Orient Technologies Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 20-08-2024 | 22-08-2024 | 10 per share | 206 | 72 shares | BSE,NSE | 10,425,243 shares (aggregating up to ₹214.76 Cr) | 2024-08-25 18:30:00 | 2024-08-26 18:30:00 | 2024-08-26 18:30:00 | 27-08-2024 |
About The Company
Orient Technologies IPO is a book built issue of Rs 214.76 crores. The issue is a combination of fresh issue of 0.58 crore shares aggregating to Rs 120.00 crores and offer for sale of 0.46 crore shares aggregating to Rs 94.76 crores.
Orient Technologies IPO opens for subscription on August 21, 2024 and closes on August 23, 2024. The allotment for the Orient Technologies IPO is expected to be finalized on Monday, August 26, 2024. Orient Technologies IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, August 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 ₹14,832. The minimum lot size investment for sNII is 14 lots (1,008 shares), amounting to ₹207,648, and for bNII, it is 68 lots (4,896 shares), amounting to ₹1,008,576.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 9386 | 45463 | 393 | 3407.9 | 2567.73 | 4981.73 |
| 30-03-2023 | 6490 | 21471 | 171 | 2802.99 | 2382.91 | 3227.57 |
| 30-03-2022 | 5461 | 12783 | 91 | 2668.09 | 2208.79 | 2159 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Investors | 1 |
| Qualified Institutions | 188.79 |
| sNII (bids below ₹10L) | 310.03 |
| Retail Investors | 68.93 |
| Total | 154.84 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 72 | 14832 |
| Retail (Max) | 13 | 936 | 19216 |
| S-HNI (Min) | 14 | 1008 | 207648 |
| S-HNI (Max) | 67 | 4824 | 993744 |
| B-HNI (Min) | 68 | 4869 | 1008576 |
IPO Listing Details
| Listing Date | 27-08-2024 |
| BSE Script Code | 544235 |
| NSE Symbol | ORIENTTECH |
| ISIN | INE0PPK01015 |
| Final Issue Price | 206 |
Promoter holdings
Ajay Baliram Sawant, Jayesh Manharlal Shah, Umesh Navnitlal Shah and Ujwal Arvind Mhatre are the promoters of the company.
Contact Information of the Company
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: complianceofficer@orientindia.net
Website: https://www.orientindia.in/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: complianceofficer@orientindia.net
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Manager
Elara Capital (India) Private Limited (Past IPO Performance)