Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
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.
Octaware Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 49,600 | — | ₹0.45 Cr | — |
| TOTAL | 955,200 | 100.00% | ₹8.60 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| sNII (Min) | 14 | 22,400 | ₹2,016,000 |
| bNII (Min) | 68 | 108,800 | ₹9,792,000 |
| Particulars | 30-Sep-16 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 363.58 | 730.63 | 551.65 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 109.37 | 149.56 | 114.79 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 936.95 | 848.62 | 574.90 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |