Olatech solutions IPO is engaged in the business of Data Centre, Enterprise, Telecom and IT Software solutions in the OSS – BSS segment. The company’s software solutions are offered under the registered trademark “Epiphany”.
Olatech solutions IPO – overview
| IPO Dates | 12-19 Aug 2022 |
| IPO Price | 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) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Olatech solutions IPO -Tentative Dates
| IPO Offer 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 |
| IPO Listing Date | 29 August 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2014, 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.
Strengths:
- Experienced Promoter and a well-trained employee base.
- The company’s solutions are robust, trusted & industry proven.
- Technology and Quality Certifications.
- Strengthen human capital.
- Cost Advantage and Centre of Excellence.
Objects of the Issue
- Funding working capital requirements.
- General corporate purposes.
Company Financials
| Particulars | 31-March-22 | 31-March -21 | 31-March-20 |
| Total Assets | 229.95 | 148.69 | 189.2 |
| Total Revenue | 262.15 | 549.23 | 835.35 |
| Profit After Tax | 35 | 12.32 | 51.58 |
Company Contact Information
Olatech Solutions Limited
Office No. 310, 3rd Floor, Rupa Solitaire,
Millennium Business Park, Thane-Belapur Road,
Mahape, Navi Mumbai – 400 710, Raigarh
Phone: 022 – 2778 0129
Email: investor@olatechs.com
Website: https://olatechs.com/
Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/
Lead Manager(s)
- SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
