Softtech Engineers Ltd - Prospectus Synopsis

Softtech Engineers Ltd RHP

Registered Office : The Pentagon Unit No. 5A , Shahu College Road Parvati , Pune - 411009 , Maharashtra , India.

Phone : 91-020-24218747  Fax : 91-020-24218747

Email : investors@softtech-engr.com    Website : www.softtech-engr.com

Initial public offer of upto 28,51,200* equity shares of face value of Rs. 10/- each (equity shares) of Softtech Engineers Limited (company or issuer) for cash at a price of Rs. 80 per equity share (including a share premium of Rs. 70 per equity share) aggregating Rs. 22.81 crores** (the offer) comprising of a fresh issue of 23,71,200 equity shares aggregating Rs. 18.97 crores by the company (fresh issue) and an offer for sale of 4,80,000 equity shares by Rajasthan Trustee Company Private Limited A/c SME Tech Fund RVCF Trust II (referred to as the selling shareholder) aggregating 3.84 crores by the selling shareholder (offer for sale). The offer comprises of 1,44,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 80 per equity share, aggregating Rs. 1.15 crores which 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 27,07,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 80 per equity share, aggregating Rs. 21.66 is hereinafter refered to as the net offer. The offer and the net offer will constitute 30.26% and 28.73%, respectively of the post offer paid up equity share capital of the company. The face value of equity share is Rs.10 each. The Offer Price is Rs.80 and is 8 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Apr-2018 03-May-2018 Rs 80 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 18.97 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 22.81  
Post Issue Equity Share Capital 9.42  
Issue Price Rs. 80  
Projects
Product Development and Enhancement costs
Promoted By Listing At Registrar to the Issue
Vijay Gupta
NSE - SME Link Intime India Pvt Ltd
 

Want to invest in IPO. Our RM will contact you !

Submit