Silver Touch Technologies Ltd Ipo Subscription

Silver touch technologies ltd ipo subscription

Business description from prospectus – Silver Touch Technologies offers information technology solutions into multiple areas like System integration and Software Development.

Silver touch technologies ltd ipo subscription

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.

Silver touch technologies ltd ipo subscription

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 Dates20 – 23 November 2017
IPO Price bandINR121 per share
Fresh issue Nil
Offer for sale 3,324,000 shares (INR40.22 crore)
Total IPO size3,324,000 shares (INR40.22 crore)
Minimum bid (lot size)1,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Silver Touch Technologies’ consolidated financial performance (in INR crore)
Total revenue80.1 108.1114.7138.2118.647.2
Total expenses74.099.8112.4134.5113.844.6
Profit after tax4.

Silver Touch Technologies Limited
2nd Floor, Saffron

हिंदी IPO Review Silver Touch Technologies

Panchwati Circle, Ambawadi
Ahmedabad – 380 006

Phone: +91 79 2656 3158
Email:[email protected]


Subscription (no. of times)

Day 11.31
Day 21.67
Day 32.49
Day 410.42


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.

Vikhroli (West), Mumbai – 400 083
Maharashtra, India

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]

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 ltd ipo subscription