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Company Information

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OLATECH SOLUTIONS LTD.

24 December 2024 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE0M3901015 BSE Code / NSE Code 543578 / OLATECH Book Value (Rs.) 17.07 Face Value 10.00
Bookclosure 20/11/2023 52Week High 546 EPS 6.97 P/E 68.55
Market Cap. 206.84 Cr. 52Week Low 124 P/BV / Div Yield (%) 28.00 / 0.00 Market Lot 925.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our company was originally incorporated as a Private Limited under the name "Ola Traders Private Limited" under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Maharashtra, Mumbai on January 03, 2014. Subsequently, the name of our Company was changed to "Olatech Solutions Private Limited" vide Shareholders Resolution dated March 07, 2022 with Certificate of Incorporation pursuant to change of name issued as on Registrar of Companies, Maharashtra, Mumbai dated April 11, 2022. Eventually, the status of our Company was changed to Public Limited and the name of our Company was changed to "Olatech Solutions Limited" vide Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting of our Company held on April 22, 2022. The fresh Certificate of Incorporation consequent to conversion was issued on April 18, 2022 by the Registrar of Companies, Mumbai. The Corporate Identification Number of our Company is U72100MH2014PLC251672.

MAJOR EVENTS
2014
Incorporation of our Company as private limited company

2017
First System Integration Order from Alepo

2018
Software Development - AAA, Strategic tieups with OEM like Dialogic, Huawei2018
ISO 9001:2015 Certification

2019
-First Order from Telecom Operator, TTL
-First Software Order from Telecom Operator, TTL
-First Software Development Order from Sterlite Technologies
-First Overseas System Integration Order from HGC
-First Award from Huawei for System Integration Business
-Software Development - DHCP, DNS, IPAM

2020
-Software Development - Billing, CRM, NMS, ITSM
-First NMS Order from CloudExtel
-First Overseas Software Order from Citius, end Customer Nepal Telecom
-Centre of Excellence Setup in Office

2021
-Software Development - DCIM, NMS, ITSM, Billing, CRM, PAM
-First GeM Order through Inspira, end customer Manipur Seclan, S/W development DCIM continues
-First Make in India Government Order through Sunsovi, end customer MeiTY,
-First Software Order from TCTS Senegal, Africa, S/W development DCIM continues

2022

-First Order from US, end Customer ATNI fusion partnership for sales, services ; support for India Business.

-Company name has changed to Olatech Solutions Ltd. from Ola Traders Pvt. Ltd..

2023

-Company has issued Bonus Shares in the Ratio of 17:20.