SoftTech Engineers Limited IPO
NSE SME₹ 249600 /3200 Shares
*Min Investment
27 Apr, 2018
Open Date03 May, 2018
Close Date09 May, 2018
Allotment Date11 May, 2018
Listing DateIPO Issue Details
- Issue Price Rs 78/- to Rs 80/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 28,51,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 22.81 Cr> Fresh Issue of 23,71,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 18.97 Cr> Offer for Sale of 4,80,000 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 3.84 Cr
- Listing at NSE SME
- Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED and Small Industries Development Bank of India (SIDBI)
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
SoftTech Engineers Limited IPO is an SME IPO, priced at Rs 78/- to Rs 80/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Apr 27, 2018 to May 3, 2018. The allotment is expected to be finalized on May 9, 2018, and the tentative listing date is May 11, 2018.
The registrar of the IPO is Link Intime India Private Ltd , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 13,53,600 | 13,53,600 | 27,07,200 |
Day 1 27-04-18 | 2,25,600 0.17 x | 4,72,000 0.35 x | 6,97,600 0.26 x |
Day 2 30-04-18 | 2,25,600 0.17 x | 4,72,000 0.35 x | 6,97,600 0.26 x |
Day 3 02-05-18 | 11,07,200 0.82 x | 81,34,400 6.01 x | 92,41,600 3.41 x |
Day 4 03-05-18 | 4,42,52,800 32.69 x | 3,92,78,400 29.02 x | 8,35,31,200 30.86 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Product Development and Enhancement Costs(b) Funding of the Domestic and International Product Penetration and Marketing Costs(c) Repayment/ Pre-payment of certain unsecured borrowings availed by the Company(d) General Corporate Purposes
IPO - FAQs
Ans. SoftTech Engineers Limited IPO is a SME IPO. The issue is priced at Rs 78/- to Rs 80/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Apr 27, 2018, and closes on May 3, 2018. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The SoftTech Engineers Limited IPO opens on Apr 27, 2018 and closes on May 3, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of SoftTech Engineers Limited IPO is 28,51,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 22.81 Cr> Fresh Issue of 23,71,200 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 18.97 Cr> Offer for Sale of 4,80,000 Equity Shares of Rs 10/- each at a price of Rs 78/- to 80/- per share aggregating to 3.84 Cr.
Ans. The SoftTech Engineers Limited IPO price band is set between Rs 78/- to Rs 80/- Per Equity Share .
Ans. To apply for SoftTech Engineers Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find SoftTech Engineers Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of SoftTech Engineers Limited IPO is May 9, 2018.
Ans. The SoftTech Engineers Limited IPO will be listed on May 11, 2018.
Ans. Follow the steps to check the SoftTech Engineers Limited IPO allotment status online.
