SoftTech Engineers Limited IPO

SoftTech Engineers Limited Profile

SoftTech Engineers Limited Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)
SoftTech Engineers Limited IPO

SoftTech Engineers Ltd earlier known as SoftTech Engineers Pvt Ltd is Founded in 1996 and headquartered in Pune, India. It is a leading software product company that started as an entrepreneurial venture in creating innovative software and intellectual property in the architecture, engineering, and construction (AEC) domains. They constantly enhance and hold high-quality solutions via committed, proactive market research and developmental efforts.

The development of a smart city begins with smart planning and the execution of important processes. SoftTech Engineers Ltd (Previously known as SoftTech Engineers Pvt Ltd)’s products are developed to cater to the entire lifecycle of construction development — from Planning, Approval, Procurement, and Monitoring to Execution. Company products enable government bodies with automated processes to achieve higher productivity, revenue, and transparency in the system. Their confidence is validated by a dedicated base of 4500+ customers in India and across the world.

Key Strengths:

  • The Company having deep domain expertise and ability to provide solutions and implementation of frameworks that focus on delivering business results for valuable customers.
  • The team delivers reliable and scalable products that enable customers to reduce costs, increase efficiency, and improve asset utilization in terms of people, infrastructure, and customer service.
  • Based on the growing needs the company product innovation team closely engages with the customers with a partnering approach that enables them to continually enhance their products.

SoftTech Engineers Limited Promoters:

Mr. Vijay Gupta is the sole Promoter of the Company.

SoftTech Engineers Limited IPO details:


Symbol: SOFTTECH

Issue Size: Initial Public Offer of 28,51,200 Equity Shares comprising of Fresh Issue of up to 23,71,200 Equity Shares and an Offer for Sale of up to 4,80,000 Equity Shares (Includes Market Maker Reservation Portion of 1,44,000 Equity Shares).

Face Value: Rs 10

Price Range: Rs 78 to Rs 80

Issue Type: 100% Book Building

Bid Lot: 1600 Equity Shares and in multiples thereof.

Minimum Order Quantity: 1600 Equity Shares

Issue Period: 27-Apr-2018 to 03-May-2018 (Except 30-Apr-2018)

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Name of the Registrar: Link Intime India Private Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

SoftTech Engineers Limited 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

SoftTech Engineers Limited Allotment Status:


SoftTech Engineers Limited IPO Allotment Date:  N/A

SoftTech Engineers Limited IPO Listing Date: N/A

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  1. IPO Allotment Status
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