Silver Touch Technologies Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,575,000 (47%) | — | ₹1,906 Cr |
| Retail | — | 1,575,000 (47%) | — | ₹1,906 Cr |
| Market Maker | — | 174,000 (5%) | — | ₹21 Cr |
| Σ Total | — | 3,324,000 (100%) | — | ₹40,220 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹121,000 |
| Retail (Max) | 13 | 13,000 | ₹1,573,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,694,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,107,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Jun-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 4,777 | 11,987 | 13,905 |
| Profit After Tax | 230 | 421 | 300 |
| Net Worth | 4,033 | 3,803 | 2,912 |
| Total Assets | 10,698 | 7,488 | 10,599 |
| Reserves & Surplus | 3,300 | 3,630 | 3,243 |
| Total Borrowing | 1,894 | 1,490 | 2,171 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Offer Management fees including payment to intermediaries such as Lead Manager, Registrars, Legal Advisors and other out of pocket expenses, Underwriting Commission, Selling Commission and Processing Fees to SCSBs and other intermediaries, Advertisement, Printing & Stationery, Marketing Expenses, etc – 0.41
- Regulatory (NSE, NSDL, CDSL) – 0.04
- Market Making fees (1st year) – 0.03
- Other miscellaneous Expenses – 0.03
Company Overview
Incorporated in 1995, Silver Touch Technologies Limited is Ahmadabad based provider of end-to-end Information and Communication Technology (ICT) solution. Company has executed projects in India and aboard.
Silver Touch provides a wide range of services relating to IT requirements of its clients. Some of the services offered by the company are as under:
1. eGovernance Services
2. Software Services including Application Development, Support and Maintenance
3. System Integration Services
4. SAP Services
5. Social Media Marketing Services
6. Mobile Application Services
As on July 31, 2017, Company has 1042 employees on the payroll. In addition, there were 192 contract labors for the month July, 2017.