247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

OFS Technologies Limited IPO (OFS Technologies IPO) Details

OFS Technologies Limited is an Information Technology based company, located in Bangalore, OFS Technologies Limited IPO size was 4.25 Cr. and was issued at 25.00 per share. The share of OFS Technologies Limited were listed at 27.35 per share and are currently trading at 2.98 per share.

Type :
Sub Sector : Software Product Development
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
9.64 Cr.

PAT :
2.24 Cr.

Pricing Report

Issue Price :
25.00

Listing Price :
27.35

Current Market Price :
2.98

Issue Price vs CMP :
22.02 (88.08%)

listing Price vs CMP :
24.37 (89.10%)

Performance Report (CAGR* wise)

CAGR : -21
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About OFS Technologies

Company Information
OFS Technologies Limited is a software development and information technology outsourcing firm with its own ERP product division catering to the food processing industry. Established in 2008, the company has its registered office in Bangalore, India, and its development center in the Software Technology Park of India, Chennai. The company specializes in helping software-enabled businesses design, develop, test, and maintain their software products and applications, whether hosted, licensed, or mobile.

The company covers the entire software product development life-cycle, including maintenance, quality assurance testing, and support, all while maintaining cost-efficiency. Understanding the need for businesses to keep pace with rapid changes, the company focuses on delivering solutions that are not only cost-effective but also fast to deploy, highly scalable, and reliable. The company has expanded
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Object of Issue
  • Strategic acquisition(s / joint venture
  • General Corporate Purposes
  • To meet Issue expenses

OFS Technologies SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jan, 2016
IPO Size :
4.25 Cr.
PE Multiple :
7.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

OFS Technologies operates in Information Technology and Software Product Development. The Issue is listed on BSE SME in Jan, 2016. OFS Technologies IPO size was 4.25 Cr. with Issue price of 25.00 .

OFS Technologies IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

OFS Technologies IPO listed at a listing price of 27.35 against the offer price of 25.00.

The current market price of OFS Technologies is 2.98.

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