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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 - -

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