SoftTech Engineers Limited IPO

Add to Calendar 2018-04-27 12:00 AM 2018-05-03 12:00 AM Asia/Kolkata SoftTech Engineers Limited IPO SoftTech Engineers Limited India

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

 

Issue Detail

  • Issue Open: Apr 27, 2018
  • Issue Close: May 03, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 78 - Rs 80 Per Equity Share
  • Bid Lot:1600 Shares
  • Minimum Order Quantity:1600 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 22.81 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,353,600 1,353,600 - 144,000 2,851,200
Day 1 - Apr 27, 2018IST 0 225,600 472,000 - - 697,600
Day 2 - Apr 30, 2018IST 0 225,600 472,000 - - 697,600
Day 3 - May 02, 2018IST 561,600 545,600 8,112,000 - - 9,219,200

Listing Day Trading Information

- BSE NSE
Issue Price - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

SoftTech Engineers Limited User Rating

Votes
0

SoftTech Engineers Limited Life IPO Reviews

SoftTech Engineers Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us