Optivalue Tek Consulting Ltd | SME IPO

Understanding Shariah Compliance in IPOs and Stocks:

Investing wisely is essential for both financial growth and ethical alignment. For those interested in making investments that comply with Islamic law, understanding the Shariah status of Initial Public Offerings (IPOs) and stocks is crucial. This article aims to provide insights into the Shariah compliance of Optivalue Tek Consulting Ltd, ensuring that your investment choices are not only profitable but also ethical.

Analyzing The Company

Company Name: Optivalue Tek Consulting Ltd
Industry: IT Enabled Services
Listing At: NSE SME

Overview:

As a technology consulting firm, OptiValue Tek Consulting, established in June 2011, specializes in enterprise modernization and digital transformation. With a global presence, including offices in India, the U.S., and Australia, the company has grown to a team of over 200 consultants, comprising both full-time employees and contractual workers. This skilled workforce has successfully completed over 500 integrations for clients across more than 20 countries.

OptiValue Tek focuses on helping businesses innovate and grow by leveraging technology. The company’s core belief is that technology forms the foundation of innovation and growth, and they partner with product and service companies worldwide to design and implement scalable enterprise solutions. Their services cover a broad spectrum of modern technology needs, from application and process integration to cutting-edge AI and machine learning.

The company’s service offerings are comprehensive, addressing various aspects of digital transformation. They provide solutions in areas like API management and microservices, which are crucial for modern, flexible IT architectures. Their data engineering and science expertise helps clients make sense of vast amounts of data, while their work in AI/MLOps and machine learning enables businesses to build intelligent systems. Additionally, they are proficient in cloud solutions and infrastructure, assisting companies in migrating to and managing modern cloud environments. The company also supports DevOps and SRE (Site Reliability Engineering) practices to ensure efficient software delivery and operations.

In addition to these core services, OptiValue Tek is deeply involved in specialized areas like generative AI and data science, helping businesses stay ahead in a rapidly evolving digital landscape. Their development services, including web and mobile development, cater to the need for modern, user-friendly applications. The company’s competitive strengths lie in its experienced leadership, a well-trained employee base, and a commitment to using the latest software technologies, such as microservice-based development. They are known for providing robust, trusted, and industry-proven solutions, backed by strong domain expertise and a focus on quality and timely service. The company also emphasizes strengthening its human capital, recognizing its team as a key asset in delivering exceptional value to clients globally.

Shariah Status

The IPO is Non-Shariah Compliant, please see below image.

IPO Timeline (Tentative Schedule)

IPO Open Date: Monday, September 2, 2025
IPO Close Date: Wednesday, September 4, 2025
Tentative Allotment: Thursday, September 8, 2025
Initiation of Refunds: Monday, September 8, 2025
Credit of Shares to Demat: Monday, September 9, 2025
Tentative Listing Date: Tuesday, September 10, 2025
Cut-off time for UPI mandate confirmation: 5 PM on September 4, 2025

Lot Size

Individual Investors (Retail): The minimum and maximum application for a retail investor is 2 lots, which corresponds to 3,200 shares. The total amount for this application is ₹2,68,800.
S-HNI (Small High Net-Worth Individual): For this category, the minimum application is 3 lots (4,800 shares) for an amount of ₹4,03,200. The maximum is 7 lots (11,200 shares), costing ₹9,40,800.
B-HNI (Big High Net-Worth Individual): The minimum application for a B-HNI is 8 lots, which equals 12,800 shares for a total amount of ₹10,75,200.

Financials

Based on the financial information, here is a breakdown of the company’s financial performance from FY2023 to FY2025:

Assets: The company’s total assets have shown consistent growth over the three years. They increased from ₹23.01 crore in FY2023 to ₹28.97 crore in FY2024 and further to ₹47.20 crore in FY2025. This indicates a steady expansion of the company’s resources.
Total Income: Total income has also seen significant growth, particularly from FY2024 to FY2025. It stood at ₹39.27 crore in FY2023, slightly dipped to ₹36.73 crore in FY2024, but then surged to ₹56.47 crore in FY2025.
Profit After Tax (PAT): The company’s profitability has improved substantially. PAT more than doubled from ₹2.77 crore in FY2023 to ₹5.49 crore in FY2024. This growth accelerated in FY2025, with PAT jumping to ₹12.14 crore. This represents a remarkable increase of over 121% from the previous fiscal year.
Net Worth: The company’s net worth has also grown steadily, reflecting a strengthening financial position. It increased from ₹12.17 crore in FY2023 to ₹17.67 crore in FY2024 and reached ₹31.87 crore in FY2025.
Borrowings: Total borrowings have fluctuated, decreasing from ₹7.06 crore in FY2023 to ₹1.80 crore in FY2024, before rising to ₹5.53 crore in FY2025. This shows a dynamic approach to debt management, with a significant reduction followed by a new increase, likely to fund business expansion.

KPI

Here are the Key Performance Indicators (KPIs) and their values:

ROE and RoNW: The company has a Return on Equity (ROE) and a Return on Net Worth (RoNW) of 38.09%.
ROCE: The Return on Capital Employed (ROCE) stands at 50.26%.
Debt/Equity: The Debt to Equity ratio is a very low 0.17, indicating a low level of financial leverage.
EBITDA Margin: The EBITDA Margin is 29.81%.

SEBI Disclaimer

Investing in IPOs involves risks. Please read the offer document carefully before investing. This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisors before making any investment decisions.

Optivalue Tek Consulting Ltd | SME IPO | Shariah Status | Overview

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