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.
- Our solutions are robust, trusted & industry proven.
- Technology and Quality Certifications.
- Strengthen human capital.
- Cost Advantage and Centre of Excellence.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 71.01 | 74.21 | 10.41 | 65.37 | 64.37 |
| 31-Mar-20 | 189.2 | 835.35 | 51.58 | 116.96 | 115.96 |
| 31-Mar-21 | 148.69 | 549.23 | 12.32 | 129.28 | 128.28 |
| 31-Dec-21 | 186.1 | 147.37 | 22.36 | 151.64 | 150.64 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding working capital requirements.
- General corporate purposes.
Olatech Solutions IPO Details
| Olatech Solutions IPO Date | Aug 12, 2022 to Aug 19, 2022 |
| Olatech Solutions IPO Face Value | ₹10 per share |
| Olatech Solutions IPO Price | ₹27 per share |
| Olatech Solutions IPO Lot Size | 4000 Shares |
| Issue Size | 700,000 shares of ₹10 (aggregating up to ₹1.89 Cr) |
| Fresh Issue | 700,000 shares of ₹10 (aggregating up to ₹1.89 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Amit Kumar Singh is the company promoter. |
Olatech Solutions IPO Lot Size
The Olatech Solutions IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹108,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹108,000 |
| Maximum | 1 | 4000 | ₹108,000 |
Olatech Solutions IPO Promoter Holding
| Pre Issue Share Holding | 92% |
| Post Issue Share Holding |
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/