Orient Technologies Limited
Orient Technologies IPO is a book built issue of ₹214.76 Cr (2,14,76,00,058). The issue is a combination of fresh issue of 58.25 Lakh (58,25,243) shares aggregating to ₹120.00 Cr (1,20,00,00,058) and offer for sale of 46.00 Lakh (46,00,000) shares aggregating to ₹94.76 Cr (94,76,00,000).
Orient Technologies IPO bidding started from Aug 21, 2024 and ended on Aug 23, 2024. The allotment for Orient Technologies IPO was finalized on Aug 26, 2024. The shares got listed on BSE on Aug 28, 2024.
Orient Technologies IPO price band is set at ₹195 to ₹206 per share. The minimum lot size for an application is 72 Shares. The minimum amount of investment required by retail investors is ₹14,040.
Refer to Orient Technologies IPO DRHP for detailed information.
IPO date
Aug 21,2024 - Aug 23,2024
Listing Date
Aug 28,2024
Face value
₹10
Price Band
₹195 to ₹206 per share
Lot
₹72 Shares
Total Issue Size
1.04 Cr (1,04,25,243)
aggregating up to ₹214.76 Cr (2,14,76,00,058)
Fresh Issue
58.25 Lakh (58,25,243)
aggregating up to ₹120.00 Cr (1,20,00,00,058)
Offer for sale
46.00 Lakh (46,00,000)
aggregating up to ₹94.76 Cr (94,76,00,000)
Issue Type
Book Building
IPO Type
Listing At
BSE
Wed, Aug 21, 2024
IPO Open
Fri, Aug 23, 2024
IPO Close
Mon, Aug 26, 2024
Basis of Allotment
Tue, Aug 27, 2024
Initiation of Refunds
Tue, Aug 27, 2024
Credit of Shares to Demat
Wed, Aug 28, 2024
Listing
Orient Technologies IPO last GMP is ₹87, last updated Aug 27,2024. With the price band of 206.00, Orient Technologies IPO's estimated listing price is ₹293 (cap price + today's GMP).The expected percentage gain/loss per share is 42.23%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
27-Aug-24 | 206.00 | 87 | 293(42.23%) | 27-Aug-2024 17:00 |
26-Aug-24 | 206.00 | 82 | 288(39.81%) | 26-Aug-2024 23:31 |
25-Aug-24 | 206.00 | 82 | 288(39.81%) | 25-Aug-2024 23:26 |
24-Aug-24 | 206.00 | 82 | 288(39.81%) | 24-Aug-2024 23:32 |
23-Aug-24 | 206.00 | 82 | 288(39.81%) | 23-Aug-2024 23:30 |
22-Aug-24 | 206.00 | 70 | 276(33.98%) | 22-Aug-2024 23:23 |
21-Aug-24 | 206.00 | 70 | 276(33.98%) | 21-Aug-2024 23:29 |
20-Aug-24 | 206.00 | 30 | 236(14.56%) | 20-Aug-2024 23:24 |
19-Aug-24 | 206.00 | 55 | 261(26.70%) | 19-Aug-2024 23:24 |
18-Aug-24 | 206.00 | 55 | 261(26.70%) | 18-Aug-2024 23:31 |
17-Aug-24 | 206.00 | 0 | 206(0.00%) | 17-Aug-2024 23:30 |
16-Aug-24 | 206.00 | 0 | 206(0.00%) | 16-Aug-2024 23:29 |
15-Aug-24 | 206.00 | 0 | 206(0.00%) | 15-Aug-2024 23:28 |
14-Aug-24 | 0 | (0.00%) | 14-Aug-2024 06:04 | |
13-Aug-24 | 0 | (0.00%) | 13-Aug-2024 06:03 | |
12-Aug-24 | 0 | (0.00%) | 12-Aug-2024 06:03 | |
11-Aug-24 | 0 | (0.00%) | 11-Aug-2024 06:03 | |
10-Aug-24 | 0 | (0.00%) | 10-Aug-2024 06:03 | |
09-Aug-24 | 0 | (0.00%) | 9-Aug-2024 18:32 |
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; and
Cloud 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 1,388 permanent employees as of December 31,2023.
Orient Technologies Limited
Off No-502, 5th Floor, Akruti Star,
Central Road, MIDC, Opp. Akruti Point Central
Andheri (East), Mumbai �400093
Phone: +91 22 4292 8777
Email: [email protected]
Website: https://www.orientindia.in/
Ajay Baliram Sawant, Jayesh Manharlal Shah, Umesh Navnitlal Shah and Ujwal Arvind Mhatre are the promoters of the company.