74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Orient Technologies IPO (Orient Technologies Limited IPO) Detail

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.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 214.76 Cr. Avg IPO Size (Sector Based) : ₹ 775.56 cr.
  • Sector: Information Technology IPO so far: 35
  • Merchant Banker: Elara Capital IPO by BRLM so far: 6
  • City: Mumbai IPO so far: 184
  • Revenue (annualised): ₹ 606.86 cr.
            PAT: (annualised): ₹ 41.45 cr. Read Financial Information >>
  • PE Ratio: 20.70x Average Sector PE Ratio: 22.44x

Orient Technologies IPO Date

Date of DRHP:
20th February 2024
IPO Open Date:
21st August 2024
IPO Close Date:
23rd August 2024
IPO Allotment Date:
26th August 2024
Initiation of Refund:
27th August 2024
IPO Listing Date:
28th August 2024

Orient Technologies IPO Info, Size, Subscription

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.

IPO Size :
₹ 214.76 Cr.

Issue Price:
₹ 206.00

Market Capitalisation :
₹ 857.82 Cr.

PE multiple :
20.70

Subscription :
154.84 times

Pre Issue Promoter Holding :
97.96 %

Post Issue Promoter Holding :
73.21 %

Orient Technologies IPO Information

Sub Sector : fast-growing information technology (IT) solutions provider headquartered in Mumbai
Orient Technologies Limited is a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtra, incorporated in 1997. Over the years, it has built deep expertise to develop products and solutions for specialized disciplines across its business verticals, which include IT Infrastructure (such as Data Centre Solutions and End-User Computing), IT Enabled Services (Items, including Managed Services, Multi-Vendor Support Services, IT Facility Management Services, Network Operations Centre Services, Security Services, and Renewals), and Cloud and Data Management Services (such as migration of workloads from data centers to the cloud). The company's business operations involve technologically advanced solutions, for which it collaborates with a wide range of technology partners, including Dell International Services India Private Limited, Fortinet, Inc., and Nutanix Netherlands B.V. A key facet of
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Object of Issue (Orient Technologies IPO Objectives)

  • Acquisition of office premise at Navi Mumbai ,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 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 Soffering collectively, Capital Expenditure
  • General corporate purposes

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 Registrar (RTA)

Link Intime India Private Limited

Orient Technologies IPO Lead Manager (BRLM)

Elara Capital (India) Private Limited

Orient Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Orient Technologies IPO?

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.

When is Orient Technologies IPO allotment?

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.

When is Orient Technologies IPO listing date?

Orient Technologies IPO is expected to be listed on 28th August 2024.

What is the price band for Orient Technologies IPO?

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.

What is Orient Technologies IPO Review?

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.

How to Apply for Orient Technologies IPO?

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.

Who is the merchant banker of Orient Technologies IPO?

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.

Who is the Registrar of Orient Technologies IPO?

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.

What is the Orient Technologies IPO subscription?

Orient Technologies IPO was subscribed 154.84 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

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

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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