Silver Touch Technologies Ltd - Prospectus Synopsis

Silver Touch Technologies Ltd RHP

Registered Office : 2nd Flr Saffron , Nr. Panchwati Circle Ambawadi , Ahmedabad - 380006 , Gujarat , India.

Phone : 91-79-26563158  Fax : 91-79-26561624

Email : cs@silvertouch.com    Website : www.silvertouch.com

Public offer of 33,24,000 equity shares of face value of Rs. 10 each (equity shares) of Silver Touch Technologies Limited (the company) for cash at a price of Rs. 121 per equity share (including a share premium of Rs. 111 per equity share) (the offer price), aggregating to Rs. 40.22 crores (the offer) through an offer for sale comprising of 14,94,000 equity shares by Mr. Vipul H Thakkar, 14,94,000 equity shares by Mr. Jignesh A Patel, 70,080 equity shares by Mr. Minesh V Doshi and 2,65,920 equity shares by Mr. Palak V Shah, of which 1,74,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 121 per equity share, aggregating to Rs. 2.11 crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 31,50,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 121 per equity share, aggregating to Rs. 38.12 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.39% and 25.01% respectively of the fully diluted post offer paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the offer price of Rs. 121 is 12.10 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Nov-2017 23-Nov-2017 Rs 121 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
  Rs Cr Lead Managers to the Issue
Project Cost 0 Chartered Capital and Investment Ltd
Project Financed through Current Offer 40.22  
Post Issue Equity Share Capital 12.6  
Issue Price Rs. 121  
Projects
Promoted By Listing At Registrar to the Issue
Jignesh A Patel
Minesh V Doshi
Vipul H Thakkar
NSE - SME Link Intime India Pvt Ltd
 

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