Olatech Solutions Limited IPO
BSE SME₹108,000 / 4000 Shares
Olatech Solutions Limited IPO Details
The Olatech Solutions Limited IPO price band is set between ₹27 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 12 Aug, 2022 and closes on 19 Aug, 2022. Investors can check the allotment status on 24 Aug, 2022, while the listing date is tentatively scheduled for 29 Aug, 2022.
The total issue size is 700,000 shares of ₹10, aggregating up to ₹1.89 Cr. Stay tuned for the latest Olatech Solutions Limited IPO review and GMP updates.
Olatech Solutions Limited IPO Review, Rating & Analysis
Olatech Solutions Limited IPO Review
NO REVIEWOlatech Solutions Limited IPO Rating
Olatech Solutions Limited IPO Highlights
IPO Date
Aug 12, 2022 - Aug 19, 2022
Listing Date
29 Aug, 2022
Face Value
₹10 Per Equity Share
Price Band
₹27 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Olatech Solutions Limited IPO Lot Size
The minimum market lot for Olatech Solutions Limited IPO is 4000 shares with an application amount of ₹1,08,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,08,000 |
| Retail (Max) | 1 | 4000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 36000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 40000 | ₹10,80,000 |
Olatech Solutions Limited IPO Timeline
Issue Price
₹27 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
SHRENI SHARES PRIVATE LIMITEDIssue Size
700,000 shares of ₹10(aggregating up to ₹1.89 Cr)Olatech Solutions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 21 | 186.1 | 147.37 | 22.36 | - | - | - |
| 31 Mar 21 | 148.69 | 549.23 | 12.32 | - | - | - |
| 31 Mar 20 | 189.2 | 835.35 | 51.58 | - | - | - |
| 31 Mar 19 | 71.01 | 74.21 | 10.41 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Amit Kumar Singh
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 92% | % |
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.
Olatech Solutions Limited IPO Subscription 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 |
Frequently Asked Questions about Olatech Solutions Limited IPO IPO
When will Olatech Solutions Limited IPO open for subscription?
The Olatech Solutions Limited IPO opens on 12 Aug, 2022 and closes on 19 Aug, 2022.
What is the investors portion for Olatech Solutions Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 328000.
How to apply for Olatech Solutions Limited IPO?
You can apply for Olatech Solutions Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Olatech Solutions Limited IPO?
The issue size of Olatech Solutions Limited IPO is approx ₹700,000 shares of ₹10(aggregating up to ₹1.89 Cr) crores.
What is the price band of Olatech Solutions Limited IPO?
The price band for Olatech Solutions Limited IPO is ₹27 per equity share to ₹undefined.
What is the lot size of Olatech Solutions Limited IPO?
The minimum bid (lot size) for Olatech Solutions Limited IPO is N/A shares with an investment of approx ₹108,000 .
What is the allotment date of Olatech Solutions Limited IPO?
The allotment date for Olatech Solutions Limited IPO is 24 Aug, 2022.
What is the listing date of Olatech Solutions Limited IPO?
The listing date for Olatech Solutions Limited IPO is expected to be 29 Aug, 2022.
What is the GMP of Olatech Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Olatech Solutions Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.