Olatech Solutions IPO description – The Mumbai-based company 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 provides software solutions and transformation services (System Integration) to its clients and has deployed at various institutions in India and other regions also. Its 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.
Its customer base is also in countries like Singapore and Hongkong currently. Its sales through exports contributed 9.56%, 5.07% and 27.16% respectively from the revenue from operations for the year ended March 31, 2020, 2021 and 2022 respectively.
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.
Promoters of Olatech Solutions – Mr Amit Kumar Singh
Olatech Solutions IPO Details
| Subscription Dates | 12 – 19 August 2022 |
| Price Band | INR 27 per share |
| Fresh issue | 7,00,000 shares (INR 1.89 crore) |
| Offer For Sale | Nil |
| Total IPO size | 7,00,000 shares (INR 1.89 crore) |
| Minimum bid (lot size) | 4,000 share |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Olatech Solutions Financial Performance
| Â | FY2020 | FY2021 | FY2022 |
| Revenue | 835.35 | 549.23 | 262.15 |
| Expenses | 765.65 | 532.58 | 215.23 |
| Net income | 51.58 | 12.32 | 35.00 |
Olatech Solutions Offer News
Olatech Solutions Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.15 | 0.75 | 2.13 |
| PE ratio | – | – | 12.68 |
| RONW (%) | 44.11 | 9.53 | 21.31 |
| EBITDA (%) | 75.92 | 26.73 | 58.82 |
| NAV | 7.13 | 7.88 | 10.02 |
Olatech Solutions IPO GMP Daily Trend
| Date | Olatech Solutions IPO GMP | Kostak | Subject to Sauda |
Olatech Solutions IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 3,50,000 | 3,50,000 | 7,00,000 |
| Day 1 | 2.14 | 10.18 | 6.16 |
| Day 2 | 3.94 | 37.22 | 20.58 |
| Day 3 | 18.32 | 110.00 | 64.16 |
| Day 4 | 74.56 | 337.39 | 205.98 |
| Day 5 | 485.17 | 637.20 | 561.18 |
Olatech Solutions IPO Lead Manager
SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor,
Sea Lord CHS, Ram Nagar,
Borivali (West), Mumbai – 400 092,
Maharashtra, India
Phone: 022 – 2808 8456
E-mail: [email protected]
Website: www.shreni.in
Olatech Solutions Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D – 153A, First Floor,
Okhla Industrial Area, Phase – 1,
New Delhi – 110 020, India
Phone: 011 – 4045 0193/197
E-mail: [email protected]
Website: www.skylinerta.com
Olatech Solutions IPO Contact Details
OLATECH SOLUTIONS LIMITED
Office No. 310, 3rd Floor
Rupa Solitaire, Millennium Business Park
Thane-Belapur Road, Mahape
Navi Mumbai – 400 710
Raigarh, Maharashtra
Phone: 022 – 2778 0129
Email: [email protected]
Website: www.olatechs.com
Olatech Solutions IPO Allotment Status
Olatech Solutions IPO allotment is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Olatech Solutions IPO Timetable
| IPO Opening Date | 12 August 2022 |
| IPO Closing Date | 19 August 2022 |
| Finalisation of Basis of Allotment | 24 August 2022 |
| Initiation of refunds | 25 August 2022 |
| Transfer of shares to demat accounts | 26 August 2022 |
| Listing Date | 29 August 2022 |
| Opening Price on BSE SME | INR51.3 per share (up 90% from IPO price) |
| Closing Price on BSE SME | INR53.85 per share (up 99.44% from IPO price) |
Olatech Solutions IPO FAQs
What is Olatech Solutions offer size?
Olatech Solutions offer size is INR 1.89 crore.
What is Olatech Solutions IPO Price Band?
Olatech Solutions public offer price is INR 27 per share.
What is the lot size of Olatech Solutions IPO?
Olatech Solutions offer lot size is 4,000 shares.
What is Olatech Solutions IPO GMP today?
Olatech Solutions IPO GMP today is NA per share.
What is Olatech Solutions kostak rate today?
Olatech Solutions kostak rate today is NA per application.
What is Olatech Solutions Subject to Sauda rate today?
Olatech Solutions Subject to Sauda rate today is NA per application.
