Optivalue Tek Consulting IPO opens for subscription. Check GMP, price band and other details

The Rs 51.82 crore IPO of Optivalue Tek Consulting will open for subscription on Tuesday and will close on Thursday. The company has set the price band at Rs 80–84 per share. The IPO is entirely a fresh issue of 61.7 lakh equity shares, aggregating up to Rs 51.82 crore.

Subscription details and lot size

Investors can bid for a minimum of 3,200 shares, requiring an investment of Rs 2.68 lakh at the upper end. For high-net-worth individuals (HNIs), the minimum application size is 4,800 shares (Rs 4.03 lakh).


About 47% of IPO size is reserved for qualified institutional buyers (QIBs), 14.39% for non-institutional investors (NIIs), 33.45% for retail investors.

Grey market premium (GMP)

In the grey market, Optivalue Tek Consulting shares are quoting at an 18% premium over the IPO price band, suggesting listing expectations around Rs 99–100 per share.

About the company

Optivalue Tek Consulting is a technology consulting and enterprise modernization company. It provides services such as data integration, cloud solutions, DevOps, AI-driven analytics, telecom BSS/OSS transformation, web and mobile app development, and digital engineering.

The company has also expanded into generative AI and IP accelerators, helping clients adopt emerging technologies. It has delivered more than 500 integrations across 20 countries, with offices in India, the US, and Australia.

Financial performance

Optivalue Tek Consulting reported a 54% jump in revenue to Rs 56.47 crore in FY25 from Rs 36.73 crore in FY24. Profit after tax more than doubled to Rs 12.14 crore in FY25 compared with Rs 5.49 crore in the previous year.

IPO objectives

The proceeds from the IPO will be used for new product development (Rs 127.7 million), setting up a branch office in Bengaluru, upgrading IT hardware and software, meeting working capital needs, and general corporate purposes.

Shares of the technology consulting company are scheduled to list on the NSE SME platform on September 10.

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