IPO

SoftTech Engineers Limited IPO

NSE SME

Offer Date: Apr 27, 2018 - May 3, 2018

₹ 124800 /1600 Shares

IPO Details

27 Apr, 2018

Open Date

03 May, 2018

Close Date

09 May, 2018

Allotment Date

11 May, 2018

Listing Date

Issue Price

Rs 78/- to Rs 80/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

Market Lot

1600 Shares (Rs 1,28,000/-)

Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED and Small Industries Development Bank of India (SIDBI)

Issue Size

28,51,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 22.81 Cr> Fresh Issue of 23,71,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 18.97 Cr> Offer for Sale of 4,80,000 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 3.84 Cr

Retail Portion

N/A

Subscription

8,35,31,200 30.86 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved13,53,60013,53,60027,07,200
Day 1 - 27-04-182,25,600 0.17 x4,72,000 0.35 x6,97,600 0.26 x
Day 2 - 30-04-182,25,600 0.17 x4,72,000 0.35 x6,97,600 0.26 x
Day 3 - 02-05-1811,07,200 0.82 x81,34,400 6.01 x92,41,600 3.41 x
Day 4 - 03-05-184,42,52,800 32.69 x3,92,78,400 29.02 x8,35,31,200 30.86 x

Valuations

Earnings Per Share (EPS)

Rs 1.23

P/E Ratio

26.83

RoNW

NA

Net Asset Value (NAV) ( As on 31.10.17 )

Rs 15.42

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Vijay Gupta

IPO - Issue Objectives

  1. Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
  2. Fresh Issue(a) Product Development and Enhancement Costs(b) Funding of the Domestic and International Product Penetration and Marketing Costs(c) Repayment/ Pre-payment of certain unsecured borrowings availed by the Company(d) General Corporate Purposes

IPO - FAQs

Ans. SoftTech Engineers Limited IPO is a SME IPO. The issue is priced at Rs 78/- to Rs 80/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Apr 27, 2018, and closes on May 3, 2018. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The SoftTech Engineers Limited IPO opens on Apr 27, 2018 and closes on May 3, 2018.

Ans. The size of SoftTech Engineers Limited IPO is 28,51,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 22.81 Cr> Fresh Issue of 23,71,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 18.97 Cr> Offer for Sale of 4,80,000 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 3.84 Cr.

Ans. The IPO price band is set between Rs 78/- to Rs 80/- Per Equity Share .

Ans. To apply for SoftTech Engineers Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find SoftTech Engineers Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of SoftTech Engineers Limited IPO is May 9, 2018.

Ans. The SoftTech Engineers Limited IPO will be listed on May 11, 2018.

Ans. Follow the steps to check the allotment status for SoftTech Engineers Limited IPO here.