Olatech Solutions Limited deals in business in the field of data centers, enterprise, telecommunications and IT software solutions in the segment OSS – BSS (Operations Support System and Business Support System). 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 Center Infrastructure Management Solutions, etc. has clients in various verticals such as telcos, internet service providers, enterprises, data center service providers and public sector.
The company is an ISO 9001:2015 certified company for software development, hardware deployment services, telecom installation and commissioning services, telecom projects, software training and government and non-government IT projects.
Competitive Strengths
- Experienced Promoter and a well-trained employee base.
- Strengthen human capital.
- Technology and Quality Certifications.
- Our solutions are robust, trusted & industry proven.
- Cost Advantage and Centre of Excellence.
Company Promoters
- Mr. Amit Kumar Singh
Company Financials
| Particulars | 31 Dec 2021 | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|---|
| Total Assets | 186.1 | 148.69 | 189.2 | 71.01 |
| Total Revenue | 147.37 | 549.23 | 835.35 | 74.21 |
| Profit After Tax | 22.36 | 12.32 | 51.58 | 10.41 |
Object Of The Issue
- General corporate purposes.
- Funding working capital requirements.
Olatech Solutions IPO – Details
| IPO Opening Date | 12 August 2022 |
| IPO Closing Date | 19 August 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹1.89 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹27 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Olatech Solutions IPO – Date Schedule
| IPO Open Date | 12 Aug 2022 |
| IPO Close Date | 19 Aug 2022 |
| Basis of Allotment Date | 24 Aug 2022 |
| Initiation of Refunds | 25 Aug 2022 |
| Credit of Shares to Demat Account | 26 Aug 2022 |
| IPO Listing Date | 29 Aug 2022 |
Olatech Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,08,000 |
| Maximum | 1 | 4000 | 1,08,000 |
Olatech Solutions IPO Promoter Holding
| Pre Issue Share Holding | 92% |
| Post Issue Share Holding | 64.48% |
Olatech Solutions IPO Prospectus
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/ |
Olatech Solutions IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ |
Olatech Solutions IPO Lead Manager(s)
| 1. SHRENI SHARES PRIVATE LIMITED |
Olatech Solutions IPO FAQs
| What is Olatech Solutions IPO? Olatech Solutions IPO is a SME IPO. The issue is priced at ₹27 per equity share. The IPO is to be listed on BSE SME. |
| When Olatech Solutions IPO will open? The IPO is to open on 12 August 2022 for NII and Retail Investors. |
| What is Olatech Solutions IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Olatech Solutions IPO? You can apply Olatech Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Olatech Solutions IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Olatech Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Olatech Solutions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Olatech Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Olatech Solutions IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Olatech Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Olatech Solutions IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Olatech Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Olatech Solutions IPO Size? Olatech Solutions IPO size is ₹1.89 crores. |
| What is Olatech Solutions IPO Price Band? Olatech Solutions IPO Price Band is ₹27. |
| What is Olatech Solutions IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,08,000 amount while the maximum bid is 4000 shares with ₹1,08,000. |
| What is the Olatech Solutions IPO Allotment Date? Olatech Solutions IPO allotment date is 24 August 2022. |
| What is the Olatech Solutions IPO Listing Date? Olatech Solutions IPO listing date is 29 August 2022. The IPO is to list on BSE SME. |
