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Incorporated in 2008, OFS Technologies Ltd is an IT company engaged in the business of software development. They are software development and Information technology outsourcing company with own ERP product division catering to the food processing industry.
They help software-enabled businesses to design, develop, test, and maintain their software products and applications, whether they are hosted, licensed, or mobile.
The object of the issue are to:
1. Strategic acquisition(s) / joint venture;
2. General Corporate Purpose;
3. To meet Issue expenses.
| OFS Technologies IPO Date | Dec 28, 2015 to Dec 31, 2015 |
| OFS Technologies IPO Face Value | ₹10 per share |
| OFS Technologies IPO Price | ₹25 per share |
| OFS Technologies IPO Lot Size | 6000 Shares |
| Issue Size | 1,700,000 shares of ₹10 (aggregating up to ₹4.25 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The promoters of the company are: 1. Mr Jesudas Premkumar Sebastian |
The OFS Technologies IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹150,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹150,000 |
| Maximum | 1 | 6000 | ₹150,000 |
Considering reasonable pricing of the IPO, investors can plan long term investment, as most of SME IPOs have given some rewards post listings in the process.
Read detail review...
OFS Technologies IPO Recommendation by Members OFS Technologies IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
| Listing Date | Thursday, January 14, 2016 |
| BSE Script Code | 539570 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE742R01013 |
| IPO Price | ₹25 per share |
| Face Value | ₹10 per share |
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OFS Technologies Ltd
No.510, 2nd Floor, 16th Cross,
2nd Stage, Indira Nagar,
Bangalore, Karnataka - 560038
Phone: +91 80 69999156
Email: info@ofstech.com
Website: http://www.ofstech.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
OFS Technologies IPO is a SME IPO of 1,700,000 equity shares of the face value of ₹10 aggregating up to ₹4.25 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.
The IPO opens on Dec 28, 2015, and closes on Dec 31, 2015.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The OFS Technologies IPO opens on Dec 28, 2015 and closes on Dec 31, 2015.
OFS Technologies IPO lot size is 6000 Shares and the minimum order quantity is .
You can apply in OFS 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.
The finalization of Basis of Allotment for OFS Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the OFS Technologies IPO allotment status.
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