Silver Touch Technologies Limited is an Ahmedabad-based company incorporated in 1995. The company provides comprehensive Information and Communication Technology (ICT) solutions to its clients. Silver Touch has executed projects in India and abroad, catering to various industries such as healthcare, education, eGovernance, and finance.
The company offers a wide range of IT services, including eGovernance services, software services (such as application development, support, and maintenance), system integration services, SAP services, social media marketing services, and mobile application services. The company’s expertise in these services enables it to provide end-to-end ICT solutions to its clients, helping them meet their IT requirements efficiently. Silver Touch’s focus on providing quality services and its experience in executing projects across various industries make it a reliable partner for its clients.
Silver Touch IPO Details
| IPO Date | Nov 20, 2017 to Nov 23, 2017 |
| Listing Date | Dec 1, 2017 |
| Face Value | ₹10 per share |
| Price | ₹121 per share |
| Lot Size | |
| Total Issue Size | 3,324,000 shares (aggregating up to ₹40.22 Cr) |
| Offer for Sale | 3,324,000 shares of ₹10 (aggregating up to ₹40.22 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Silver Touch IPO Listing Details
| Listing Date | Dec 1, 2017 |
| BSE Script Code | |
| NSE Symbol | SILVERTUC |
| ISIN | INE625X01018 |
| Final Issue Price | ₹121 per share |
Industry Overview
The software development segment is one of the significant contributors to the industry, driven by the increasing demand for customized software solutions. The system integration segment is also gaining traction, primarily due to the need for businesses to integrate their existing IT systems with new ones. The eGovernance segment is also growing, driven by the government’s focus on digitization and providing citizen-centric services.
The industry’s future growth prospects are promising, with the increasing adoption of digital solutions across various industries and the growing trend of remote work. The need for businesses to adopt digital solutions to stay competitive is expected to drive the industry’s growth.
Company Financials
| Company 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 |
Objects of the Issue
The objectives of the offer are to achieve the benefits of listing the Equity Shares on the Stock Exchange and to carry out the Offer for Sale.
Silver Touch IPO Prospectus
Company Contact Information
Silver Touch Technologies Ltd
2nd Floor, Saffron,
Nr. Panchwati Circle, Ambawadi,
Ahmedabad 380 006
Phone: +91-79-2656 3158
Email: cs@silvertouch.com
Website: https://www.silvertouch.com/in/
Silver Touch IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: silvertouch.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Silver Touch IPO Lead Manager(s)
- Chartered Capital And Investment Limited (Past IPO Performance)
