Bookbuilding IPO | ₹35 Cr | Listed at BSE, NSE | Thu, Jul 19, 2007 - Wed, Jul 25, 2007
Omnitech InfoSolutions IPO is a book build issue of ₹35.00 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹35.00 crore.
Omnitech InfoSolutions IPO bidding started from Jul 19, 2007 and ended on Jul 25, 2007. The shares got listed on BSE, NSE on Aug 14, 2007.
Omnitech InfoSolutions IPO price band is set at ₹105 per share. The lot size for an application is 60. The minimum amount of investment required by an retail is ₹6,300 (60 shares) (based on upper price). The lot size investment for sNII is 32 lots (1,920 shares), amounting to ₹2,01,600, and for bNII, it is 159 lots (9,540 shares), amounting to ₹10,01,700.
The issue includes a reservation of up to 1,66,667 shares for employees offered at a discount of ₹0.00 to the issue price.
UTI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Omnitech InfoSolutions IPO RHP for detailed Information.
IPO Open
Thu, Jul 19, 2007
IPO Close
Wed, Jul 25, 2007
Issue Price
₹105 per share
Market Cap (Pre-IPO)
₹137.96 Cr
| IPO Date | 19 to 25 Jul, 2007 |
| Listed on | Tue, Aug 14, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹90 to ₹105 |
| Issue Price | ₹105 per share |
| Lot Size | 60 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 33,33,333 shares (agg. up to ₹35 Cr) |
| Fresh Issue | 33,33,333 shares (agg. up to ₹35 Cr) |
| Share Holding Pre Issue | 98,05,950 shares |
| Share Holding Post Issue | 1,31,39,283 shares |
| BSE Script Code / NSE Symbol | 532882 / OMNITECH |
| ISIN | INE810H01019 |
Omnitech InfoSolutions IPO comprises a total issue size of 33,33,333 shares. The net offer to the public is 31,66,666 shares, after excluding 1,66,667 shares under a preferential allotment. Of the Net offer 15,83,333 (50.00%) are allocated to QIB, 4,75,000 (15.00%) allocated to NII 11,08,333 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 15,83,333 | 50.00% | 47.50% | NA |
| NII (HNI) Shares Offered | 4,75,000 | 15.00% | 14.25% | NA |
| Retail Shares Offered | 11,08,333 | 35.00% | 33.25% | 18,472 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,66,667 | 5.00% | NA | |
| Total Shares Offered | 33,33,333 | 100.00% | 100.00% | |
Investors can bid for a minimum of 60 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹6,300 |
| Retail (Max) | 31 | 1,860 | ₹1,95,300 |
| S-HNI (Min) | 32 | 1,920 | ₹2,01,600 |
| S-HNI (Max) | 158 | 9,480 | ₹9,95,400 |
| B-HNI (Min) | 159 | 9,540 | ₹10,01,700 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1990, Omnitech InfoSolutions Limited is a technology service provider and is dedicated to deliver a wide range of technology services as well as technology-enabled services. Omnitech offers business availability services, business continuity services, systems integration solutions, and framework solutions and products.
In business availability services Omnitech provides services such as infrastructure management services, application management services & software testing services. In business continuity services, Omnitech provide services such as disaster recovery management and disaster recovery consulting and auditing.
Omnitech has a large client base across the globe in different industry segments like BFSI (Banking, Financial Services & Insurance), Manufacturing, Utilities, Services, Government bodies, etc. Our clients include amongst others, prominent companies such as HDFC Standard Life Insurance Company Limited, CRISIL Limited and Citibank and Tandberg Data (a Singapore based company).
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To fund acquisition(s) / strategic investments and/or to alternatively set up new technology center; | 19.50 |
| 2 | To set up overseas offices for business expansion | 2.66 |
| 3 | To enhance our existing facilities | 7.50 |
| 4 | To set up new technology centrre(s) | 6.50 |
| 5 | To meet issues expenses | 3.25 |
| 6 | Contingencies | 0.84 |
| Total | 40.25 |
| KPI | |
|---|---|
| RoNW | 38.87% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 74.63% |
| Market Cap | ₹137.96 Cr. |
The Omnitech IPO is subscribed 61.84 times on July 25, 2007 5:00:00 PM (Day 5). The public issue subscribed 50.95 times in the retail category, 61.75 times in the QIB category, and 108.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Management fees, underwriting commission and brokerage | 1.14 |
| 2 | Marketing and advertisement expenses | 0.47 |
| 3 | Stationary, printing and registrar expenses | 1.20 |
| 4 | Others | 0.44 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹105.00 | ₹105.00 |
| Open | ₹183.75 | ₹183.75 |
| Low | ₹155.00 | ₹160.20 |
| High | ₹183.75 | ₹183.75 |
| Last Trade | ₹164.55 | ₹163.40 |
Lead Manager Reports
Omnitech InfoSolutions IPO is a main-board IPO of 33,33,333 equity shares of the face value of ₹10 aggregating up to ₹35 Crores. The issue is priced at ₹105 per share. The minimum order quantity is 60.
The IPO opens on Thu, Jul 19, 2007, and closes on Wed, Jul 25, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Omnitech InfoSolutions IPO using UPI as a payment gateway. Zerodha customers can apply in Omnitech InfoSolutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Omnitech InfoSolutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Omnitech InfoSolutions IPO opens on Thu, Jul 19, 2007 and closes on Wed, Jul 25, 2007.
Omnitech InfoSolutions IPO lot size is 60, and the minimum amount required for application is ₹6,300.
You can apply in Omnitech InfoSolutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Omnitech InfoSolutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Omnitech InfoSolutions IPO allotment status.
The Omnitech InfoSolutions IPO listing date is on Tue, Aug 14, 2007.
