Object reference not set to an instance of an object. Olatech Solutions Ltd IPO - Olatech Solutions Ltd IPO Price, Issue Date & Details | Geojit

IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Olatech Solutions Ltd
Registered Office: OfficeNo 310 3rdFlr Rupa Soli.,Mille. Business Park Thane-Bel , Navi Mumbai - 400710 , Maharashtra , India.
Phone : 91-022-2778 0129   Fax:
Email :  investor@olatechs.com  
Website :  www.olatechs.com
Initial public offering of 7,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Olatech Solutions Limited ("Olatech" or "The Company" or "The Company" or "The Issuer") for cash at a price of (Rs)27/- per equity share (including a premium of (Rs)17/- per equity share) ("Issue Price") aggregating to (Rs)1.89 crores ("The Issue") of which 44,000 equity shares aggregating to (Rs)0.12 croress will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 6,56,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)27/- per equity share aggregating to (Rs)1.77 crores ("Net Issue"). The issue and the net issue will constitute 29.91% and 28.03% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is 2.7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Aug-22 19-Aug-22 (Rs)27.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 1.33
Shreni Shares Pvt Ltd
Project Financed through Current Offer 1.89  
Post Issue Equity Share Capital 2.34  
Issue Price (Rs)27.00  
Funding working capital requirementsGeneral corporate purposes
Promoted By
Amit Kumar Singh  
Listing At
Registrar to the Issue
Skyline Financial Services Pvt