Tech consulting company Optivalue Tek Consulting's share was listed at ₹103.60 on the NSE SME platform on Tuesday, against an issue price of ₹84, giving investors a listing gain of 23%. The company plans to utilize the ₹51.82 crore raised from the IPO for new products, branch expansion, and technology upgrades.
Optivalue IPO Listing: Optivalue Tek Consulting had a b listing on the NSE SME platform on Tuesday. The company's shares were issued at an issue price of ₹84 and listed at ₹103.60 with a premium of 23%, later climbing to ₹106.40. The ₹51.82 crore IPO, which was open from September 2 to 4, received over 64 times subscriptions. The funds raised will be used by the company for new product development, opening a new branch in Bengaluru, upgrading existing technology, and meeting working capital requirements. The company's net profit has increased to ₹12.14 crore in fiscal year 2025.
IPO Received a Strong Response
Optivalue Tek Consulting's ₹51.82 crore IPO was open from September 2 to 4. It saw b participation from investors. Overall, the issue received 64.45 times subscription. The Qualified Institutional Buyers' portion was subscribed 49.27 times, Non-Institutional Investors' portion 118.82 times, and Retail Investors' portion 49.64 times. Thus, this IPO is considered one of the most successful issues of 2025.
Significant Profit on Listing
The company issued its shares at an issue price of ₹84. On the NSE SME, the share was listed at ₹103.60. This means investors received a listing gain of 23.33 percent. After listing, the share saw further momentum and surged to ₹106.40. This implies that early investors are now in a profit of 26.67 percent.
Utilization of Funds Raised
The company has decided to utilize the ₹51.82 crore raised through the IPO for several purposes. The company will invest approximately ₹12.77 crore in the development of new products. ₹1.70 crore will be spent on opening a new branch office in Bengaluru. Additionally, ₹6.05 crore will be invested in upgrading existing software and hardware. The remaining amount will be used for working capital needs and other corporate purposes.
Company's Business Operations
Optivalue Tek Consulting was founded in June 2011. The company offers services such as data integration, cloud solutions, AI analytics, telecom solutions, web and mobile app development, and digital engineering. The company has a special focus on Generative AI, Data Science, and Intellectual Property Accelerators. Its headquarters are in Bengaluru, and it also has offices in Sugar Land, Texas, USA, and Burwood, New South Wales, Australia.
Company's Financial Health
Looking at the company's financial health, there has been consistent strengthening in its profits. In fiscal year 2023, the company recorded a net profit of ₹2.77 crore. This increased to ₹5.49 crore in the following year, 2024. In fiscal year 2025, the company's net profit reached ₹12.14 crore.
The company's total income saw fluctuations during this period. In fiscal year 2023, total income was ₹39.27 crore, which decreased to ₹36.73 crore in 2024. However, in 2025, it rapidly increased to ₹56.47 crore.
