Olatech Solutions IPO subscription status is to start on August 12, Friday. Olatech Solutions is an BSE SME IPO and has been subscribed by NII, and Retail investors. The company is to raise ₹1.89 crores via IPO. The IPO price band is fixed at ₹27 with a market lot of 4000 shares.
Olatech Solutions Limited is proving business services like Data Centre, Enterprise, Telecom and IT Software solutions in the OSS – BSS (Operations Support System and Business Support System) segment. They are providing software solutions and transformation services (System Integration) in India and Overseas clients. They are providing solutions under the registered trademark “Epiphany”.
IPOWatch View:
We recommend investors may apply for an IPO with caution. Investors should also look at the Retail and HNI numbers before investing. You can check the Olatech Solutions IPO allotment status here.
Olatech Solutions IPO Subscription Status (Live Update – Day 5)
Last Updated – 5:00| Category | Day 3 | Day 4 | Day 5 |
| NII | 19.55 | 79.56 | 517.71 |
| RII | 117.38 | 360.02 | 679.94 |
| Total | 68.46 | 219.79 | 598.82 |
Olatech Solutions IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Olatech Solutions IPO Date & Price Band
| Olatech Solutions IPO Open: | August 12, 2022 |
| Olatech Solutions IPO Close: | August 19, 2022 |
| Olatech Solutions IPO Size: | Approx ₹1.89 Crores, 700,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Olatech Solutions IPO Price Band: | ₹27 Per Equity Share |
| Olatech Solutions IPO Listing on: | BSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Olatech Solutions IPO Market Lot
The Olatech Solutions IPO minimum market lot is 4000 shares with a ₹108,000 application amount.
| Minimum IPO Lot Size: | Minimum 4000 Shares for 1 lot |
| Minimum Amount: | ₹108,000 for 1 lot |
Olatech Solutions IPO Subscription Dates
The Olatech Solutions IPO date is August 12 and the IPO close date is August 19. The IPO allotment date is August 24 and the IPO might list on August 29.
| Olatech Solutions IPO Open Date: | August 12, 2022 |
| Olatech Solutions IPO Close Date: | August 19, 2022 |
| Basis of Allotment: | August 24, 2022 |
| Refunds: | August 25, 2022 |
| Credit to Demat Account: | August 26, 2022 |
| Olatech Solutions IPO Listing Date: | August 29, 2022 |
Olatech Solutions IPO Form
How to apply Olatech Solutions IPO? You can apply Olatech Solutions IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Olatech Solutions IPO in the Invest section. The other option you can apply Olatech Solutions IPO via IPO forms download via the BSE website. Check out the Olatech Solutions forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
