Orient Technologies IPO
ListedOrient Technologies IPO Details
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Bidding Date
21-Aug-2024 to
23-Aug-2024 -
Issue Size
₹214.76 Cr
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Price Band
₹195 to ₹206
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Allotment date
26-Aug-2024
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Listing date
28-Aug-2024
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Lot size
72
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No. of shares
1,04,25,243
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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
Subscription Status
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Category
Status
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QIBs
189.9x
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NIIs
300.5x
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Retail
66.7x
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Others
--
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Total
151.6x
FAQs for Orient Technologies IPO.
What is the issue size of Orient Technologies IPO?
The issue size of Orient Technologies is ₹214.76 Cr.
What is the industry of Orient Technologies?
Orient Technologies falls into Software & IT Services industry.
Where Orient Technologies IPO will be listed?
The Orient Technologies IPO will be listed on both NSE and BSE.
What are the open and close dates for the Orient Technologies IPO?
The open and close dates for the Orient Technologies are 21-Aug-2024 & 23-Aug-2024.
What are the price band for Orient Technologies IPO?
The price band for the Orient Technologies ipo is ₹195 to ₹206
What is the listing date of Orient Technologies IPO?
The listing date of Orient Technologies IPO is 28-Aug-2024.
What is the purpose for the Orient Technologies IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Orient Technologies IPO subscribed?
Orient Technologies total subscription ratio is 151.6X.
What are the key financials for the Orient Technologies IPO?
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 |