Orient Technologies Limited

Orient Technologies Limited

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₹14,832(72 Shares)

Minimum Investment

IPO Dates

Aug 21, 2024 – Aug 23, 2024

Price Band

₹195–206 per equity share

Lot Size

72

Listing

Aug 28, 2024

Listing At

BSE, NSE

Aug 21, 2024Open DateCompleted
Aug 23, 2024Close DateCompleted
TBAAllotment DateUpcoming
Aug 28, 2024Listing DateCompleted

Orient Technologies Limited Live Subscription Details

All IPOs
Retail66.80x
QIB189.90x
NIIs
300.55x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

235.74x

bHNI (> ₹10L)

Bids above ₹10L

332.96x

Overall Subscription

Total Bids Received

151.66x

Orient Technologies Limited IPO Issue Details

Issue Price
₹195-206 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
58,25,243 shares(aggregating up to ₹120 crore)
Listing At
BSE, NSE
Listing Date
Aug 28, 2024
Registrar
Link Intime India Private Ltd

Reservation Details

NII15%

Shares Offered

15,63,786

QIB20%

Shares Offered

20,85,049

Anchor30%

Shares Offered

31,27,522

Company Information

Orient Technologies Limited was incorporated in July 1997. It is one of the top IT solutions providers based in Mumbai, Maharashtra. It has expertise in IT Infrastructure, IT-enabled Services (IteS), ...

Valuations

EPS (Pre-IPO)

11.57

EPS (Post-IPO)

9.95

P/E (Pre-IPO)

17.8

P/E (Post-IPO)

20.7

RoNW

23.64%

PAT Margin

6.87%

P/B Value

4.21

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets311.14215.25176.32
Total Revenue606.86542.01469.12
Profit After Tax41.4538.333.49
Net Worth175.31128.8294.11

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Acquisition of office premise at Navi Mumbai situated at unit 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. 2Funding capital expenditure requirements for: Purchase of equipment for setting up of Network Operating Centre (NOC) and Security Operation Centre (SOC) at Navi Mumbai Property; and Purchase of equipment and devices to offer Devise-as-a-Service (DaaS) offering. (collectively, Capital Expenditure).
  3. 3General corporate purposes.

Orient Technologies Limited – Promoter(s)

Ajay Baliram Sawant
Jayesh Manharlal Shah
Umesh Navnitlal Shah
Ujwal Arvind Mhatre

Contact Details

Corporate Office

Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central, Andheri (East), Mumbai – 400093

+91 22 4292 8777

complianceofficer@orientindia.net

Visit Website

Orient Technologies Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

complianceofficer@orientindia.net

Visit Registrar Website

Orient Technologies Limited IPO Documents

Frequently Asked Questions — Orient Technologies Limited IPO

The Orient Technologies Limited IPO price band is set at ₹195.00 to ₹206.00 per equity share.

The lot size for Orient Technologies Limited IPO is 72 shares per lot. The minimum investment amount is approximately ₹14,832.

The Orient Technologies Limited IPO opens on Aug 21, 2024 and closes on Aug 23, 2024.

Orient Technologies Limited IPO is expected to be listed on Aug 28, 2024 on BSE, NSE.

The current GMP for Orient Technologies Limited IPO is ₹91, suggesting an expected listing price of around ₹286.00. Note: GMP is an unofficial market indicator.

The registrar for Orient Technologies Limited IPO is Link Intime India Private Ltd. You can contact them at complianceofficer@orientindia.net.

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