April 03, 2017 | Octaware Technologies got listed on the BSE SME Exchange platform today. Octaware Technologies Limited (OTL)  is a software development, enterprise solutions and consulting firm engaged in the business of providing a range of IT solutions across Healthcare, Education and Financial Services sectors.

The company listed up by 1 per cent, opening at Rs 91 per share as compared to its issue price of Rs 90 per share.

OTL is the first listed company in India that is fully compliant to Sharia laws.

The company is into software development, enterprise solutions and consulting firm and is engaged in the business of providing a range of IT solutions across Healthcare, Education and Financial Services sectors. The Company has developed deep know-how in innovative technology trends, and has applied this knowledge building proprietary products with flexible deployment models on-cloud, on-premises and hybrid options.

As a proof of their focus on innovative solutions, it received Red Herring Asia Top 100 award in 2010, Deloitte Technology Fast 50 award in 2011 and Global IT Architecture Excellence Award in 2013.

Speaking on the occasion BSE SME Head Ajay Thakur said “Today 176th company Octaware Technology Ltd, first 100 percent Sharia compliant company got listed on BSE SME Platform. We at BSE are trying to have inclusive growth across the country by taking everyone together. We are happy that we are working towards nation building”

Octaware has a powerful and experienced professional management team having expertise and knowledge of many years. Aslam Khan the Chief Executive Officer of Octaware is an experienced technologist and entrepreneur with a proven track record of leading strategy development and execution to deliver rapid growth and scalable sustained profitability.  Sajid Hameed the Chief Operating Officer of Octaware has helped expand Octaware presence in various geographies of Qatar, Singapore, Saudi Arabia and UAE.