Orchasp
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Orchasp's board approved a proposed preferential allotment of up to 1.5 crore equity shares at ₹4.74 each to Wahtulmsylh Limqawlat, a promoter-group entity, against a loan due to it. The issue was valued at ₹7.11 crore and would settle the loan through equity rather than cash, subject to shareholder approval. The board also approved the appointments of Sirisha Pattapurathi as a non-executive director and Srinivasu Sunkara and Ravi Prasad Muthyam as independent directors, with those appointments also subject to shareholder approval. The transaction followed a December 2025 allotment of 26.875 crore shares at ₹3.20 to promoter Rajeswari against an ₹8.60 crore loan. Orchasp reported FY26 revenue of ₹21.26 crore and profit after tax of ₹1.05 crore.
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Orchasp's board approved a proposed preferential allotment of up to 1.5 crore equity shares at ₹4.74 each to Wahtulmsylh Limqawlat, a promoter-group entity, against a loan due to it. The issue was valued at ₹7.11 crore and would settle the loan through equity rather than cash, subject to shareholder approval. The board also approved the appointments of Sirisha Pattapurathi as a non-executive director and Srinivasu Sunkara and Ravi Prasad Muthyam as independent directors, with those appointments also subject to shareholder approval. The transaction followed a December 2025 allotment of 26.875 crore shares at ₹3.20 to promoter Rajeswari against an ₹8.60 crore loan. Orchasp reported FY26 revenue of ₹21.26 crore and profit after tax of ₹1.05 crore.
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Orchasp's board approved a preferential issue of up to 1.5 crore equity shares to Wahtulmsylh Limqawlat, a promoter-group entity, at ₹4.74 a share, aggregating ₹7.11 crore, against a loan due to the allottee. The issue was subject to shareholder approval at an annual general meeting scheduled for September 30, 2026, to be held by video conference. The board also approved the appointments of Sirisha Pattapurathi as a non-executive, non-independent director and Srinivasu Sunkara and Ravi Prasad Muthyam as independent directors, subject to shareholder approval. A ₹8.60 crore promoter-loan conversion in December 2025 had involved 26.875 crore shares at ₹3.20 each. Orchasp reported FY26 revenue of ₹21.26 crore and its accounts carried a qualified opinion for the fourth consecutive year.
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Orchasp's board approved a preferential issue of up to 1.5 crore equity shares to Wahtulmsylh Limqawlat, a promoter-group entity, at ₹4.74 a share, aggregating ₹7.11 crore, against a loan due to the allottee. The issue was subject to shareholder approval at an annual general meeting scheduled for September 30, 2026, to be held by video conference. The board also approved the appointments of Sirisha Pattapurathi as a non-executive, non-independent director and Srinivasu Sunkara and Ravi Prasad Muthyam as independent directors, subject to shareholder approval. A ₹8.60 crore promoter-loan conversion in December 2025 had involved 26.875 crore shares at ₹3.20 each. Orchasp reported FY26 revenue of ₹21.26 crore and its accounts carried a qualified opinion for the fourth consecutive year.
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Orchasp Ltd scheduled a board meeting for August 31 to consider regularising three director appointments and issuing equity shares preferentially to M/s WAHTULMSYLH LLMQWLAT under a loan agreement and to Global Focus Fund against accrued interest. The board was also due to consider approving a loan agreement-cum-MOU with Apptest Corporation of the US and convening the company's 32nd annual general meeting.
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Orchasp Ltd scheduled a board meeting for August 31 to consider regularising three director appointments and issuing equity shares preferentially to M/s WAHTULMSYLH LLMQWLAT under a loan agreement and to Global Focus Fund against accrued interest. The board was also due to consider approving a loan agreement-cum-MOU with Apptest Corporation of the US and convening the company's 32nd annual general meeting.
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Jan 29 (Reuters) - Orchasp Ltd ORCA.BO:
COMPANY ENTERED INTO MEMORANDUM OF UNDERSTANDING WITH S.A TECH SOFTWARE INDIA
MOU IS FOR PERIOD OF TWO YEARS
MOU TO SOURCE, EXECUTE SOFTWARE DEVELOPMENT, CLOUD SERVICES TO BEGIN WITH IN INDIA
Source text for Eikon: ID:nBSEbhDlMT
Further company coverage: ORCA.BO
(([email protected];))
Jan 29 (Reuters) - Orchasp Ltd ORCA.BO:
COMPANY ENTERED INTO MEMORANDUM OF UNDERSTANDING WITH S.A TECH SOFTWARE INDIA
MOU IS FOR PERIOD OF TWO YEARS
MOU TO SOURCE, EXECUTE SOFTWARE DEVELOPMENT, CLOUD SERVICES TO BEGIN WITH IN INDIA
Source text for Eikon: ID:nBSEbhDlMT
Further company coverage: ORCA.BO
(([email protected];))
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Popular questions
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What does Orchasp do?
Cybermate Infotek Ltd specializes in offshore software development projects using web and related technologies in both Microsoft and Java.
Who are the competitors of Orchasp?
Orchasp major competitors are Netlink Solutions(I), SA Tech Software, Securekloud Tech., Vedavaag Systems, Starcom Information, Aris International, BLS Infotech. Market Cap of Orchasp is ₹54 Crs. While the median market cap of its peers are ₹57 Crs.
Is Orchasp financially stable compared to its competitors?
Orchasp seems to be less financially stable compared to its competitors. Altman Z score of Orchasp is 0.84 and is ranked 6 out of its 8 competitors.
Does Orchasp pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Orchasp latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Orchasp allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Orchasp balance sheet?
Orchasp balance sheet is weak and might have solvency issues
Is the profitablity of Orchasp improving?
The profit is oscillating. The profit of Orchasp is ₹0.79 Crs for TTM, -₹10.52 Crs for Mar 2025 and ₹0.68 Crs for Mar 2024.
Is the debt of Orchasp increasing or decreasing?
The net debt of Orchasp is decreasing. Latest net debt of Orchasp is -₹0.31 Crs as of Mar-26. This is less than Mar-25 when it was ₹15.01 Crs.
Is Orchasp stock expensive?
Orchasp is not expensive. Latest PE of Orchasp is 70.6, while 3 year average PE is 90.2. Also latest EV/EBITDA of Orchasp is 0.0 while 3yr average is 60.21.
Has the share price of Orchasp grown faster than its competition?
Orchasp has given lower returns compared to its competitors. Orchasp has grown at ~-35.22% over the last 2yrs while peers have grown at a median rate of -29.99%
Is the promoter bullish about Orchasp?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Orchasp is 18.48% and last quarter promoter holding is 18.48%.
Are mutual funds buying/selling Orchasp?
There is Insufficient data to gauge this.