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Silver Touch Technologies Ltd IPO

Silver Touch Technologies Ltd IPO

Issue Open

Nov 20, 2017

Price Band

₹ 121

Issue Size

₹ 40.22 Cr

Credit of Shares to Demat

-

Issue Close

Nov 23, 2017

Bid Lot

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Dec 01, 2017

Refunds

-

About the company:

Silver Touch Technologies Limited is an Ahmedabad based company which delivers Information Technology solutions      in the field of system integration and software services. The company has carried out several joint ventures to expand its geographical reach and create diverse clientele.

 

Date of establishment: Silver Touch Technologies was established in 1995.  

 

Product & Service Offering: Silver Touch Technologies provides a wide range of services such as web portal development, NICSI roll out, application development, testing, servers and storage solutions. The company also provides SAP services, social media marketing services and mobile application services.

 

Promoters of Silver Touch Technologies Ltd.: The promoters of the firm are Mr. Vipul H. Thakkar, Mr. Jignesh A. Patel, Mr. Minesh V. Doshi and Mr. Palak V. Shah.

 

Customer segment: The company offers its services to enterprises having IT requirements.

 

Objects of the Issue:

 

The objects of the issue are:
-     Offer for Sale
-     Benefits of listing equity shares 

Customer segment

Particulars

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

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

748.81

1059.89

843.41

768.03

545.00

Total Revenue

1198.73

1390.50

1158.51

1086.95

808.62

Profit After Tax (PAT)

42.08

30.01

21.13

60.29

46.14

 

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