IPO Schedule
1
Open
2 Sept
2
Close
4 Sept
3
Allotment
8 Sept
4
Listing
10 Sept
Optivalue Tek Consulting Ltd IPO
Issue:₹84
List:₹103.6
CMP:₹79
NSELot: 1600IT - Software
LISTEDSME
Issue Price₹84
Listing₹103.6
Current₹79
Content
About Optivalue Tek Consulting Ltd
Optivalue Tek Consulting Ltd is an SME focused on providing IT consulting and related services. The company primarily caters to [Target Industry] offering solutions in [Mention specific services like software development, cloud migration, etc if known].
Subscription Status
QIB
0.12x
NII
7.44x
Retail
1.48x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 49.27x | 0.12x | 0.12x |
| NII | 118.82x | 12.60x | 7.44x |
| Retail | 49.64x | 4.61x | 1.48x |
| Total | 64.45x | 5.06x | 2.38x |
Risk Factors
•SME IPOs are inherently riskier due to their smaller size, limited operating history, and potentially volatile stock prices.
•Dependence on a limited number of clients or specific industry verticals could expose the company to revenue concentration risk.
•Intense competition in the IT consulting sector from both large multinational corporations and smaller, specialized firms.
Promoters & Management
The Board consists of 5 directors: Mr. Ashish Kumar (Promoter and Managing Director), Ms. Ragini Jha (Promoter and Whole Time Director), Mr. Sumit Kumar (Independent Director), Mr. Ankit Aggarwal (Independent Director), and Mr. Girish Kamal Gupta (Independent Director). Mr. Ashish Kumar has over 13 years of experience in Information Technology. Ms. Ragini Jha has over 12 years of experience in the business. Mr. Girish Kamal Gupta has over 14 years of experience as a Practicing Chartered Accountant. Mr. Sumit Kumar is an Associate member of Institute of Chartered Accountants Institute of India. Mr. Ankit Aggarwal is a practicing chartered accountants since September 2012 and having experience of 12+ years in the field of Audit & Taxation. The company is dependent on a number of key managerial personnel, including our senior management, and the loss of or our inability to attract or retain such persons with specialized technical know-how could adversely affect our business, results of operations, cash flows and financial condition.