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
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Silver Touch Technologies IPO details |
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| 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)
The Stock is available at very cheaper valuation. Get info about preferential issued shares @ https://www.nseindia.com/emerge/corporates/content/STTL_PROSP.pdf
Buy this stock to double the funds within few years. Check out prospectus page 63 @ https://www.nseindia.com/emerge/corporates/content/STTL_PROSP.pdf
CAN I INVEST IN THIS COMPANY?
Should definitely invest in this company for superb returns in short time.
How can I invest in your iPo from Dehradun uttrakhand I mean bank name or broker at Dehradun or any online link?
Try netbanking of any major bank. All allows ipo applications nowa days.
avoid. avoid.
very expensive. Pl don””t be FOOL. Sure listing loss like Ashok Masala & Nouritrans Exim Ltd.
avoid
Wait and decide after listing
Sure shot profit. This will give big gains, BJP is with it…
When we check Allotment status, than its show record not found.
Kisi ka allotment successs hua h Kya?
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.
Right
Plz inform them it’s work properly.