Optivalue Tek Consulting IPO

Optivalue Tek Consulting Ltd

₹1,28,000 /1600 sharesMinimum Investment

Optivalue Tek Consulting IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹84.00₹103.60₹19.60 (23.33%)

Optivalue Tek Consulting IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
2 Sep ‘25 - 4 Sep ‘25₹2,56,0001,600₹80 - ₹84
Issue SizeIPO Doc
51.82Cr
RHP PDF

Subscription rate

As of 04 Sep'25, 04:01 PM
Qualified Institutional Buyers17.11x
Non-Institutional Investor98.77x
Retail Individual Investor39.16x
Total42.52x

About Optivalue Tek Consulting

Optivalue Tek Consulting Limited, originally incorporated in 2011, is a technology consulting company offering a range of information technology (IT) solutions. The company specialises in managed services, enterprise application integration, application programming interface (API) management, core banking applications, cloud solutions, DevOps, and data engineering. Optivalue Tek provides consulting and software solutions across industries, such as retail, telecom, banking, high-tech, and energy, helping businesses integrate and optimise their IT infrastructure. The company also engages in hardware and software sales, along with export management and consultancy services. The company operates globally, delivering services to private, government, and government agency clients.;
Founded in
2011
Managing director
Mr Ashish Kumar
Parent organisation
Optivalue Tek Consulting Ltd

Strengths & Financials of Optivalue Tek Consulting

Strengths
Risks
Optivalue Tek Consulting claims to offer a robust and trusted range of solutions, including data integration, telecommunications, DevOps, web/mobile & app development, cloud solutions, data engineering, data science, digital engineering, and generative artificial intelligence (AI). These solutions cover software, services, and ongoing support, which not only attract new customers but also help maintain long-term relationships with existing ones.
The company claims to have a dedicated workforce with a strong blend of domain expertise and technical excellence. By combining these strengths, Optivalue Tek consistently delivers tailored solutions, meeting unique client needs and exceeding expectations through creative collaboration and precise execution.
Optivalue Tek emphasises the delivery of quality and timely services, adhering to strict standards to ensure minimal errors and on-time delivery. Its internal procedures for checking client orders at every stage are designed to maintain consistency and build customer loyalty.
The company claims to use the latest software technologies, including microservices-based development, Java, Hadoop, Spark, Kafka, Springboot, Golang, Python, and ReactJS. These technologies enable it to build scalable, flexible, and robust products.
Optivalue Tek views its employees as its most valuable asset, claiming to invest in their development through training, performance-based incentives, and professional growth opportunities. As of September 30, 2024, the company employed 71 full-time staff.
The top five customers accounted for Rs 14.12 crore (62.39 percent) of the company’s revenue in the period ended September 30, 2024, Rs 29.83 crore (81.59 percent) in FY24, Rs 25.01 crore (64.39 percent) in FY23, and Rs 22.17 crore (76.07 percent) in FY22. Any failure to retain these key customers or inability to expand the customer base can adversely affect the company’s revenue and profitability. Furthermore, since the company operates mainly on work orders and does not have long-term contracts with customers, it may face difficulty in ensuring consistent revenue streams.
The company, its promoters, and directors are involved in certain ongoing tax proceedings. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
Optivalue Tek Consulting Limited did not fulfil its corporate social responsibility (CSR) obligations under Section 135 of the Companies Act, 2013, for FY22. The company failed to transfer Rs 0.06 crore to the prescribed fund within the required timeframe, resulting in a shortfall. While the amount has since been paid to the PM Cares Fund, there is no assurance that the regulators will not initiate proceedings against the company.
As of the period ended September 30, 2024, the company had trade receivables of Rs 16.22 crore, a sharp increase from Rs 10.50 crore in FY24, Rs 8.08 crore in FY23, and Rs 10.03 crore in FY22. Any failure to collect these receivables on time or at all can negatively impact the business and its financial condition.
Optivalue Tek Consulting Ltd's revenue is entirely denominated in foreign currencies, primarily the US dollar, with 100 percent of its revenue from operations outside India in FY24, FY23, and FY22. Any sharp fluctuation in the exchange rate between the two currencies could negatively impact the company’s financials. While provisions are made for foreign exchange fluctuations, the company may still experience foreign exchange losses or gains, and managing such risks effectively is not guaranteed, potentially harming profitability.
The company reported negative cash flow from operating activities amounting to Rs 3.96 crore in FY22. Additionally, negative cash flow from investing activities amounted to Rs 0.21 crore in FY23. Furthermore, the company reported negative cash flow from financing activities amounting to Rs 0.42 crore for the period ended September 30, 2024, Rs 5.66 crore in FY24, and Rs 0.69 crore in FY23. If cash outflows continue to exceed inflows in the future, the company may face liquidity challenges.
As of the period ended September 30, 2024, the company had financial indebtedness of Rs 3.01 crore. Any failure to service or repay these loans can hurt the company’s operations and financial position.

Optivalue Tek Consulting Financials

*All values are in Rs. Cr
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Application Details of Optivalue Tek Consulting IPO

Apply asPrice bandApply Range
Individual investor80 - 84₹2 - 5 Lakh
For Optivalue Tek Consulting IPO, eligible investors can apply as Individual investor.