
IT & Technology Services · BSE
Olatech Solutions Limited operates in the Data Centre, Enterprise, Telecom, and IT software sectors, specializing in OSS-BSS (Operations Support System and Business Support System) solutions under its registered trademark "Epiphany." The company provides software and IT solutions including NOC tools, network monitoring, management and analytics, system integration, telecom tower installation, network deployment, server virtualization, IT equipment installation and management, and data centre infrastructure management. Its clientele spans telecom operators, ISPs, enterprises, data centre service providers, and public sector organizations. Olatech Solutions Limited is ISO 9001:2015 certified for software development, hardware deployment, telecom installation and commissioning, telecom projects, software training, and both government and non-government IT projects.
Price Band
₹27
Issue Size
₹1.89 Cr
Lot Size
4000 shares
GMP
+111.1%
Est. Listing
₹57
at current GMP
Subscribed
598.82x
overall
Open
12 Aug 2022
Close
19 Aug 2022
Allotment
24 Aug 2022
Refund
25 Aug 2022
Demat Credit
26 Aug 2022
Listing
29 Aug 2022
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
24 Aug 2022
Basis finalization
Refunds Initiate
25 Aug 2022
Mandate release
Demat Credit
26 Aug 2022
Shares in demat
Listing Debut
29 Aug 2022
Trading begins
Olatech Solutions Limited is bringing an initial public offering (IPO) in the IT & Technology Services sector with an aggregate issue size of ₹1.89 Crores. The shares are offered at a price band of ₹27 to ₹27 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-08-19, the basis of allotment is scheduled to be finalized on 2022-08-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.