The Silver Touch Technologies IPO date has confirmed from November 20, 2017 and ended on November 23, 2017.
Using an IPO, Silver Touch Technologies is seeking to raise Rs 40.22 crores. Its price is ₹121 per share.
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Bidding Dates
November 20-23
Price Range
₹121 per share
Face Value
₹10 per share
GMP
₹703.40
Silver Touch Technologies IPO GMP
The Silver Touch Technologies Limited IPO GMP is ₹703.40.
IPO Overview
The Silver Touch IPO has a fixed price of Rs 40.22 crores. The offering consists wholly of 33.24 lakh shares for sale. Bidding for the Silver Touch IPO began on November 20, 2017 and closed on November 23, 2017. On December 1, 2017, the shares were listed on the NSE SME. The IPO price for Silver Touch is 121 per share.
Silver Touch provides a wide range of services relating to IT requirements of its clients. Some of the services offered by the company are as under:
- eGovernance Services
- Software Services including Application Development, Support and Maintenance
- System Integration Services
- SAP Services
- Social Media Marketing Services
- Mobile Application Services
Silver Touch Technologies IPO Details
IPO Date | November 20, 2017 to November 23, 2017 |
Listing Date | December 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 Technologies Listing Day Trading Information
Price Details | NSE SME |
---|---|
Final Issue Price | ₹121.00 |
Open | ₹120.00 |
Low | ₹120.00 |
High | ₹126.00 |
Last Trade | ₹122.00 |
Silver Touch IPO Listing Details
Listing Date | December 1, 2017 |
BSE Script Code | |
NSE Symbol | SILVERTUC |
ISIN | INE625X01018 |
Final Issue Price | ₹121 per share |
Company Profile

Silver Touch Technologies Limited, founded in 1995, is an Ahmadabad-based provider of end-to-end Information and Communication Technology (ICT) solutions. The company has completed projects in India and abroad. As of July 31, 2017, the company employed 1042 people. In addition, for the month of July 2017, there were 192 contract labours.
Registrar Info
Name | Link Intime India Private Ltd |
Phone number | +91-22-4918 6270 |
Email ID | silvertouch.ipo@linkintime.co.in |
Website | linkintime.co.in |
Contact Details
Name | Silver Touch Technologies Ltd |
Phone number | +91-79-2656 3158 |
Email ID | cs@silvertouch.com |
Website | silvertouch.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.