Silver Touch Technologies Ltd IPO

Closed

Subscription Details

  • Open Date 20 Nov
  • Close Date 23 Nov
  • Lot Size 1000
  • IPO Size ₹ 40.22 Cr
  • IPO Price Range ₹ 121
  • Min Investment ₹ 121000

Silver Touch Technologies Ltd IPO Timeline

Open Date
20 Nov
Close Date
23 Nov
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 33,24,000 equity shares of face value of Rs. 10 each (equity shares) of Silver Touch Technologies Limited (the company) for cash at a price of Rs. 121 per equity share (including a share premium of Rs. 111 per equity share) (the offer price), aggregating to Rs. 40.22 crores (the offer) through an offer for sale comprising of 14,94,000 equity shares by Mr. Vipul H Thakkar, 14,94,000 equity shares by Mr. Jignesh A Patel, 70,080 equity shares by Mr. Minesh V Doshi and 2,65,920 equity shares by Mr. Palak V Shah, of which 1,74,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 121 per equity share, aggregating to Rs. 2.11 crores 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 31,50,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 121 per equity share, aggregating to Rs. 38.12 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.39% and 25.01% respectively of the fully diluted post offer paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the offer price of Rs. 121 is 12.10 times of the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Silver Touch Technologies Ltd IPO

Contact Information

Address

2nd Flr Saffron,
Nr. Panchwati Circle Ambawadi,
Ahmedabad, Gujarat 380006

Silver Touch Technologies Ltd IPO Lead Manager

Chartered Capital and Investment Ltd
Open Demat Account