Softtech Engineers Ltd

Small Industries Development Bank of India

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

    • Opens On27 Apr 2018
    • Closes On03 May 2018
  • Money Payable On

    • Application80
    • Allotment0
  • Project Cost (Cr.)18.97
  • Post Issue Equity Share Capital (Cr.)9.42
  • Issue Price (D)80

Further Multiples of: 1600

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Link Intime India Pvt Ltd

    The Pentagon Unit No. 5A Shahu College Road Parvati Pune

    Maharashtra- 411009

    Phone - 91-020-24218747

    Fax - 91-020-24218747

    Email - investors@softtech-engr.com

    Website - www.softtech-engr.com

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