Sathya Agencies Ltd. IPO Details
Sathya Agencies was incorporated on February 24, 2005. The company is the largest consumer durables and electronics retail player in Tamil Nadu and South India by store count, and among the leading players in India by revenue. Its strong brand presence, wide product portfolio, extensive store network, and integrated after-sales support position it as a one-stop solution for customers
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹6,000.0 M | DRHP DOC |
Sathya Agencies issue details
Sathya Agencies IPO issue size is ₹ 6,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Sathya Agencies IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Sathya Agencies NUMBER OF SHARES ON OFFER
Sathya Agencies FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 1,996.7 | 26.7 | 79.5 | -2.2 | 7.3% |
| FY25 | 3,496.9 | 46.3 | 49.2 | -47.7 | 6.4% |
| FY24 | 2,749.7 | 50.9 | 13.4 | -48.2 | 6.2% |
| FY23 | 1,897.1 | 17.6 | -42.8 | -85.8 | 4.7% |
Sathya Agencies INFORMATION ON IPO ISSUE
About Sathya Agencies
Sathya Agencies was incorporated on February 24, 2005. The company is the largest consumer durables and electronics retail player in Tamil Nadu and South India by store count, and among the leading players in India by revenue. Its strong brand presence, wide product portfolio, extensive store network, and integrated after-sales support position it as a one-stop solution for customers
Object of the Issue
- Repayment/ prepayment, in full or part, of certain outstanding borrowings availed by the company
- Payment of partial purchase consideration for the acquisition of its wholly owned subsidiary, Unilet Appliances Private Limited
- General corporate purposes
Sathya Agencies - PROMOTERS
| Name |
|---|
| Johnson Asaria |
| J John Sathya |
| Charles Packiaraj |
Sathya Agencies - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Johnson Asaria | Chairman & Managing Director |
| J John Sathya | Whole-time Director |
| Charles Packiaraj | Whole-time Director |
| N Adila Begum | Independent Director |
| Baskar Venkatesan | Independent Director |
| A Pondurai | Independent Director |
Sathya Agencies Book Running Lead Manager
Anand Rathi Advisors Limited
ipo.sathyaagencies@rathi.com
Motilal Oswal Investment Advisors Limited
ipo.sathyaagencies@motilaloswal.com
Sathya Agencies Registrar to the Offer
KFin Technologies Limited
sathyaagencies.ipo@kfintech.com
Sathya Agencies Strengths
Diversified consumer electronics
The company offers a wide range of consumer electronics and home appliances across categories and price points, catering to a broad customer base. Its partnerships with leading brands enable customers to access diverse products under one roof
Asset-light business model
The company follows an asset-light retail model with most stores on leased premises, enabling flexible expansion, cost efficiency, and optimized capital allocation. Its strong working capital management and supplier relationships support inventory planning, ensuring product availability while maintaining liquidity
Strategically located warehouses
The company has a robust warehousing and distribution network with multiple facilities across South India, supporting efficient inventory flow and timely product availability. Its zonal warehouse model enhances replenishment speed, reduces logistics costs, and enables scalable expansion of its retail network
Sathya Agencies Risks
Omni-channel retail model
The company’s performance depends significantly on customer footfall at its physical stores, and any decline, including due to a shift towards online shopping, may impact sales and efficiency. Reduced store visits could adversely affect inventory management, operations, and overall financial performance
Inventory managament risks
The company’s inability to accurately forecast demand and manage inventory levels may lead to stock shortages or excess inventory, affecting sales and efficiency. Rapid changes in consumer preferences and seasonal demand patterns further increase the risk of operational and financial impact
Seasonal business
The company’s business is subject to seasonal and cyclical demand, leading to fluctuations in sales and potential inventory build-up. Factors such as weather, festivals, and economic conditions influence demand, resulting in variability in revenue and profitability across periods
IPO FAQs
The promoters of the company are Johnson Asaria, J John Sathya and Charles Packiaraj.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.