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Orient Technologies Ltd.

Orient Technologies Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹206
₹206
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹206
Based on GMP
Min. Investment
₹14,832
1 lot × 72 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Aug 2024
Close Date
23 Aug 2024
Allotment
26 Aug 2024
Listing Date
28 Aug 2024
Exchange
NSE & BSE
Price Band
₹206
Listing Price
See chart
Allotment Status
Price Band
₹206
Per share
Face Value
₹10 per share
 
Lot Size
72 Shares
per lot
Issue Size
1,04,25,242 shares (aggregating up to ₹214.76 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,832
1 lot
Pre-IPO Holding
3,58,16,500 shares
Promoters
Post-IPO Holding
4,16,41,743 shares
Promoters
P/E (Pre)
17.8x
 
P/E (Post)
20.7x
 
EPS (Pre)
₹11.57
 
EPS (Post)
₹9.95
 
UPI Deadline
2024-08-23
Mandate
Anchor AllotmentTue, 20 Aug 2024
Basis of AllotmentMon, 26 Aug 2024
Refund InitiationTue, 27 Aug 2024
Demat CreditTue, 27 Aug 2024
Listing DayWed, 28 Aug 2024
UPI Mandate Deadline2024-08-23
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares58,25,242 shares (aggregating up to ₹120.00 Cr)
Offer for Sale46,00,000 shares of ₹10 (aggregating up to ₹94.76 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Orient Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
10,425,242
100% ₹214.76
IPO Shares Offered
Orient Technologies Ltd. IPO total issue size: ₹214.76 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 10,425,242 ₹214.76
100.00%
* Based on upper price band ₹206 per share
Lot Size & Investment
Lot Size
72
Shares per Lot
Issue Price
₹206.00
Upper Band
Min Investment
₹14,832
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2144₹29,664
Retail (Max — 13 Lots)13936₹192,816
S-HNI (Min — 14 Lots)141,008₹207,648
B-HNI (Min — 68 Lots)684,896₹1,008,576
* Issue Price ₹206 × Lot Size 72 shares
IPO Schedule
Anchor
20 Aug 2024
✓ Done
IPO Open
21 Aug 2024
✓ Done
IPO Close
23 Aug 2024
✓ Done
Allotment
26 Aug 2024
✓ Done
Refunds
27 Aug 2024
✓ Done
Demat Credit
27 Aug 2024
✓ Done
Listing Day
28 Aug 2024
✓ Done
Orient Technologies Ltd. — Live Price LIVE
₹206.00
INR · BSE
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Issue ₹206.00 Live Price
About Orient Technologies Ltd.
Incorporated in July 1997, Orient Technologies Limited is a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtra. The company has developed extensive knowledge to create products and solutions for specific areas within its business verticals.These areas are outlined below:IT Infrastructure: Products and solutions include Data Centre Solutions and End-User Computing;IT Enabled Services (IteS): Services include Managed Services, Multi-Vendor Support Services, IT Facility Management Services, Network Operations Centre Services, Security Services, and Renewals; andCloud and Data Management Services: Services include migration of workload from data centres to cloud.The company's wide range of customized offerings and its ability to tailor solutions to meet customers' specific needs have enabled it to attract prominent clients across various industries. They serve leading public and private sector entities in diverse customer industries, such as banking, financial services, insurance (BFSI), IT, ITeS, and healthcare/pharmaceutical.Orient Technologies Limited, established in July 1997, is a fast-growing IT solutions provider based in Mumbai. It specializes in IT infrastructure, IT-enabled services (IteS), and cloud and data management services.The clientele of the company includes Bluechip Corporate Investment Centre Private Limited (Bluechip), Tradebulls Securities Private Limited (Tradebulls), Vasai Janata Sahakari Bank Limited (VJS Bank) and Vasai Vikas Sahakari Bank Limited (VKS Bank), Integreon Managed Solutions India Private Limited (Integreon),Coal India Limited (Coal India), Mazagon Dock Shipbuilders Limited (Mazagon Dock), Joint Commissioner of Sales Tax (GST Mahavikas), Mumbai and D'Décor Exports Private Limited (D'Décor).The company has received the following certifications: ISO 27001:2013 for Information Security Management System, ISO 20000-1:2018 for Information Technology Services Management, ISO 9001:2015 for Quality Management System, and ISO/IEC 27001:2013 for Information Security Management System. Additionally, we have been awarded the ISO 22301:2012 certificate for our business continuity management systems and the CMMI Maturity Level 3 Certificate.The company's corporate office is in Mumbai, Maharashtra, and sales and services offices are located in various cities in India, such as Navi Mumbai and Pune in Maharashtra, Ahmedabad, Gujarat, New Delhi, Bengaluru, Karnataka, and Chennai, Tamil Nadu.The company has 1,482 permanent employees as of June 30, 2024.
Objects of the Issue
1
Acquisition of office premise at Navi Mumbai situated at units no 1201, 1202, 1203, and 1204, respectively which are situated at Plutonium Business Park, Trans-Thana Creek Industrial Area, Turbhe MIDC, District Thane, Navi Mumbai (collectively, Navi Mumbai Property);
2
Funding capital expenditure requirements for: i.Purchase of equipment for setting up of Network Operating Centre (NOC) and Security Operation Centre (SOC) at Navi Mumbai Property; and ii.Purchase of equipment and devices to offer Devise-as-a-Service (DaaS)offering.(collectively, Capital Expenditure).
3
General corporate purposes.
Orient Technologies Ltd. Financials (Amount in Crore)
Revenue from Operations
₹469.1
31 Mar 2022
₹542.0
31 Mar 2023
₹606.9
31 Mar 2024
Profit After Tax (PAT)
₹33.5
31 Mar 2022
₹38.3
31 Mar 2023
₹41.5
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 606.86 542.01 469.12
EBITDA N/A N/A N/A
Profit After Tax (PAT) 41.45 38.30 33.49
Net Worth 175.31 128.82 94.11
Total Assets 311.14 215.25 176.32
Reserves & Surplus 138.79 111.32 76.61
Borrowings 4.82 12.86 2.28
EBITDA Margin (%) N/A
PAT Margin (%) 6.87%
P/BV Ratio
4.21
RoE
27.26
RoCE
28.42
RoNW
23.64
PAT Margin
6.87%
Issue Structure & Shareholding
Total Shares Offered1,04,25,242 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,58,16,500 shares
Post-Issue Promoter Holding4,16,41,743 shares
P/BV Ratio4.21
RoE27.26
RoCE28.42
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Elara Capital (India) Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Orient Technologies Ltd. IPO subscribed?

Orient Technologies Ltd. IPO is subscribed 1.00 times by Aug 23, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Orient Technologies Ltd. IPO retail subscription status?

The Orient Technologies Ltd. IPO retail category is subscribed 1.00 times as of 23 Aug 2024. The retail portion is oversubscribed.

How to subscribe Orient Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Aug 2024 and closes 23 Aug 2024. Min investment: ₹14,832 (1 lot = 72 shares). UPI mandate: 2024-08-23.

How many times Orient Technologies Ltd. IPO subscribed?

The Orient Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Orient Technologies Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Aug 2024. Refunds: on 27 Aug 2024.

When Orient Technologies Ltd. IPO will be listed?

The Orient Technologies Ltd. IPO listing date is 28 Aug 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹206. Estimated listing: ₹206. GMP: NIL.

When Orient Technologies Ltd. IPO close?

The Orient Technologies Ltd. IPO closes on 23 Aug 2024, Friday. UPI mandate: 2024-08-23. Allotment: 26 Aug 2024. Listing: 28 Aug 2024.