Monday, April 23, 2018

SoftTech Engineers IPO Dates, Price Band, Market Lot, Allotment & Subscription Details

SoftTech Engineers Ltd incorporated in 1996 based in Pune. The company is providing software to Architecture, Engineering, and Construction ("AEC") verticals. They are specialized in e-governance and construction ERP products development. They offer 2D/3D based intelligent learning driven technologies. The company launched products like viz., PWIMS and AutoDCR. They got VC Funding from Rajasthan Venture Capital Fund in the year 2014 as well. SoftTech Engineers ipo is starting from 27 April and ends on 03 May. The price band is around Rs.78-80 with 1600 market lot. The ipo size is around 22.81 crore rupees.

IPO Review:
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SoftTech Engineers IPO Dates & Price Band:
  • IPO Open: 27 April 2018
  • IPO Close: 03 May 2018
  • IPO Size: Approx Rs 22.81 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.78-80 Per Equity Share
  • Listing on: NSE SME
  • Shares: 2,851,200
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 1,600 Shares (Minimum Lot Size)
  • Amount: Rs.1,28,000
IPO Allotment & Listing:
  • Basis of Allotment: 9-May-2018
  • Refunds: 10-May-2018
  • Credit to demat accounts: 11-May-2018
  • Listing: 14-May-2018
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Financial Results:

Rs. in Crore

2013 2014 2015 2016 2017
Revenues 22.0 25.7 35.9 44.3 47.1
Expenses 20.6 22.1 32.5 38.8 38.6
PAT 1.0 2.5 2.1 3.8 6.2

Grey Market Premium:
  • The grey market is around Rs.12000 Subject to Sauda.
SoftTech Engineers IPO Subscription Status:
  • IPO Subscribed 29.26 times overall
SoftTech Engineers IPO Allotment Status:
Company Promoters:
  • Mr. Vijay Gupta
Quick Links:
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IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
IPO Lead Managers:
  •  Pantomath Capital Advisors Pvt. Ltd.
  • Small Industries Development Bank of India (SIDBI)
Company Address:
SoftTech Engineers Limited
'The Pentagon', Unit No. 5A,
Near Satara Road Telephone Exchange, Shahu College
Parvati, Pune 411009
Phone: +91-020-24218747
Fax: +91-020-24218747