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graph-market IPO

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 27.00-0.00 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 27.00  

Projects

  • Funding working capital requirements
  • General corporate purposes

Promoted By

Amit Kumar Singh

Listing At

BSE - SME

Registrar to the Issue

No Data Available

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