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Open
27 Apr to 3 May, 2018
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Close
27 Apr to 3 May, 2018
3
Allotment
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Listing
Fri, May 11, 2018
Price Band
₹78 to ₹80
Issue Size
28,51,200 shares (agg. up to ₹23 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, May 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 29.90x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 66.44 | 60.54 | 57.36 | 40.08 |
| Total Income | 23.75 | 47.12 | 44.33 | 35.94 |
| Profit After Tax | 2.60 | 6.17 | 3.81 | 2.12 |
| EBITDA | 7.30 | 14.61 | 11.12 | 7.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Innovana Thinklabs Ltd. | SME | ₹7.70 Cr | ₹70 | 25 | ₹83.60 | +19.43% | ₹341.10 (+0.27%) |
| Silver Touch Technologies Ltd. | SME | ₹40.22 Cr | ₹121 | 18 | ₹122.00 | +0.83% | ₹195.96 (-0.91%) |
| Newgen Software Technologies Ltd. | Mainboard | ₹424.62 Cr | ₹245 | null | ₹252.40 | +3.02% | ₹541.95 (-3.17%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Product Development and Enhancement Costs | 6.62 |
| 2 | Funding of the Domestic and International Product Penetration and Marketing Costs | 5.98 |
| 3 | Repayment/ Pre-payment of certain unsecured borrowings availed by the Company | 2.03 |
| 4 | General corporate purposes | 2.18 |
About SoftTech Engineers IPO
Incorporated in 1996, Pune based SoftTech Engineers Limited is a software company which caters to the Architecture, Engineering, and Construction ("AEC") verticals. The Company specializes in developing the product for e-governance and construction ERP products for smart city projects, municipal corporations, urban local bodies, development authorities and work organizations. It also offers 2D and 3D CAD based intelligent and machine learning driven technology which eliminates entire human intervention along with providing Cloud Technology enabled products offered as "SaaS".Softtech started by launching its first product - STRUDS in the year 1996, which was used for Structural Analysis and Designing. In the year 2000, it launched another product, ESRGSR, which was also used on the same line. STRUDS and ESR GSR were acquired in the year 2011 by CSC (UK) Limited.The Company also launched two new products viz., PWIMS and AutoDCR which have been the flagship products of the Company since its launch in the year 2004 and 2005 respectively. PWIMS provides a complete online solution to Public Works Department (PWD) for e-procurement and work management. AutoDCR is a software for automation
Contact Details
SoftTech Engineers Ltd. AddressThe Pentagon', Unit No.5ANear Satara Road Telephone Exchange, Shahu CollegeParvatiPune, Maharashtra, 411009+91-020-24218747investors@softtech-engr.comVisit Website