
No.2/174/4 & 2/174/5, Palayamkottai Main Road,
NH-7A, Maravanmadam
Tuticorin
Thoothukudi, Tamil Nadu, 628101

IPO FAQs

Sathya Agencies IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹600 Crores. The issue is priced at To be declared. The minimum order quantity is .

The Sathya Agencies IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Sathya Agencies IPO using UPI as a payment gateway. Zerodha customers can apply in Sathya Agencies IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sathya Agencies IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Sathya Agencies IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sathya Agencies IPO dates are not announced. Please check back again after some time.

Sathya Agencies IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Sathya Agencies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Sathya Agencies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sathya Agencies IPO allotment status.

The Sathya Agencies IPO listing date is not yet announced. The tentative date of listing is .

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