Systematic Industries Limited, established on March 24, 2000, operates as a leading manufacturer and supplier of steel wires and cables, serving sectors including power transmission, infrastructure, telecommunications, and agro-based industries. The company underwent multiple transformations, transitioning between public and private limited statuses and rebranding over the years. Its current form as a public limited company was finalized on December 6, 2024, reflecting its commitment to growth and expansion in the steel wire manufacturing domain.
The company specializes in producing an extensive range of steel wires, including Carbon Steel Wire (MS Wire), High Carbon Wire (HC Wire), Galvanized Iron (GI) Wire, Cable Armour Wire, and Aluminium Clad Steel (ACS) Wire. Additionally, it manufactures advanced cables like Optical Ground Wires (OPGW) and Optical Fibre Cables (OFC), catering to applications in power generation and data transmission. Systematic Industries boasts a robust production infrastructure with factories in Silvassa and Umbergaon, featuring a combined installed capacity of 1,00,000 MTPA. Over the years, it has strategically expanded, starting with its Sayli factory in 2002-03, followed by facilities in Naroli (2019-20), Umerqui (2021-22), and Umbergaon (2024).
The company is preparing for an IPO, offering a total of 59,28,000 equity shares at Rs 10 each. This includes a fresh issue of 55,28,000 shares and the sale of 4,00,000 shares, signaling its intent to strengthen its capital base and finance further growth. For potential investors, Systematic Industries represents a promising opportunity in a high-demand market, backed by a diversified product portfolio, established manufacturing capabilities, and consistent growth in production capacity.
