The company is evaluating the proposals but may decide against a deal, Bloomberg reported. (http://bloom.bg/1Lz24mL)

Ophir declined to comment.

Shares in Ophir were up 7.6 percent at 91 pence at 1117 London time on the London Stock Exchange.

(Reporting by Mamidipudi Soumithri in Bengaluru; Editing by Sriraj Kalluvila)