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SoftTech Engineers Ltd.

SoftTech Engineers Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹80
₹80
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹80
Based on GMP
Min. Investment
₹128,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Apr 2018
Close Date
03 May 2018
Allotment
09 May 2018
Listing Date
11 May 2018
Exchange
NSE SME
Price Band
₹80
Listing Price
See chart
Allotment Status
Price Band
₹80
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
28,51,200 shares (aggregating up to ₹22.81 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹128,000
1 lot
Pre-IPO Holding
70,51,276 shares
Promoters
Post-IPO Holding
94,22,476 shares
Promoters
UPI Deadline
2018-05-03
Mandate
Anchor AllotmentThu, 26 Apr 2018
Basis of AllotmentWed, 09 May 2018
Refund InitiationThu, 10 May 2018
Demat CreditThu, 10 May 2018
Listing DayFri, 11 May 2018
UPI Mandate Deadline2018-05-03
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public27,07,200 shares (aggregating up to ₹21.66 Cr)
Market Maker Quota1,44,000 shares (aggregating up to ₹1.15 Cr)
Fresh Issue Shares22,27,200 shares (aggregating up to ₹17.82 Cr)
Offer for Sale4,80,000 shares of ₹10 (aggregating up to ₹3.84 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
SoftTech Engineers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 May 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
144,000
₹1.15
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,851,200
100% ₹22.81
IPO Shares Offered
SoftTech Engineers Ltd. IPO total issue size: ₹22.81 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 144,000 ₹1.15
5.05%
Total 2,851,200 ₹22.81
100.00%
* Based on upper price band ₹80 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹80.00
Upper Band
Min Investment
₹128,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹256,000
Retail (Max — 13 Lots)1320,800₹1,664,000
S-HNI (Min — 14 Lots)1422,400₹1,792,000
B-HNI (Min — 68 Lots)68108,800₹8,704,000
* Issue Price ₹80 × Lot Size 1,600 shares
IPO Schedule
Anchor
26 Apr 2018
✓ Done
IPO Open
27 Apr 2018
✓ Done
IPO Close
03 May 2018
✓ Done
Allotment
09 May 2018
✓ Done
Refunds
10 May 2018
✓ Done
Demat Credit
10 May 2018
✓ Done
Listing Day
11 May 2018
✓ Done
SoftTech Engineers Ltd. — Live Price LIVE
₹80.00
INR · NSE
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Issue ₹80.00 Live Price
About SoftTech Engineers Ltd.
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 of building permits approvals which is used by the government authorities in scrutinizing and automating the building permits based on the CAD based building plan which works on an online system and environment.Riding on the success of these products, the Company in the year 2010 launched, OPTICON which caters to the needs of construction contractors and real estate companies by helping them in cost estimating, construction management and overall automation.Softtech got another VC funding round from Rajasthan Venture Capital Fund in the year 2014 which acquired 26.77% stake in the Company.The company has 433 employees working at its registered office and other client places.
Objects of the Issue
1
1 Product Development and Enhancement Costs
2
2 Funding of the Domestic and International Product Penetration and Marketing Costs
3
3 Repayment/ Pre-payment of certain unsecured borrowings availed by the Company
4
4 General corporate purposes
SoftTech Engineers Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹3,594.4
31-Mar-15
₹4,432.5
31-Mar-16
₹4,711.6
31-Mar-17
Profit After Tax (PAT)
₹212.3
31-Mar-15
₹361.8
31-Mar-16
₹616.0
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 4711.63 4432.53 3594.36
EBITDA N/A N/A N/A
Profit After Tax (PAT) 615.96 361.77 212.29
Net Worth N/A N/A N/A
Total Assets 6033.78 5722.58 4008.32
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered28,51,200 (100.00%)
Net Offer to Public27,07,200 shares (aggregating up to ₹21.66 Cr)
Reserved for Market Maker1,44,000 shares (aggregating up to ₹1.15 Cr)
Pre-Issue Promoter Holding70,51,276 shares
Post-Issue Promoter Holding94,22,476 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Small Industries Development Bank of India
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much SoftTech Engineers Ltd. IPO subscribed?

SoftTech Engineers Ltd. IPO is subscribed 1.00 times by May 03, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is SoftTech Engineers Ltd. IPO retail subscription status?

The SoftTech Engineers Ltd. IPO retail category is subscribed 1.00 times as of 03 May 2018. The retail portion is oversubscribed.

How to subscribe SoftTech Engineers Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Apr 2018 and closes 03 May 2018. Min investment: ₹128,000 (1 lot = 1,600 shares). UPI mandate: 2018-05-03.

How many times SoftTech Engineers Ltd. IPO subscribed?

The SoftTech Engineers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check SoftTech Engineers Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 May 2018. Refunds: on 10 May 2018.

When SoftTech Engineers Ltd. IPO will be listed?

The SoftTech Engineers Ltd. IPO listing date is 11 May 2018, Friday. Listed on: NSE SME. Issue price: ₹80. Estimated listing: ₹80. GMP: NIL.

When SoftTech Engineers Ltd. IPO close?

The SoftTech Engineers Ltd. IPO closes on 03 May 2018, Thursday. UPI mandate: 2018-05-03. Allotment: 09 May 2018. Listing: 11 May 2018.