Wednesday, November 22, 2017

Silver Touch Technologies SME IPO Price Band, Market Lot & Dates Details

Silver Touch Technologies is Ahmedabad based technology solutions provider company. Their core areas are system integration and software development. They are serving wide range of IT services like eGovernance Services, Software Services, Application Development, Support and Maintenance, System Integration Services, SAP Services, Social Media Marketing Services and Mobile Application Services. They have over 1000 employees on payroll. The ipo price is Rs.121 and market lot is 1000. It seems fair to have a listing gain. Good company to invest in.

IPO Review:
  • Apply for Listing Gain
Silver Touch Technologies IPO Dates & Price Band:
  • IPO Open: 20 November 2017
  • IPO Close: 23 November 2017
  • IPO Size: Approx Rs 40.22 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 121 Per Equity Share
  • Listing on: NSE SME
  • Shares: 3,324,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 1,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,21,000
Grey Market Premium:
  • The grey market is around Rs.800-900 Kostak Rate.
Silver Touch Technologies IPO Subscription Status:
  • IPO Subscribed 10.46 times overall
Silver Touch Technologies IPO Allotment Status:
Company Promoters:
  • Mr. Vipul H. Thakkar
  • Mr. Jignesh A. Patel
  • Mr. Minesh V. Doshi
  • Mr. Palak V. Shah
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969

IPO Lead Managers:
  • Chartered Capital and Investment Limited
Company Address:
Silver Touch Technologies Ltd
2nd Floor, Saffron,
Nr. Panchwati Circle, Ambawadi,
Ahmedabad 380 006
Phone: +91-79-2656 3158
Fax: +91-79-2656 1624