Archive · 22 Aug 2025
R Systems Shares Surge After Acquiring Novigo Solutions
Imagine a company called R Systems, which helps other companies with their computer needs.
They decided to buy another company, Novigo Solutions, which is good at helping build software.
This is like R Systems getting a new tool to help them do their job better.
R Systems paid a lot of money for Novigo.
Because of this deal, people who own shares of R Systems are happy, and the price of those shares went up.
Also, R Systems plans to borrow some money to help pay for the new company.
This is a big deal for both companies, and it might mean that R Systems will make more money in the future.
R Systems shares increased by nearly 17% due to the acquisition of Novigo Solutions.
R Systems agreed to acquire Novigo Solutions, a specialist in low-code/no-code development, for Rs 400 crore.
The acquisition of Novigo is expected to increase R Systems' earnings per share in the first year.
The board of R Systems approved raising Rs 275 crore via non-convertible debentures.
Novigo has experienced a 44% Revenue CAGR over the last three years with 25% EBITDA margin.
- Who
- R Systems International acquired Novigo Solutions.
- What
- R Systems acquired Novigo Solutions and approved raising funds through non-convertible debentures.
- When
- The share surge happened in early deals on Friday.
- Where
- BSE
- Why
- The acquisition of Novigo and the potential for increased earnings, as well as the raising of funds, caused the share price increase.
Investors
R Systems
Share Value
Investors
Investors could benefit from the acquisition through an increase in the share price.
R Systems
N/A
- R Systems Share Increase
- 16.68%
- Novigo Acquisition Price
- Rs 400 crore
- NCD Raising Amount
- Rs 275 crore
- Novigo Revenue CAGR
- 44% (last three years)
- Novigo EBITDA Margin
- 25%