Fixed Price IPO | ₹20 Cr | Listed at NSE, BSE | Mon, Feb 16, 2004 - Mon, Feb 23, 2004
Four Soft IPO is a fixed issue price of ₹20.23 crores. The issue is entirely a fresh issue of 0.81 crore shares of ₹20.23 crore.
Four Soft IPO bidding started from Feb 16, 2004 and ended on Feb 23, 2004. The shares got listed on NSE and BSE on Mar 12, 2004.
Four Soft IPO is set final issue price at ₹25 per share.
Standard Chartered Securities (India) Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Mon, Feb 16, 2004
IPO Close
Mon, Feb 23, 2004
Issue Price
₹25 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 16 to 23 Feb, 2004 |
| Listed on | Fri, Mar 12, 2004 |
| Face Value | ₹5 per share |
| Issue Price | ₹25 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE, BSE |
| Total Issue Size | 80,90,300 shares (agg. up to ₹20 Cr) |
| Fresh Issue | 80,90,300 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 2,37,74,494 shares |
| Share Holding Post Issue | 3,18,64,794 shares |
| BSE Script Code / NSE Symbol | 532521 / PALREDTEC |
| ISIN | INE218G01033 |
Four Soft IPO comprises a total issue size of 79,50,000 shares. Out of which, 39,75,000 (50.00%) allocated to NII 39,75,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| NII (HNI) Shares Offered | 39,75,000 | 50.00% |
| Retail Shares Offered | 39,75,000 | 50.00% |
| Total Shares Offered | 79,50,000 | 100.00% |
Founded in 1999, Four Soft Limited was an Indian IT company that specialised in developing web-native software solutions for the global logistics, transportation, and supply chain management industries.
In October 2013, Four Soft sold its software product division to Kewill (which later rebranded as BluJay Solutions.
Following the sale, the original listed entity rebranded as Palred Technologies and transitioned into e-commerce and outsourced software development.
Before the 2013 acquisition, the company’s core technology included an integrated web-native portfolio used by top logistics companies globally.
The suite consisted of the following proprietary solutions:
Headquartered in Hyderabad, India, the company maintained a significant international footprint with regional offices across Europe, the United States, and the Asia-Pacific to service major enterprise clients like DHL, DB Schenker, and CEVA.
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|
| Total Income | 10.55 | 7.35 | 3.18 | 2.04 |
| Profit After Tax | 5.63 | 2.88 | 0.08 | 0.09 |
| NET Worth | 21.57 | 7.88 | 3.56 | 3.56 |
| Reserves and Surplus | 0.09 | 0.11 | 3.31 | 10.38 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Patni Computer Systems Ltd. | Mainboard | ₹431.00 Cr | ₹230 | null | ₹232.10 | +0.91% | (+0.00%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Facilities/Equipment | 3.06 |
| 2 | Product Development and R&D | 4.79 |
| 3 | International Marketing Set-up and Acquisition | 24.70 |
| 4 | IPO & Share Issue Expenses | 1.35 |
| Total | 33.90 |
| KPI | Mar 31, 2003 |
|---|---|
| RoNW | 38.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 67.21% | 50.37% |
The Four Soft IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 6.05 | 79,50,000 | 4,81,00,900 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Managers’ Fee | 0.35 |
| 2 | Printing & Stationery & Despatch | 0.12 |
| 3 | Brokerage | 0.25 |
| 4 | Advertisement & Issue Marketing Expenses | 0.25 |
| 5 | Legal & Miscellaneous | 0.38 |
| Total | 1.35 |
| Price Details |
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| Final Issue Price |
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Lead Manager Reports
Four Soft IPO is a main-board IPO of 80,90,300 equity shares of the face value of ₹5 aggregating up to ₹20 Crores. The issue is priced at ₹25 per share. The minimum order quantity is .
The IPO opens on Mon, Feb 16, 2004, and closes on Mon, Feb 23, 2004.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Zerodha customers can apply online in Four Soft IPO using UPI as a payment gateway. Zerodha customers can apply in Four Soft IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Four Soft IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Four Soft IPO opens on Mon, Feb 16, 2004 and closes on Mon, Feb 23, 2004.
Four Soft IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Four Soft IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Four Soft IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Four Soft IPO allotment status.
The Four Soft IPO listing date is on Fri, Mar 12, 2004.
