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Open
30 Mar to 7 Apr, 2005
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Close
30 Mar to 7 Apr, 2005
3
Allotment
—
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Listing
Mon, May 9, 2005
Price Band
₹30 per share
Issue Size
25,00,000 shares (agg. up to ₹8 Cr)
Listing Date
Mon, May 9, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 38.72x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|
| Assets | 11.68 | 8.99 | 11.40 | 5.32 |
| Total Income | 10.08 | 12.30 | 14.14 | 9.37 |
| Profit After Tax | 3.83 | 0.85 | 4.64 | 3.47 |
| NET Worth | 16,18,090.00 | 12,98,790.00 | 11.74 | 6.84 |
| Reserves and Surplus | 8.94 | 8.51 | 8.23 | 3.98 |
| Total Borrowing | 0.76 | 0.98 | 3.22 | 1.93 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| 3I Infotech Ltd. | Mainboard | ₹230.00 Cr | ₹100 | 70.96 | ₹97.30 | -2.70% | ₹18.15 (+0.17%) |
| Tata Consultancy Services Ltd. | Mainboard | ₹5,420.49 Cr | ₹850 | null | ₹987.95 | +16.23% | ₹2,201.00 (+0.59%) |
| Datamatics Technologies Ltd. | Mainboard | ₹113.30 Cr | ₹110 | 22.71 | ₹164.75 | +49.77% | ₹849.95 (-0.36%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Facilities / Equipment-Rent | 0.25 |
| 2 | Expansion of Facilities / Equipment-Furnishing (Interiors) | 2.59 |
| 3 | Expansion of Facilities / Equipment-Computers & Base software | 3.12 |
| 4 | Expansion of Facilities / Equipment-Servers & Extended software | 2.08 |
| 5 | Expansion of Facilities / Equipment-Communication facility | 0.52 |
| 6 | Expansion of Facilities / Equipment-Other infrastructure | 0.26 |
| 7 | Process Certification | 0.20 |
| 8 | Acquisitions | 5.00 |
| 9 | IPO & Preliminary Expenses | 0.60 |
| Total | 14.62 |
About Saksoft IPO
Saksoft Limited was incorporated on November 24, 1999, under the Companies Act, 1956, originally as 'Sak Infotech Ltd.', and renamed Saksoft Limited on September 30, 2002. The registered office is located at 'Sri Ram Nivas', 38, V.K. Iyer Road, Mandaveli, Chennai – 600 028.The company is a mid-sized Information Technology firm exclusively focused on the Banking, Financial Services, and Insurance (BFSI) sector, providing end-to-end software solutions that leverage technology to enhance client business performance.Saksoft delivers its services through five structured programs — SakC2C (custom application development), SakAssure (third-party testing and verification), SakXtend (resource augmentation, onsite and offshore), Veri-sens (proprietary Business Intelligence product for dashboards and MIS applications), and SakSupport (24x7 operations and maintenance support). A key differentiator is its Business Consulting Group (BCG), which brings domain-level banking expertise to guide technical delivery from an end-user perspective.Domestically, the company operates its primary development center and corporate office in Chennai and a second development center in NOIDA (33,000 sq. ft.). Glo
Contact Details
Saksoft Ltd. AddressSri Ram Nivas38, V.K.Iyer RoadMandaveliChennai, Tamil Nadu, 60002891-44-24614501complianceofficer@saksoft.co.inVisit Website