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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 promoters of the company are:
1. Mr Jesudas Premkumar Sebastian
The object of the issue are to:
1. Strategic acquisition(s) / joint venture;
2. General Corporate Purpose;
3. To meet Issue expenses.
| IPO Opening Date | Dec 28, 2015 |
| IPO Closing Date | Dec 31, 2015 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹25 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,700,000 Eq Shares of ₹10 (aggregating up to ₹4.25 Cr) |
The OFS Technologies IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹150,000 |
| Maximum | 1 | 6000 | ₹150,000 |
| Listing Date | Thursday, January 14, 2016 |
| BSE Script Code | 539570 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE742R01013 |
| IPO Price | ₹25 per equity share |
| Face Value | ₹10 per equity 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 equity 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 6000 Shares.
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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