A small-cap company in the IT industry is Softrak Venture Investment Limited. The business was established on December 24, 1993. The company offers specialised software solutions based on robust technologies such as Java, Java Script, PHP, Open Source, Android & iOS OS, Microsoft Asp.net, and My SQL, to mention a few. It is one of India’s top software development companies, with headquarters in Ahmedabad, Gujarat, and branches in Delhi NCR. Following the Board’s announcement of the record date for a 1:10 stock split, Softrak Venture Investment’s shares finished Wednesday at a 5% upper circuit limit at Rs 35.96 per share on the BSE, with a market valuation of Rs 162.10Cr.

Softrak Venture Investment Stock Split

“Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Friday, 21t March, 2025 has been fixed as the Record Date to ascertain the eligibility of Shareholders for the purpose of sub-division / split of the Equity Shares of the Company such that every 1(One) Equity Share having nominal/face value of Rs. 10/- (Rupees Ten Only) each be sub-divided into 10 (Ten) Equity Shares having nominal/face value of Rs. 1/- (Rupees One Only) each,” said Softrak Venture Investment in a stock exchange filing.

Softrak Venture Investment Financials

As per Moneycontrol, the company’s net sales for the December 2024 quarter were Rs 2.57 crore, rising 24863.11% from the December 2023 quarter’s Rs 0.01 crore. The company’s net profit for the quarter that ended in December 2024 was Rs. 1.09 crore, increasing 155385.71% from Rs. 0.00 crore for the quarter that ended in December 2023. From Rs. 0.00 crore in Q3FY24 to Rs. 1.09 crore in Q3FY25, EBITDA was almost flat.

Softrak Venture Investment Share Price Target

“Softrak Venture stock price is bearish on the Daily charts with strong resistance at 37.5. A Daily close below support of 32.3 could lead to a target of 28 in the near term,” commented A R Ramachandran, Independent Research Analyst.

Disclaimer

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