
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
Overall Subscription
598.82x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 350,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 105,000 | — | 0.00x |
| Retail Individual (RII) | 245,000 | — | 0.00x |
| Total | 700,000 | 0 | 598.82x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 61 | 36,528 | 598.82x |
| HNIs (10L +) | 1 | 599 | 599.00x |
| HNIs (2-10L) | 2 | 1,198 | 599.00x |
| Total Applications | 64 | 38,325 | 598.83x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Olatech Solutions Limited IPO is ₹30 per equity share. Based on the upper price band of ₹27 to ₹27 per equity share, the estimated listing price is ₹57 (+111.1% expected listing gain).
With a lot size of 4000 shares and current GMP of ₹30, the expected profit per application lot is approx ₹1,20,000 (+111.1% gain). Minimum application cost is approx ₹1,08,000.
The Olatech Solutions Limited IPO aggregate issue size is ₹1.89 Crores with an equity price band set at ₹27 to ₹27 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,08,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 598.82x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2022-08-24. Investors can verify status using PAN card or application number.
Olatech Solutions Limited shares are scheduled to list on BSE on 2022-08-29.