π Key Dates
- Issue opens: September 2, 2025
- Issue closes: September 4, 2025
- Allotment date: September 8, 2025
- Demat credit: September 9, 2025
- Listing on NSE SME: September 10, 2025
π° IPO Size & Price
- Type: SME Book Built Issue
- Total Issue Size: βΉ51.82 crore (fresh shares only)
- Price Band: βΉ80 β βΉ84 per share
- Face Value: βΉ10 each
- Lot Size: 1,600 shares (Investment ~βΉ1.28 β 1.34 lakh)
π Subscription (Day 1)
- Overall: ~2.3 times subscribed
- QIB: Lower response
- NII (HNI): Strong demand (5Γ+)
- Retail: Moderate response (1.4Γ)
π’ Company Profile
Optivalue Tek Consulting, founded in 2011, works in digital transformation and enterprise modernization.
- Services include: cloud migration, DevOps, data integration, AI solutions, BSS/OSS transformation, and mobile/web development.
- Delivered 500+ IT projects across more than 20 countries.
- Offices in Bengaluru, USA, and Australia.
π Financial Highlights (βΉ Crore)
Year | Revenue | Net Profit | Assets | ROE |
---|---|---|---|---|
FY24 | 36.7 | 5.5 | 28.9 | ~31% |
FY25 | 56.5 | 12.1 | 47.2 | ~38% |
Strong growth in both top line and bottom line with improving margins.
π― Use of Funds
- Expansion of operations (new office in Bengaluru)
- Product development
- IT upgrades (hardware & software)
- Working capital needs
- General corporate purposes
π‘ Grey Market Premium (GMP)
- Trading around βΉ15 above issue price, indicating a possible listing near βΉ99β100.
- Suggests around 18% listing gain potential, though subject to market sentiment.
β Takeaway: Optivalue Tek Consulting IPO is showing strong demand from investors, especially NIIs. With healthy financial growth and expansion plans, it could be an attractive option for those exploring SME IPOs.