Octaware Technologies Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 452,800 (47%) | — | ₹408 Cr |
| Retail | — | 452,800 (47%) | — | ₹408 Cr |
| Market Maker | — | 49,600 (5%) | — | ₹4 Cr |
| Σ Total | — | 955,200 (100%) | — | ₹8,597 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| S-HNI (Min) | 14 | 22,400 | ₹2,016,000 |
| B-HNI (Min) | 67 | 107,200 | ₹9,648,000 |
Financial Statements Amount in Rs Cr
| Metric | 30-Sep-16 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 364 | 731 | 552 |
| Profit After Tax | 109 | 150 | 115 |
| Total Assets | 937 | 849 | 575 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Investment in the subsidiary company – Octaware Technologies Gulf FZE – 3.42
- General Corporate Purposes – 0.39
Company Overview
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.