Octaware Technologies Ltd IPO (Octaware Technologies IPO) Detail

Mar 17, 2017 - Mar 24, 2017

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.

Company Promoters:

The promoters of the company are:

1. Mr. Aslam Khan and
2. Mr. Sajid Hameed

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-16 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 936.95 848.62 574.90 461.24
Total Revenue 363.58 730.63 551.65 409.83
Profit After Tax (PAT) 109.37 149.56 114.79 133.91

Objects of the Issue:

The object of the issue are:

1. Investment in their subsidiary company – Octaware Technologies Gulf FZE
2. General Corporate Purposes.

Octaware Technologies IPO Details

IPO Opening DateMar 17, 2017
IPO Closing DateMar 24, 2017
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹90 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME
Issue Size955,200 Eq Shares of ₹10
(aggregating up to ₹8.60 Cr)

Octaware Technologies IPO Lot Size

The Octaware Technologies IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000).

ApplicationLotsSharesAmount (Cut-off)

Octaware Technologies IPO Subscription Status (Bidding Detail)

The Octaware Technologies IPO is subscribed times on Mar 24, 2017 18:20. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription

Octaware Technologies IPO Prospectus

Octaware Technologies IPO Rating

Rating:Rated 2.8 stars

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Octaware Technologies IPO Listing Date

Listing DateMonday, April 3, 2017
BSE Script Code540416
NSE Symbol
Listing InM Group of Securities
IPO Price₹90 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Octaware Technologies IPO Reviews / Ratings

Company Contact Information

Octaware Technologies Ltd
204, Timmy Arcade,
Makwana Road,
Marol. Andheri (East), Mumbai

Phone: +91–22–4023 1431
Email: investor@octaware.com
Website: http://www.octaware.com

Octaware Technologies IPO Registrar

Cameo Corporate Services Limited
   Cameo Corporate Services Ltd.,
   Subramanian Building # 1, Club House Road,
   Chennai 600 002 - India

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

Octaware Technologies IPO FAQs

  1. What is Octaware Technologies IPO?

    Octaware Technologies IPO is a SME IPO of 955,200 equity shares of the face value of ₹10 aggregating up to ₹8.60 Crores. The issue is priced at ₹90 per equity share. The minimum order quantity is 1600 Shares.

    The IPO opens on Mar 17, 2017, and closes on Mar 24, 2017.

    Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. When Octaware Technologies IPO will open?

    The Octaware Technologies IPO opens on Mar 17, 2017 and closes on Mar 24, 2017.

  3. What is the lot size of Octaware Technologies IPO?

    Octaware Technologies IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

  4. How to apply for Octaware Technologies IPO?

    You can apply in Octaware Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Octaware Technologies IPO allotment?

    The finalization of Basis of Allotment for Octaware Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Octaware Technologies IPO allotment status.

  6. When is Octaware Technologies IPO listing date?

    The Octaware Technologies IPO listing date is on Monday, April 3, 2017.

Octaware Technologies IPO Message Board

Ranked Members  Ranked Members

2. Prabhakaran Kuppusamy |May 11, 2017 16:11
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Very consistent company - share price never breaches 90-91.
Should exit with happiness that we are not making any loss.
1. NARENDRA KOTECHA |Mar 18, 2017 19:11
Pl give review of this issue

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