Olatech Solutions Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Aug 2022

Close Date

19 Aug 2022

Allotment

24 Aug 2022

Listing Date

29 Aug 2022

Exchange

BSE SME

Price Band

₹27

Listing Price

See chart

Allotment Status

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Price Band

₹27

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

7,00,000 shares (aggregating up to ₹1.89 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

16,40,000 shares

Promoters

Post-IPO Holding

23,40,000 shares

Promoters

P/E (Pre)

18x

UPI Deadline

2022-08-19

Mandate

Anchor AllotmentThu, 11 Aug 2022

Basis of AllotmentWed, 24 Aug 2022

Refund InitiationThu, 25 Aug 2022

Demat CreditFri, 26 Aug 2022

Listing DayMon, 29 Aug 2022

UPI Mandate Deadline2022-08-19

Sale TypeFresh Capital

Net Offer to Public6,56,000 shares (aggregating up to ₹1.77 Cr)

Market Maker Quota44,000 shares (aggregating up to ₹0.1188 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Olatech Solutions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Aug 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	44,000	—	₹0.12
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	700,000	100%	₹1.89

IPO Shares Offered

Olatech Solutions Ltd. IPO total issue size: ₹1.89 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	44,000	₹0.12	6.29%
Total	700,000	₹1.89	100.00%

* Based on upper price band ₹27 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹27.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹216,000
Retail (Max — 13 Lots)	13	52,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,344,000

* Issue Price ₹27 × Lot Size 4,000 shares

IPO Schedule

Anchor

11 Aug 2022

✓ Done

IPO Open

12 Aug 2022

✓ Done

IPO Close

19 Aug 2022

✓ Done

Allotment

24 Aug 2022

✓ Done

Refunds

25 Aug 2022

✓ Done

Demat Credit

26 Aug 2022

✓ Done

Listing Day

29 Aug 2022

✓ Done

₹27.00

INR · BSE

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Issue ₹27.00 Live Price

About Olatech Solutions Ltd.

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.Competitive 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.

Olatech Solutions Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹549.2

31-Mar-21

₹835.4

31-Mar-20

₹74.2

31-Mar-19

Profit After Tax (PAT)

₹12.3

31-Mar-21

₹51.6

31-Mar-20

₹10.4

31-Mar-19

Particulars	31-Mar-19	31-Mar-20	31-Mar-21
Revenue from Operations	74.21	835.35	549.23
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	10.41	51.58	12.32
Net Worth	65.37	116.96	129.28
Total Assets	71.01	189.20	148.69
Reserves & Surplus	64.37	115.96	128.28
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered7,00,000 (100.00%)

Net Offer to Public6,56,000 shares (aggregating up to ₹1.77 Cr)

Reserved for Market Maker44,000 shares (aggregating up to ₹0.1188 Cr)

Pre-Issue Promoter Holding16,40,000 shares

Post-Issue Promoter Holding23,40,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Shreni Shares Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Olatech Solutions Ltd. IPO subscribed? ▲

Olatech Solutions Ltd. IPO is subscribed 1.00 times by Aug 19, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Olatech Solutions Ltd. IPO retail subscription status? ▼

The Olatech Solutions Ltd. IPO retail category is subscribed 1.00 times as of 19 Aug 2022. The retail portion is oversubscribed.

How to subscribe Olatech Solutions Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Aug 2022 and closes 19 Aug 2022. Min investment: ₹108,000 (1 lot = 4,000 shares). UPI mandate: 2022-08-19.

How many times Olatech Solutions Ltd. IPO subscribed? ▼

The Olatech Solutions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Olatech Solutions Ltd. IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Aug 2022. Refunds: on 25 Aug 2022.

When Olatech Solutions Ltd. IPO will be listed? ▼

The Olatech Solutions Ltd. IPO listing date is 29 Aug 2022, Monday. Listed on: BSE SME. Issue price: ₹27. Estimated listing: ₹27. GMP: NIL.

When Olatech Solutions Ltd. IPO close? ▼

The Olatech Solutions Ltd. IPO closes on 19 Aug 2022, Friday. UPI mandate: 2022-08-19. Allotment: 24 Aug 2022. Listing: 29 Aug 2022.

Quick Actions

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Live Price LIVE

Last Price₹27.00

Change—

Issue Price₹27.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹27

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹27

Subscribed1.00x

Open Date12 Aug 2022

Close Date19 Aug 2022

Allotment24 Aug 2022

Listing Date29 Aug 2022

ExchangeBSE SME

UPI Deadline2022-08-19