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Olatech Solutions IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Information Technology - Data Solutions sector. Shreni Shares is the merchant banker of Olatech Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th May 2022.
Olatech Solutions IPO open date is 12th August 2022 and close date is 19th August 2022. IPO Allotment Date is 24th August 2022 and Listing date is 29th August 2022.
IPO
Size:
₹ 1.89 Cr.
Avg IPO Size (Sector Based)
: ₹
21.63 cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
2.62
cr. 
PE
Ratio:
18.00x
Average Sector PE Ratio: 18.61x
Olatech Solutions IPO size is ₹ 1.89 Cr. with IPO price of ₹ 27.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Olatech Solutions IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Shreni Shares Private Limited for Olatech Solutions IPO.
Olatech Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Olatech Solutions IPO, based in Mumbai, operates in the Information Technology - Data Solutions sector with a focus on software solutions in telecom and IT. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Olatech Solutions IPO size is ₹ 1.89 Cr. with fresh issue size of ₹ 1.89 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Olatech Solutions IPO is expected to be 24th August 2022, after the finalization of basis of allotment. Investors can check Olatech Solutions IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Olatech Solutions IPO refund dates are 25th August 2022.
Olatech Solutions IPO is expected to be listed on 29th August 2022.
The upper price band for the Olatech Solutions IPO is set at ₹ 27.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Olatech Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Olatech Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th August 2022. After submission, funds are blocked until the basis of allotment of Olatech Solutions IPO is finalised.
The merchant banker for Olatech Solutions IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Olatech Solutions IPO RHP for further details.
The registrar for Olatech Solutions IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Olatech Solutions IPO through their official website or helpline.
Olatech Solutions IPO was subscribed 598.82 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1.89 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.63 Cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 2.53 cr.
PE
Ratio:
18.00x
Average Sector PE Ratio: 18.61x
Olatech Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Olatech Solutions Financial Review Page
Merchant Banker(s) of Olatech Solutions IPO: Shreni Shares Limited
Olatech Solutions IPO subscription was 598.82 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Olatech Solutions IPO listed at a listing price of 53.85 against the offer price of 27.00.
The current market price of Olatech Solutions is 336.50.
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