Octaware Technologies Ltd IPO

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Public issue of 9,55,200 equity shares of Rs. 10 each (equity shares) of Octaware Technologies Limited (OTL or the company or the issuer) for cash at a price of Rs. 90 per share (the issue price), aggregating to Rs. 8.60 crores (the issue), consisting of fresh issue of 4,45,200 equity shares aggregating to Rs. 4.01 crores and an offer for sale of 5,10,000 equity shares by the selling shareholders aggregating to Rs. 4.59 crores (offer for sale), of which 49,600 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 9,05,600 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.60% and 25.22%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 9.00 times of the face value.

Octaware Technologies Ltd IPO Subscription Details


Octaware Technologies Ltd

Issue Type

Fixed Price - SME

Open Date

17 Mar

Close Date

24 Mar

Offer Price


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  • Enter the number of lots and price at which you wish to apply for
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  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Octaware Technologies Ltd IPO

Company Contact Information

Octaware Technologies Ltd IPO
204 Timmy Arcade Makwana Road,
Marol Naka Andheri (East),
Mumbai, Maharashtra 400059.

Phone: 91-22-28293949/91-8898068880
Email: investor@octaware.com

Octaware Technologies Ltd IPO Register

Cameo Corporate Services Ltd

Octaware Technologies Ltd IPO Lead Manager(s)

  • Aryaman Financial Services Ltd

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