SoftTech Engineers Limited IPO

SoftTech Engineers Limited

Issue Open

Apr 27, 2018

Price Band

₹ 78 - ₹ 80

Issue Size

₹ 22.81 Cr

Credit of Shares to Demat

-

Issue Close

May 03, 2018

Bid Lot

1600

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

1600

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

May 11, 2018

Refunds

-

About the company:

Soft tech engineers limited in a pune based organization engaged in providing software solutions to Architecture, Engineering and Construction businesses. To cater the needs of the businesses, the company has employed more 400 employees.

Established on : The company was incorporated in 1996 in pune

Promoters of the SoftTech Engineers Limited: Vijay Gupta is the promoter of the company in the individual capacity. The has VC investments from a Rajasthan based Funding group.

Products & Services: The company has been developing the product for e-governance and construction ERP products. SoftTech Engineers Limited offers 2D and 3D. CAD based intelligent and machine learning driven technology

Customer Segment: The company delivers services and products to smart city projects, municipal corporations, urban local bodies.

Objects of the Issue: The Objects of the Issue are:
-      Product Development and Enhancement Costs;
-      Funding of the Domestic and International Product Penetration and Marketing Costs;
-      Repayment of certain unsecured borrowings availed by the Company; and
-      General corporate purposes.

Company Financials:

Particulars

For the year/period ended (in Rs. Lacs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

6,033.78

5,722.58

4,008.32

3,429.94

2,012.87

 

Total Revenue

4,711.63

4,432.53

3,594.36

2,567.60

2,195.63

 

Profit After Tax

615.96

361.77

212.29

254.14

97.82

 

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