Orient Technologies IPO

Listed Listed stocks

Orient Technologies IPO Details

  • Bidding Date

    21-Aug-2024 to
    23-Aug-2024

  • Issue Size

    ₹214.76 Cr

  • Price Band

    ₹195 to ₹206

  • Allotment date

    26-Aug-2024

  • Listing date

    28-Aug-2024

  • Lot size

    72

  • No. of shares

    1,04,25,243

  • Fresh issue/OFS

    ₹120 Cr/₹94.76 Cr

About Orient Technologies Company

Founded in 1997 and headquartered in Mumbai, Maharashtra, Orient Technologies Ltd has established itself as a prominent information technology (IT) solutions provider. Their business operations are centered around providing technologically advanced IT solutions. They collaborate with leading technology partners like Dell International Services India Private Limited, Fortinet, Inc., and Nutanix Netherlands B.V. to enhance their offerings. Their business is segmented into three key areas: IT Infrastructure, IT Enabled Services (IteS) and Cloud and Data Management Services. Their solutions are tailored to meet the specific requirements of their clients across various industries such as banking, financial services, insurance (BFSI), IT, ITeS, healthcare, and pharmaceuticals.

Read our in-depth analysis of the Orient Technologies Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    189.9x

  • NIIs

    300.5x

  • Retail

    66.7x

  • Others

    --

  • Total

    151.6x

FAQs for Orient Technologies IPO.

The issue size of Orient Technologies is ₹214.76 Cr.

Orient Technologies falls into Software & IT Services industry.

The Orient Technologies IPO will be listed on both NSE and BSE.

The open and close dates for the Orient Technologies are 21-Aug-2024 & 23-Aug-2024.

The price band for the Orient Technologies ipo is ₹195 to ₹206

The listing date of Orient Technologies IPO is 28-Aug-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Orient Technologies total subscription ratio is 151.6X.

Key financial of the Orient Technologies are:


Orient Technologies FY-24 FY-23 FY-22
Revenue (₹ Cr) 602.89 535.1 467.44
EBIT (₹ Cr) 52.99 46.86 43.89
Proft after Tax (₹ Cr) 41.45 38.3 33.49
Debt (₹ Cr) 4.82 12.86 2.28
Net Worth (₹ Cr) 175.31 128.82 94.11
RoE (%) 23.64 29.73 35.59