| Olatech Solutions Ltd |
|
Registered Office:
OfficeNo 310 3rdFlr Rupa Soli.,Mille. Business Park Thane-Bel
,
Navi Mumbai
-
400710
,
Maharashtra
, India.
Phone :
91-022-2778 0129 Fax:
Email : investor@olatechs.com
Website : www.olatechs.com
|
Initial public offering of 7,00,000 equity shares of face value of  10/- each ("Equity Shares") of Olatech Solutions Limited ("Olatech" or "The Company" or "The Company" or "The Issuer") for cash at a price of 27/- per equity share (including a premium of 17/- per equity share) ("Issue Price") aggregating to 1.89 crores ("The Issue") of which 44,000 equity shares aggregating to 0.12 croress will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 6,56,000 equity shares of face value of 10/- each at an issue price of 27/- per equity share aggregating to 1.77 crores ("Net Issue"). The issue and the net issue will constitute 29.91% and 28.03% of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is 10/- each and the issue price is 2.7 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 12-Aug-22 |
19-Aug-22 |
Rs27.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :4000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
1.33 |
|
| Project Financed through Current Offer |
1.89 |
|
| Post Issue Equity Share Capital |
2.34 |
|
| Issue Price |
Rs27.00 |
|
|