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SoftTech Engineers Limited IPO (SoftTech Engineers IPO) Detail

April 27, 2018 - May 3, 2018

SoftTech Engineers IPO is a book built issue of Rs 22.81 crores.

SoftTech Engineers IPO bidding started from April 27, 2018 and ended on May 3, 2018. The shares got listed on NSE SME on May 11, 2018.

SoftTech Engineers IPO price band is set at ₹78 to ₹80 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹128,000.

Pantomath Capital Advisors Pvt Ltd and Small Industries Development Bank Of India (Sidbi) are the book running lead managers of the SoftTech Engineers IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to SoftTech Engineers IPO RHP for detailed information.

SoftTech Engineers IPO Details

IPO Date April 27, 2018 to May 3, 2018
Listing Date May 11, 2018
Face Value ₹10 per share
Price Band ₹78 to ₹80 per share
Lot Size 1600 Shares
Total Issue Size2,851,200 shares
(aggregating up to ₹22.81 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Market Maker portion144,000 shares

SoftTech Engineers IPO Reservation

SoftTech Engineers IPO offers 2,995,200 shares. 1,353,600 (45.19%) to NII, 1,353,600 (45.19%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered144,000 (4.81%)
NII (HNI) Shares Offered1,353,600 (45.19%)
Retail Shares Offered1,353,600 (45.19%)
Other Shares Offered144,000 (4.81%)
Total Shares Offered2,995,200 (100%)

SoftTech Engineers IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹128,000
Retail (Max) 1 1600 ₹128,000
Lot Size Calculator

About SoftTech Engineers Limited

Incorporated in 1996, Pune based SoftTech Engineers Limited is a software company which caters to the Architecture, Engineering, and Construction ("AEC") verticals.

The Company specializes in developing the product for e-governance and construction ERP products for smart city projects, municipal corporations, urban local bodies, development authorities and work organizations. It also offers 2D and 3D CAD based intelligent and machine learning driven technology which eliminates entire human intervention along with providing Cloud Technology enabled products offered as "SaaS".

Softtech started by launching its first product - STRUDS in the year 1996, which was used for Structural Analysis and Designing. In the year 2000, it launched another product, ESRGSR, which was also used on the same line. STRUDS and ESR GSR were acquired in the year 2011 by CSC (UK) Limited.

The Company also launched two new products viz., PWIMS and AutoDCR which have been the flagship products of the Company since its launch in the year 2004 and 2005 respectively. PWIMS provides a complete online solution to Public Works Department (PWD) for e-procurement and work management. AutoDCR is a software for automation of building permits approvals which is used by the government authorities in scrutinizing and automating the building permits based on the CAD based building plan which works on an online system and environment.

Riding on the success of these products, the Company in the year 2010 launched, OPTICON which caters to the needs of construction contractors and real estate companies by helping them in cost estimating, construction management and overall automation.

Softtech got another VC funding round from Rajasthan Venture Capital Fund in the year 2014 which acquired 26.77% stake in the Company.

The company has 433 employees working at its registered office and other client places.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 6,033.78 5,722.58 4,008.32 3,429.94 2,012.87
Total Revenue 4,711.63 4,432.53 3,594.36 2,567.60 2,195.63
Profit After Tax 615.96 361.77 212.29 254.14 97.82

Objects of the Issue (SoftTech Engineers IPO Objectives)

The Objects of the Issue are:

1. Product Development and Enhancement Costs;
2. Funding of the Domestic and International Product Penetration and Marketing Costs;
3. Repayment/ Pre-payment of certain unsecured borrowings availed by the Company; and
4. General corporate purposes.

SoftTech Engineers IPO Review (Apply)

[Dilip Davda]  

Investment for short to long term may be considered in this reasonably priced issue.

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SoftTech Engineers IPO Subscription Status (Bidding Detail)

The SoftTech Engineers IPO is subscribed 30.82 times on May 3, 2018 5:00:00 PM. The public issue subscribed 28.94 times in the retail category, times in the QIB category, and 31.21 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

SoftTech Engineers IPO Prospectus

SoftTech Engineers IPO Rating

Rating:Rated 4.1 stars
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SoftTech Engineers IPO Listing Details

Listing Date May 11, 2018
BSE Script Code
ISIN INE728Z01015
Final Issue Price ₹80 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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SoftTech Engineers Limited Contact Details

SoftTech Engineers Limited
'The Pentagon', Unit No. 5A,
Near Satara Road Telephone Exchange, Shahu College
Parvati, Pune 411009
Phone: +91-020-24218747

SoftTech Engineers IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

SoftTech Engineers IPO - Buy or Not

SoftTech Engineers IPO Recommendation Summary

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SoftTech Engineers IPO FAQs

SoftTech Engineers IPO is a SME IPO of 2,851,200 equity shares of the face value of ₹10 aggregating up to ₹22.81 Crores. The issue is priced at ₹78 to ₹80 per share. The minimum order quantity is 1600 Shares.

The IPO opens on April 27, 2018, and closes on May 3, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The SoftTech Engineers IPO opens on April 27, 2018 and closes on May 3, 2018.

SoftTech Engineers IPO lot size is 1600 Shares, and the minimum amount required is ₹128,000.

You can apply in SoftTech Engineers IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for SoftTech Engineers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SoftTech Engineers IPO allotment status.

The SoftTech Engineers IPO listing date is on May 11, 2018.
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SoftTech Engineers IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



154. Small Investor |   Link |  Bookmark |July 10, 2018 4:56:52 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
book loss rs 43500 in this stock

very sad
154.4. COMMONMAN |   Link |  Bookmark |July 11, 2018 6:09:21 PM (200+ Posts, 200+ Likes)
Small Investor when you know that this stock is Manipulated and being brought down everyday then why you are entering again and again ????

59. Small Investor Jun 21, 2018 3:56:12 PM
SoftTech Engineers Limited IPO

next target of softtech now reach aroun 45-50 in 5-10 days

sell sell

i also sold my 1 lot today @ 61

55.2. Small Investor Jun 20, 2018 4:27:23 PM
SoftTech Engineers Limited IPO


154.5. black & white hat |   Link |  Bookmark |July 12, 2018 11:35:50 AM
@Umang and coolaks. Sarvesvar might affected due to US-Iran conflict as India reduced import oil from Iran due to US pressure.
153. Carn Mohan |   Link |  Bookmark |July 11, 2018 8:57:58 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Today 50.5 my target near 45
152. Carn Mohan |   Link |  Bookmark |June 27, 2018 10:05:27 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Sold at Rs 92 on listing again buy target Rs 45
152.1. COMMONMAN |   Link |  Bookmark |June 28, 2018 12:13:39 AM (200+ Posts, 200+ Likes)
Tomm Keep For Buy@ 45/- Hopefully You will Get Delivery.
151. Small Investor |   Link |  Bookmark |June 21, 2018 4:57:32 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
new order m aakr retailers trapped ho gya do't now buy and sell if you have this stock

sell call
150. Small Investor |   Link |  Bookmark |June 21, 2018 4:56:12 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
next target of softtech now reach aroun 45-50 in 5-10 days

sell sell

i also sold my 1 lot today @ 61
149. Small Investor |   Link |  Bookmark |June 19, 2018 6:13:55 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
sir i hold one lot @ 58 leval can i sell it on bounce or Hold
149.3. Small Investor |   Link |  Bookmark |June 20, 2018 5:28:05 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
But phir se 57-58 aa gya ye share
149.4. Small Investor |   Link |  Bookmark |June 20, 2018 5:29:01 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
today i bough one lot of Soswal seeds @ 27.4
148. COMMONMAN |   Link |  Bookmark |June 20, 2018 2:54:47 PM (200+ Posts, 200+ Likes)
Best Strategy Will Be Instead Of Awaiting For Stock To Go Up.
Keep For Buying At 20% Down At LC.
How Many time Operator will sell at LC.
147. anura |   Link |  Bookmark |June 19, 2018 11:18:59 PM
i havee seen that lot of sme have u shape graph spreading a it will take time to get to 80..or some other magical news..
147.1. COMMONMAN |   Link |  Bookmark |June 19, 2018 11:56:11 PM (200+ Posts, 200+ Likes)
Today Operator Offloaded , Was Seller between 62-68 which he Accumulated Between 56-60.
New Rii Who Purchased On News Of Order got trapped.
146. anura |   Link |  Bookmark |June 19, 2018 11:16:59 PM
when are they posting results????
145. SecTheta |   Link |  Bookmark |June 18, 2018 9:26:27 PM
Big of this order news, operators dragged the price to the current levels so that they can grab as much as they can.. I think now it should start bull run from here.. don't sell tomorrow... Keep holding for 100+ levels..
145.3. COMMONMAN |   Link |  Bookmark |June 19, 2018 1:25:42 AM (200+ Posts, 200+ Likes)
Ya but Looks Upside of Max 10-15% which Will Be Still Far From Our Cost Prise... Now We Are Forecfully Long Term Investor.
145.4. SecTheta |   Link |  Bookmark |June 19, 2018 9:54:49 AM
Be + my friend. Jaisa ghusa hai waise bhag bhi sakta hai :)
144. anura |   Link |  Bookmark |June 18, 2018 4:45:03 PM

8 cr contract awarded by BMC ( brihanmumbai municipal cooperation)
144.1. COMMONMAN |   Link |  Bookmark |June 18, 2018 5:33:01 PM (200+ Posts, 200+ Likes)
That is Great News !!! Upward Movement Should Start..
144.2. SecTheta |   Link |  Bookmark |June 18, 2018 9:24:06 PM
Big positive... It should be a good trigger for the most awaited bull run...
143. Small Investor |   Link |  Bookmark |June 14, 2018 2:01:21 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
why soft tech down today
142. Carn Mohan |   Link |  Bookmark |June 11, 2018 12:30:40 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Already sold at 92.40 and again buy if available near 45
141. anura |   Link |  Bookmark |June 8, 2018 5:54:36 PM
100% delivery for last two days
141.1. COMMONMAN |   Link |  Bookmark |June 9, 2018 1:14:06 PM (200+ Posts, 200+ Likes)
100% Delivery because Operator is selling and operator is buying. No outiser is buying see vloume which is very less. This will stick in this range of 65-73. Will Take time.
Even if it crosses 70++ Then also buyer (operator) will keep for buy @ 65-67 Only.
140. anura |   Link |  Bookmark |June 8, 2018 5:57:08 PM
i also advice you to stop putting your bid to sell
139. anura |   Link |  Bookmark |June 8, 2018 5:54:13 PM
for last two days delivery percentage is 1005 which is a good sign...just hold on for a month..dont book loss.
138. COMMONMAN |   Link |  Bookmark |June 7, 2018 12:25:18 AM (200+ Posts, 200+ Likes)
Dear Promoter / Operator / LM

Right Now Although You Are Accumulating Shares @ Lower Prise ,
Normal RII Like Me Who Invested in Your company Are In loss , But No Issues . I Learnt My lessons But Will Make Difficult For LM To Get His Future sme To Get Fully Subscribed. Will Post On All Sme page.
I Have courage to make Loss So Facing It, But Do you Have Courage To Bring Back To Its Ipo Prise.
137. anura |   Link |  Bookmark |June 5, 2018 12:20:20 PM
all software firms are tradind above p/e of just be patient..i just did my reseach on some of the peers
137.1. Small Investor |   Link |  Bookmark |July 11, 2018 1:16:21 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
sir ab is stock pr kya view h aapka company dub gyi ya waps jump kregi
136. SecTheta |   Link |  Bookmark |June 5, 2018 12:13:36 PM
Can't say anything in this market Bhai.. buy right and hold tight!! :)
135. SecTheta |   Link |  Bookmark |May 29, 2018 9:53:14 AM
Sharp upmove is expected soon...keep this in Radar..
135.6. Small Investor |   Link |  Bookmark |June 1, 2018 2:44:52 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
sir i have
1 lot of Akshar Allotment @ 40
1 of Innovators buy on listing @ 72
1 of E2E @ 71
1 of Soft tech @ 84.2

pls give advise to me regarding above stock and long term period is More the 20-25 days Only

135.7. anura |   Link |  Bookmark |June 5, 2018 12:03:54 PM
when do you expect it to reach three figures