PERFORMANCE OF INITIAL PUBLIC OFFERINGS (IPOs)

Company Name

INFO-TECH SYSTEMS LTD.

Market

MAINBOARD

Date of Listing

Jul 04 2025

No. of shares Offered (mln)

70.900

Subscription Level

times

Par Value

SGD

Offer Price

SGD 0.8700

Amount Raised (mln)

SGD 61.683

1st Day Closing Price

SGD 0.9100

1st Day Closing Price against Offer Price

Premium/Discount

SGD 0.040
4.5980 %

Closing Price as at 2025-07-15

SGD0.880

Market Capital as at 2025-07-15

227040000.00

Closing Price as at 2025-07-15 against Offer Price

Premium/Discount

SGD0.010
1.149425287356322 %

Issue Manager/Sponsor

Oversea-Chinese Banking Corporation Limited and CGS International Securities Singapore Pte. Ltd.

COMPANY PROFILE

Date of Incorporation

06/27/2007

Place of Incorporation

Singapore

Type of business

The Company is a leading provider of cloud-based human resource management software ("HRMS") designed for SMEs in Singapore and Malaysia. The Company's HRMS consists of various modules which are essential to the human resource function of its clients. The Company also provides a proprietary cloud-based accounting software ("Info-Tech Accounting Software") to complement its HRMS. The Company's HRMS and Info-Tech Accounting Software are deployed via the cloud under a "software as a service" model.