Orient Technologies IPO GMP Today, Orient Technologies IPO Grey Market Premium Updates | Orient Technologies IPO, Latest target, Opening gain
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 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.
Orient Technologies IPO Details:
| Issuer | Orient Technologies IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 21 August 2024 | |
| Issue Closes: 23 August 2024 | ||
| Price Brand | ₹195 to ₹206 per share | |
| Issue Size | ₹214.76 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 72 Shares | |
| Retail (Max) | ₹1,92,816 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 10,425,243 shares | |
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Orient Technologies IPO GMP Rates day by day
Orient Technologies IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 72 | ₹14,832 |
| Retail (Max) | 13 | 936 | ₹1,92,816 |
| S-HNI (Min) | 14 | 1,008 | ₹2,07,648 |
| S-HNI (Max) | 67 | 4,824 | ₹9,93,744 |
| B-HNI (Min) | 68 | 4,896 | ₹1,008,576 |
Orient Technologies IPO Date, Allotment & Listing:
| Orient Technologies IPO Opening Date: | AUGUST 21, 2024 |
| Orient Technologies IPO Closing Date: | AUGUST 23, 2024 |
| Basis of Allotment: | AUGUST 26, 2024 |
| Initiation of Refunds: | AUGUST 27, 2024 |
| Credit to Demat Account: | AUGUST 27, 2024 |
| Listing Date: | AUGUST 28, 2024 |
Orient Technologies Limited Financial Information (Restated)
Orient Technologies Limited’s revenue increased by 12% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 311.14 | 215.25 | 176.32 | 112.45 | ||||||||||||||||||||||||||||||||||||
| Revenue | 606.86 | 542.01 | 469.12 | 248.96 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 41.45 | 38.3 | 33.49 | 0.13 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 175.31 | 128.82 | 94.11 | 61.29 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 138.79 | 111.32 | 76.61 | 44.79 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 4.82 | 12.86 | 2.28 | 9.22 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Orient Technologies IPO is Rs 0 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 27.26 |
| ROCE | 28.42 |
| RoNW | 23.64 |
| P/BV | 4.21 |
| PAT Margin (%) | 6.87 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.57 | 0 |
| P/E (x) | 17.8 | 0 |
Objects of the Issue (Orient Technologies IPO Objectives)
The Company proposes to utilize the Net Proceeds towards the following objects:
- 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);
- 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). - General corporate purposes.
ORIENT TECHNOLOGIES IPO ALLOTMENT STATUS
How to Apply for Orient Technologies IPO?
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How to Apply Orient Technologies IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Orient Technologies”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Orient Technologies IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Orient Technologies”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Orient Technologies IPO is a main-board initial public offering of 10,425,243 Equity shares of the face value of ₹10 aggregating up to ₹214.76 Crores. The issue price of the IPO is ₹195 to ₹206 Per Equity Share. The minimum order quantity is 72 Shares per application and the offer type is Book Built Issue. The IPO opens on August 21, 2024 and closes on August 23, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Orient Technologies IPO opens on August 21, 2024 and closes on August 23, 2024.
You can apply in Orient Technologies IPO online using either UPI or ASBA as payment method. Elara Capital (India) Private Limited is the book running lead manager of the Orient Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Orient Technologies IPO will be done on August 26, 2024, and the allotted shares will be credited to your demat account by August 27, 2024. Check the Orient Technologies IPO allotment status.
The Orient Technologies IPO listing date is not yet announced. The tentative date of Orient Technologies IPO listing is August 28, 2024.
Orient Technologies IPO lot size is 72 Shares and the minimum order quantity is 1 Shares.