Sathya Agencies Limited (New IPO) :GMP, Price, Review, Profit

Open
3 July 2026
0
Rating

Sathya Agencies Limited is a South India–based consumer durables and electronics retail chain engaged in selling televisions, refrigerators, washing machines, air conditioners, mobile phones, and other home appliances through a large network of retail stores. The company operates across Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, and Puducherry with hundreds of electronics and mobile retail outlets.

It operates ~392 consumer electronics stores and 35 mobile retail stores across Tamil Nadu, Andhra Pradesh, Kerala, Karnataka and Puducherry, making it one of the largest retail networks in South India; it is the largest in Tamil Nadu by store count and among the top 5 in India by revenue in its segment.

Sathya Agencies Limited was incorporated in 2005 & currently Mr. Johnson Asaria serves as the Managing Director of the company.

Sathya Agencies Limited has filed its DRHP with SEBI for a proposed IPO of ₹ 600 Cr featuring a Fresh Issue of ₹ 300 Cr and an Offer for Sale (OFS) of ₹ 300 Cr.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Revenue, PAT, EBITDA
Year
Fiscal 2025
Networth
₹191.87 Cr
Revenue
₹3496.87 Cr
EBITDA
₹222.85 Cr
PAT
₹46.26 Cr
EBITDA Margin
~6.37%
PAT Margin
~1.32%
Face Value
IPO Important Dates
#
Date
Open Date
TBA
Close Date
TBA
Anchor Investor Bidding
TBA
Allotment Date
TBA
Refunds& Demat Credit
TBA
Tentative Listing Date
TBA
Use Of Proceeds
Purpose
Amount
Working Capital Requirements
₹00 Cr
Subsidiary acquisition
₹00 Cr
Borrowing prepayment/repayment
₹175 Cr
General Corporate Purpose
Balance
Financial Data
#
2023
2024
2025
Revenue (₹ Cr)
₹ 1,897.1
₹ 2,749.7
₹ 3,496.9
PAT (₹ Cr)
₹ 17.6
₹ 50.9
₹ 46.3
Asset (₹ Cr)
₹ 755.0
₹ 1,129.7
₹ 1,617.9
Net Worth (₹ Cr)
₹ 99.7
₹ 145.7
₹ 191.9
IPO Grey Market Premium
Date
IPO Price
IPO GMP
Profit Per Lot
17-Jun
₹ –
₹ –
₹ –
16-Jun
₹ –
₹ –
₹ –
15-Jun
₹ –
₹ –
₹ –
14-Jun
₹ –
₹ –
₹ –
13-Jun
₹ –
₹ –
₹ –
Promoters – Pre offer equity (Approx)
Promoters
% Shares
Johnson Asaria
~33.27 %
J. John Sathya
~29.49 %
Charles Packiaraj
~29.49 %
-
-
-
-
-
-
Lot Size details
Application Type
Lot Size
No. of Lot
No. of Shares
Investment Amount
Retail (Min)
1
₹ –
Retail (Max)
13
₹ –
HNI (Min)
14
₹ –
HNI (Max)
66
₹ –
Big HNI (Min)
67
₹ –
  • It is South India’s leading consumer electronics retailer selling TVs, ACs, refrigerators, mobiles, and appliances through 400+ stores across multiple states.
  • Sathya Agencies is raising funds via IPO to reduce debt, fund subsidiary acquisition (Unilet Appliances), and strengthen working capital for expansion and operational growth.
  • The IPO includes a Fresh Issue of ₹ 300 Crore and an Offer for Sale (OFS) of ₹ 300 Crore. It will be listed on NSE and BSE platform.
  • High competition, low margins, heavy reliance on offline retail, inventory risk, and exposure to consumer demand cycles.
  • Strong store network, brand partnerships with top OEMs, growing demand for electronics, and expansion in Tier 2/3 cities.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

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