Strong Investor Demand Lifts Optivalue Tek Consulting IPO on Opening Day​

New Delhi, September 2, 2025 – The initial public offering (IPO) of Optivalue Tek Consulting Limited opened to robust demand on Tuesday, with investors across categories placing heavy bids, particularly at the upper price band of ₹84 per share.

Founded in 2011 and headquartered in New Delhi, Optivalue Tek Consulting provides end-to-end technology consulting and digital transformation services. Its offerings include enterprise modernisation, telecom OSS/BSS implementation, API management, cloud and DevOps/SRE, AI-driven analytics, core banking solutions, and data engineering. The company has executed more than 500 projects across 20 countries, serving clients in telecom, banking, high-tech, energy, and retail sectors.

Subscription Status

Optivalue Tek Consulting’s IPO received a strong debut on day one of its bidding. The IPO was highly in demand as it got oversubscribed on the first day of subscription itself.

The rally was led by the NII segment, which clearly stood out with 7.43 times subscription, with large bidders applying for over ₹10 lakh worth of shares. Retail investors also had a positive response, with a 1.46 times subscription.

Anchors investors had already fully subscribed to their portion, QIBs, however, remained a bit cold towards the IPO, with only a 0.12 time subscription. The overall subscription so far is 2.37 times.

IPO Details

Optivalue Tek’s ₹51 crore IPO is a 100% fresh issue of 61.7 lakh equity shares. The IPO will be made under the book-building process with the price band set at ₹80 – ₹84 per share. It opened for subscription today, September 2, 2025, and will stay open till September 4, 2025. During this period, investors can bid in multiples of the stock lot size, which is 1,600 shares (₹1.34 lakh at the upper band). Post the bidding period, the company will emerge on September 10, 2025, with Share India Capital as lead manager, Choice Equity Broking as market maker, and Cameo Corporate Services acting as registrar.

Other Issues

Before the company opened its IPO for public subscription, it raised ₹14.58 crore by allotting 17.36 lakh shares at ₹84 each to anchor investors. The issue was made on September 1 and involved several prominent participants, including Mint Focused Growth Fund PCC – Cell I, Minerva Emerging Opportunities Fund, NAV Capital Emerging Star Fund, and Sunrise Investment Opportunities Fund.

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