The initial public offer (IPO) of Optivalue Tek Consulting received bids for 96,99,200 shares as against 22,00,000 shares on offer, as per NSE data as of 17:00 hours on Tuesday (2 September 2025). The issue was subscribed 4.40 times.
The issue opened for bidding on Tuesday (2 September 2025) and it will close on Thursday (4 September 2025). The price band of the IPO is fixed between Rs 80 to 84 per share. The minimum order quantity is 1,600 equity shares. The equity shares will list on NSE’s SME platform.
The IPO comprises fresh issue of 22,00,000 shares. The promoter and promoter shareholding will dilute to 68.53% from 94.61% Pre-IPO.
About 1,12,000 quity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 20,88,000 equity shares. The issue and the net issue will constitute 27.56% and 26.16% respectively of the post issue paid up equity share capital of the company.
The company intends to utilize the net proceeds for capital expenditure for purchase of machineries, working capital and general corporate purposes.
Ahead of the IPO, Optivalue Tek Consulting on Monday, 1 September 2025, raised Rs 14.58 crore from anchor investors. The board allotted 17.36 lakh shares at Rs 84 per share to 10 anchor investor.
Optivalue Tek Consulting is a technology consulting firm specializing in enterprise modernization and digital transformation solutions. The company provides a broad range of services, including cloud solutions, data integration, DevOps, AI-driven analytics, and digital engineering. It also offers expertise in web and mobile application development, as well as telecommunications solutions, particularly in BSS/OSS transformation. In addition to its core offerings, Optivalue Tek places a strong emphasis on cutting-edge technologies such as generative AI, data science, and intellectual property accelerators. These focus areas enable businesses to drive innovation, enhance operational efficiency, and stay competitive in an increasingly digital world. As of 31 July 2025, the company had 18 employees.
The company recorded revenue from operations of Rs 60.91 crore and net profit of Rs 1.41 crore for the period ended 31 March 2025.