Sirisoft Public Company Limited, a provider of consulting, design, and development of information technology systems for organizations, is ready to be traded on the MAI Stock Exchange on 10 Oct. 2023 with a security value at the IPO price of 2,560. million baht. Use the abbreviation "SRS" in securities trading.
Mr. Praphan Charoenprawat, Manager of the MAI Stock Exchange (mai), revealed that the mai Stock Exchange welcomes PCL. Sirisoft listed and began trading on mai under the Technology Segment. Using the abbreviation for securities trading as "SRS" on 10 Oct. 2023.
SRS conducts business of consulting, designing and developing information technology systems for organizations. With expertise through DevOps (Development and Operations) working methods and developing systems or software with architecture. Microservices Helps deliver work quickly and effective The company holds 100% of shares in S.R.S. Integration Company Limited. It operates a consulting business and develops Cyber Security systems, providing services to information technology personnel. and comprehensive related services The Group partners with leading product owners such as Red Hat, Oracle, Dynatrace and Huawei, with key customers being private businesses. Such as the financial institution group, retail group, for the six-month period ending June 30, 2023, the group has income from services: income from sales in the proportion of 63: 37 percent and there is work in progress that has not yet been completed. Delivered approximately 526 million baht
SRS has paid-up capital of 80 million baht with a par value of 0.50 baht per share, consisting of 120 million existing common shares and
40 million additional common shares, offered for sale to individuals at the underwriter's discretion in full amount Between 2 - 4 Oct. 2023 at a price of 16 baht per share, equivalent to an offering value of 640 million baht. Securities value at the IPO price of 2,560 million baht. The determination of the IPO share price is calculated as the ratio of price to net profit per share. (P/E ratio) at approximately 38.37 times, calculating net earnings per share from net profits over the past 4 quarters. (From 1 July 2022 to 30 June 2023), which is equal to 66.72 million baht divided by the total number of common shares after this share offering (fully diluted), equivalent to a net profit per share of 0.42 baht. with Pioneer Advisory Company Limited as a financial advisor and a securities company CGS-CIMB (Thailand) Co., Ltd. is the underwriter and underwriter of the common shares.
Mr. Siriwat Thanurawet, Chief Executive Officer of Sirisoft Public Company Limited, revealed that the company has been an expert in developing DevOps and Microservices systems or software for over 7 years, with a team and personnel with expertise and experience. Passed international training and received a certificate. (Certificates) from various product owners, able to develop work in a timely manner to meet customer needs in terms of efficiency, budget, and speed. Helps increase competitive ability The money raised from this fundraising will be used to develop and improve software for use within the organization. Recruiting and developing personnel to develop systems or software, including expanding office space to increase service potential. and use it as working capital in the business
SRS has major shareholders after registration, namely the group of Mr. Siriwat Thanurawet holding 74.25% of shares and Mr. Natthaphon Thanatechawong holding 0.75% of shares. The company has a policy of paying dividends to shareholders at a rate of not less. More than 50% of the net profit of the company's separate financial statements After deducting corporate income tax and allocation of various reserve funds
Investors and interested parties can see details From the company's prospectus at the SEC's website at www.sec.or.th and general information of the company at www.sirisoft.co.th and www.set.or.th .
Source: Thai News Agency