Registered Office:
2nd Flr Saffron,Nr. Panchwati Circle Ambawadi,
Ahmedabad - 380006,
Gujarat, India.
Phone : 91-79-26563158
Fax : 91-79-26561624
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.
Opens On
Closes On
Application
Allotment
20-Nov-17
23-Nov-17
121.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Chartered Capital and Investment Ltd
Project Financed through Current Offer
40.22
Post Issue Equity Share Capital
12.60