Systematix Corporate Services Limited (“SCSL”) has recently informed exchanges that the company raised Rs 103.12 crores through preferential allotment of equity shares at Rs 1531 per share.
In the exchange filing, the company shared, “The funds raised will fuel strategic initiatives across Systematix’s diverse business verticals, including the launch of two Alternative Investment Funds (AIFs) – Category I and Category III, scaling the Margin Trading book, Strengthening the Wealth Management, Capitalising the Institutional and HNI/Retail broking divisions and Accelerate the growth of IB and ECM businesses.”
Systematix has shown strong consolidated financial performance, with profit after tax rising from Rs 1.32 crores in FY-20 to Rs 53.35 crores in FY-24, showing a 152% CAGR.
