Olatech Solutions Limited IPO
BSE SMEListed On: Aug 29, 2022 at ₹ 51.30
₹ 216000 /8000 Shares
*Min Investment
12 Aug, 2022
Open Date19 Aug, 2022
Close Date24 Aug, 2022
Allotment Date29 Aug, 2022
Listing DateIPO Issue Details
- Issue Price ₹27 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 700,000 shares of ₹10(aggregating up to ₹1.89 Cr)
- Listing at BSE SME
- List Price 51.30
- Listing Date 2022-08-29
- Lead Manager SHRENI SHARES PRIVATE LIMITED
- Registrar Skyline Financial Services Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Olatech Solutions Limited IPO is an SME IPO, priced at ₹27 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Aug 12, 2022 to Aug 19, 2022. The allotment is expected to be finalized on Aug 24, 2022, and the tentative listing date is Aug 29, 2022.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 328,000 | 328,000 | 656,000 |
Day 1 12-08-22 05:00 PM | 2.28 x | 10.87 x | 6.57 x |
Day 2 16-08-22 05:00 PM | 4.21 x | 39.72 x | 21.96 x |
Day 3 17-08-22 05:00 PM | 19.55 x | 117.38 x | 68.46 x |
Day 4 18-08-22 05:00 PM | 79.52 x | 358.32 x | 218.92 x |
Day 5 19-08-22 05:00 PM | 517.71 x | 679.94 x | 598.82 x |
Valuations
Company Financials
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 186.1 | 148.69 | 189.2 | 71.01 |
| Revenue | 147.37 | 549.23 | 835.35 | 74.21 |
| Profit After Tax | 22.36 | 12.32 | 51.58 | 10.41 |
About Company
Olatech Solutions Limited is engaged in the business of Data Centre, Enterprise, Telecom and IT Software solutions in the OSS - BSS (Operations Support System and Business Support System) segment. The company's software solutions are offered under the registered trademark Epiphany.
Olatech Solutions Limited offers software solutions such as NOC tools, Network Monitoring, Management & Analytics, System Integration Services, Telecom Tower Installation, Network Deployment, Server Virtualization Services, IT Equipment Installation and Management Services, Data Centre Infrastructure Management Solutions, etc. The company has clients across different verticals such as Telcos, ISPs, Enterprises, Data Centre Service Providers and Public Sector.
The company is an ISO 9001:2015 certified company for software development, hardware deployment services, telecom services of installation & commissioning, telecom projects, software training, and government & non-government IT projects.
- Promoter(s)
Mr. Amit Kumar Singh
Pre Issue Share Holding : 92%
Post Issue Share Holding : %
IPO - Issue Objectives
Funding working capital requirements.
General corporate purposes.
IPO - FAQs
Ans. Olatech Solutions Limited IPO is a SME IPO. The issue is priced at ₹27 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Aug 12, 2022, and closes on Aug 19, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Olatech Solutions Limited IPO opens on Aug 12, 2022 and closes on Aug 19, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Olatech Solutions Limited IPO is 700,000 shares of ₹10(aggregating up to ₹1.89 Cr).
Ans. The Olatech Solutions Limited IPO price band is set between ₹27 per equity share.
Ans. To apply for Olatech Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Olatech Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Olatech Solutions Limited IPO is Aug 24, 2022.
Ans. The Olatech Solutions Limited IPO will be listed on Aug 29, 2022.
Ans. Follow the steps to check the Olatech Solutions Limited IPO allotment status online.
