Incorporated in 2005, Octaware Technologies Ltd is a software development company provides a range of information technology solutions. The company designs, develops, and maintains software systems and solutions. Company's services include custom software development, ECM/portal solution, ERP and CRM implementation, mobile platform solution, RFID solution, cloud and IT infrastructure services, consulting services and geospatial services.
Octaware provides specialized software application and product development services and solutions in the areas of healthcare, finance, and e-government industry. The company has proprietary products for domestic as well as international markets, such as PowerERM – Human Capital Relationship Management, Hospice – Healthcare and Citizen services solution, and iOnAsset – Inventory management and tracking System etc. These products are available as packaged products as well as software-as-a-service model integrated with legacy system.
The promoters of the company are:
1. Mr. Aslam Khan and
2. Mr. Sajid Hameed
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax (PAT)||109.37||149.56||114.79||133.91|
The object of the issue are:
1. Investment in their subsidiary company – Octaware Technologies Gulf FZE
2. General Corporate Purposes.
»» Issue Open: Mar 17, 2017 - Mar 24, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 955,200 Equity Shares of Rs 10 aggregating up to Rs 8.60 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 90 Per Equity Share
»» Market Lot: 1600 Shares
»» Minimum Order Quantity: 1600 Shares
»» Listing At: BSE SME
|Number of Bids Received|
|As on Date & Time||Total|
|Shares Offered / Reserved|
|Day 1 - Mar 17, 2017 21:10 IST||88000|
|Day 2 - Mar 20, 2017 20:00 IST||232000|
|Day 3 - Mar 21, 2017 18:40 IST||508800|
|Day 4 - Mar 22, 2017 18:50 IST||737600|
|Day 5 - Mar 23, 2017 18:00 IST||1168000|
|Day 6 - Mar 24, 2017 18:20 IST||1856000|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back