Orient Technologies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 214.76 Cr. The company is based in Mumbai and caters to Information Technology sector. Elara Capital (India) is the merchant banker of Orient Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th February 2024.
Orient Technologies IPO open date is 21st August 2024 and close date is 23rd August 2024. IPO Allotment Date is 26th August 2024 and Listing date is 28th August 2024.Orient Technologies IPO size is ₹ 214.76 Cr. with IPO price of ₹ 206.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Elara Capital (India) Private Limited is the book-running lead manager of the Orient Technologies IPO. Link Intime India Private Limited is the Registrar for Orient Technologies IPO.
Orient Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Orient Technologies IPO, based in Mumbai, operates in the Information Technology sector with a focus on fast-growing information technology (IT) solutions provider headquartered in Mumbai. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Orient Technologies IPO size is ₹ 214.76 Cr. with fresh issue size of ₹ 120.00 Cr. and Offer for sale being ₹ 94.76Cr.
The IPO allotment date for Orient Technologies IPO is expected to be 26th August 2024, after the finalization of basis of allotment. Investors can check Orient Technologies IPO allotment status on the registrars website, Link Intime India Private Limited . Orient Technologies IPO refund dates are 27th August 2024.
Orient Technologies IPO is expected to be listed on 28th August 2024.
The upper price band for the Orient Technologies IPO is set at ₹ 206.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Orient Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Orient Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd August 2024. After submission, funds are blocked until the basis of allotment of Orient Technologies IPO is finalised.
The merchant banker for Orient Technologies IPO is Elara Capital (India) Private Limited . Elara Capital (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Orient Technologies IPO RHP for further details.
The registrar for Orient Technologies IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Orient Technologies IPO through their official website or helpline.
Orient Technologies IPO was subscribed 154.84 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Orient Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Orient Technologies Financial Review Page
Merchant Banker(s) of Orient Technologies IPO: Elara Capital (India) Private Limited
Orient Technologies IPO subscription was 154.84 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Orient Technologies IPO listed at a listing price of 304.45 against the offer price of 206.00.
The current market price of Orient Technologies is 347.50.
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