Systematix Corporate Services zooms on acquiring 80% stake in Urban Affordable Housing LLP
Systematix Corporate Services is currently trading at Rs 123.95, up by 3.90 points or 3.25% from its previous closing of Rs 120.05 on the BSE.
The scrip opened at Rs 118.10 and has touched a high and low of Rs 127.70 and Rs 118.10 respectively. So far 8936 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 1 has touched a 52-week high of Rs 335.90 on 28-Nov-2024 and a 52-week low of Rs 74.32 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs 136.50 and Rs 118.10 respectively. The current market cap of the company is Rs 1659.62 crore.
The promoters holding in the company stood at 70.58% while Institutions and Non-Institutions held 5.28% and 24.14% respectively.
Systematix Corporate Services has acquired stake in Urban Affordable Housing LLP on May 23, 2025. The company has acquired 80% stake in the total contribution i.e. Rs 1,60,000 of Urban Affordable Housing LLP through direct capital contribution and Urban Affordable Housing LLP will become Subsidiary of the company. The investment in the Urban Affordable Housing LLP is being made by way of capital contribution in the said LLP for its working capital requirements.
Systematix Corporate Services is registered as category I Merchant banker with Security Exchange Board of India (SEBI) and primarily engaged in Merchant Banking Activities.
