Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Ospyn Technologies Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Ospyn Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Oct 23, 2024 |
| SEBI/Exchange approval received | Tue, Feb 11, 2025 |
| SEBI approval expired | Wed, Feb 11, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% ofthe Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2009, Ospyn Technologies Limited is a software solutions provider specializing in AI-driven content, data, and process automation.
With a strong focus on content-centric process automation, Ospyn Technologies Limited empowers organizations across industries such as BFSI, government, education, and healthcare to improve efficiency and agility. By centralizing enterprise content and automating workflows, the company ensures seamless operations and faster turnaround times.
Key Business Offerings
Ospyn Technologies Limited’s flagship product, OspynDocs DMS, is designed to optimize document handling and automate workflows. The platform enables organizations to store, manage, and access documents securely while ensuring compliance and enhancing collaboration.
International Presence
Ospyn Technologies Limited operates internationally through its subsidiary Ospyn Star Technologies, LLC in Dubai and through sales representatives and consultants across the Middle East. The company serves customers across India, the Middle East, and the USA, with India contributing 91% of revenue, the Middle East 5%, and the USA 4% in Fiscal Year 2024.
Client Base
Ospyn Technologies Limited has built a strong, diversified client base, including organizations from banking, government/PSUs, BPO/IT, insurance, and healthcare sectors.
Workforce Strength
As of March 31, 2024, Ospyn Technologies Limited employed 476 personnel, including 468 employees and 8 contract workers, supporting the company’s commitment to delivering innovative and reliable software solutions.
| Period Ended | 31 Mar 2024 |
|---|---|
| Assets | 36.01 |
| Total Income | 33.59 |
| Profit After Tax | 5.64 |
| NET Worth | 20.55 |
| Reserves and Surplus | 6.55 |
| Total Borrowing | 6.69 |
| Amount in ₹ Crore | |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 4.50 |
| 2 | Funding working capital requirements of the Company | 11.00 |
| 3 | General Corporate Purposes |
| KPI | Mar 31, 2024 |
|---|---|
| Debt/Equity | 0.33 |
| RoNW | 27.42% |
| PAT Margin | 17.38% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.8% |
Lead Manager Reports
Ospyn Technologies IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Ospyn Technologies IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ospyn Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Ospyn Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ospyn Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ospyn Technologies IPO dates are not announced. Please check back again after some time.
Ospyn Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Ospyn Technologies 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 Ospyn Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ospyn Technologies IPO allotment status.
The Ospyn Technologies IPO listing date is not yet announced. The tentative date of listing is .
