Silver Touch Technologies IPO

Silver Touch Technologies IPO

Business description from prospectus - Silver Touch Technologies offers information technology solutions into multiple areas like System integration and Software Development. The company is providing all end-to-end Information and Communication Technology (ICT) solutions to its clients under a single umbrella. Initially, the primary functional areas were restricted to computer sales and maintenance. Building through a path of more than two decades, presently Silver Touch is offering a variety of services in the field of Information Technology solutions to its clients. The Company has carried out several domestic and international Joint Ventures which have enabled it to expand its geographical reach and create diverse clientele. The company has executed various projects in India and other countries including USA, UK, France, Australia, Middle East and Germany.

Promoters of Silver Touch Technologies – Mr Vipul H Thakkar, Mr Jignesh A Patel, Mr Minesh V Doshi and Mr Palak V Shah

Silver Touch Technologies IPO details

Subscription Dates 20 - 23 November 2017
IPO Price band INR121 per share
Fresh issue Nil
Offer for sale 3,324,000 shares (INR40.22 crore)
Total IPO size 3,324,000 shares (INR40.22 crore)
Minimum bid (lot size) 1,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Silver Touch Technologies’ consolidated financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 Q1 FY2018
Total revenue 80.1  108.1 114.7 138.2 118.6 47.2
Total expenses 74.0 99.8 112.4 134.5 113.8 44.6
Profit after tax 4.6 6.0 2.1 3.0 4.2 2.3

Silver Touch Technologies Limited
2nd Floor, Saffron
Nr. Panchwati Circle, Ambawadi
Ahmedabad – 380 006

Phone: +91 79 2656 3158
Email: [email protected]
Website: www.silvertouch.com

Day

Subscription (no. of times)

Day 1 1.31
Day 2 1.67
Day 3 2.49
Day 4 10.42

 

Earnings Per Share (EPS): INR3.62

Price/Earnings (P/E) ratio: 33.42

Return on Net Worth (RONW): 10.60%

Net Asset Value (NAV): INR34.15 per share

Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400 083
Maharashtra, India

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]
Website: http://www.linkintime.co.in

Silver Touch Technologies IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

IPO Opening Date: 20 November 2017

IPO Closing Date: 23 November 2017

Listing Date: 1 December 2017

Listing Price on NSE SME: INR120 per share (down 0.8% from IPO price)

Closing Price on NSE SME: INR122 per share (up 0.8% from IPO price)

Silver Touch Technologies IPO
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13 thoughts on “Silver Touch Technologies IPO

  • November 25, 2017 at 10:22 AM
    Permalink

    When we check Allotment status, than its show record not found.
    Kisi ka allotment successs hua h Kya?

    Reply
    • November 25, 2017 at 11:15 AM
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      SAME POSITION.. SHOWING NO RECORD FOUND. MAY BE SOME MISTAKE. THE ISSUE WAS CLOSED ON 23/11/2017. IT IS UNLIKELY THAT ALLOTMENT IS OUT ON 24/11/2017.

      Reply
      • November 25, 2017 at 12:03 PM
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        Right
        Plz inform them it’s work properly.

        Reply
  • November 23, 2017 at 6:16 PM
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    Sure shot profit. This will give big gains, BJP is with it…

    Reply
  • November 21, 2017 at 6:52 PM
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    Wait and decide after listing

    Reply
  • November 21, 2017 at 3:19 PM
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    avoid. avoid.
    very expensive. Pl don””t be FOOL. Sure listing loss like Ashok Masala & Nouritrans Exim Ltd.

    Reply
  • November 20, 2017 at 10:16 PM
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    How can I invest in your iPo from Dehradun uttrakhand I mean bank name or broker at Dehradun or any online link?

    Reply
    • November 21, 2017 at 1:51 PM
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      Try netbanking of any major bank. All allows ipo applications nowa days.

      Reply
  • November 18, 2017 at 1:16 PM
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    Should definitely invest in this company for superb returns in short time.

    Reply
  • November 15, 2017 at 11:00 AM
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    CAN I INVEST IN THIS COMPANY?

    Reply

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