Business

Olatech Solutions IPO: Check Allotment, Price, Review, Analysis & GMP

Published

2 years ago

August 25, 2022

The date for Olatech Solutions‘ initial public offering (IPO) had been set: 12 August to 19 August 2022. Olatech Solutions Limited is offering commercial services including BSS (Operations Support System and Business Support System) segment, and IT Software solutions in the OSS, Telecom, Enterprise, and Data Centre.

They offer software system integration (transformation) services, and solutions to customers in both India and abroad. Under the trademark registration “Epiphany,” they propose solutions.

Software solutions including data center infrastructure administration, device authentication, secure user, analytics, administration, network monitoring, and several other NOC tools are just a few of Olatech Solutions’ major services. Ola Tech Solutions has ISO 9001:2015 certification and is a certified MSME and participant in the Startup India Initiative of the Indian government.

Data Center Services, Cloud, Managed Services, System Integration, Network Services, and Software Development are some of the services offered by the business. Bharat Electronics, Government of India, Ministry of Electronics and Information Technology, Nepal Telecom, ESDS Software, CloudExcel, Sterlite Tech, Dialogic, HGC, ALEPO, Tata Communications, TataSky Broadband, Tata TeleServices Limited, and many others are some of their principal clients of Olatech Solutions.

Olatech Solutions GMP

Olatech Solutions is a BSE SME IPO. This company aims to raise ₹1.89 crores via an initial public offering. The IPO price band of this company is fixed at ₹27. The market lot is set at 4000 shares. However, at present the value at which the stock is trading in the Grey Market is ₹8, thus the GMP is ₹8, making the total value subject to ₹4500.