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    5. ORIENTTECH

    Orient Technologies Limited

    CLOSED

    IPO Date: 21 Aug - 23 Aug 2024

    Listing Date: 28 Aug 2024

    Price Range

    ₹195 to ₹206 per share

    Issue Size

    214.76 Cr

    Min Investment

    ₹14,040

    Lot Size

    72 Shares

    View IPO Document

    Schedule of Orient Technologies Limited

    Issue open date

    21 Aug 2024

    Issue close date

    23 Aug 2024

    UPI mandate deadline

    23 Aug 2024 (5 PM)

    Allotment finalization

    26 Aug 2024

    Share credit

    27 Aug 2024

    Listing date

    28 Aug 2024

    Mandate end date

    N/A

    Issue size

    Funds Raised in the IPOAmount
    Overall214.76 Cr
    Fresh Issue Cr
    Offer for Sale Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date26 Aug 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    28 Aug 2024₹206₹95₹301 (46.12%)
    27 Aug 2024₹206₹95₹301 (46.12%)
    26 Aug 2024₹206₹82₹288 (39.81%)
    25 Aug 2024₹206₹82₹288 (39.81%)
    24 Aug 2024₹206₹82₹288 (39.81%)
    23 Aug 2024₹206₹82₹288 (39.81%)
    22 Aug 2024₹206₹70₹276 (33.98%)
    21 Aug 2024₹206₹70₹276 (33.98%)
    20 Aug 2024₹206₹30₹236 (14.56%)
    19 Aug 2024₹206₹55₹261 (26.7%)
    18 Aug 2024₹206₹55₹261 (26.7%)

    Performance Orient Technologies Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹195 to ₹206 per share₹ 828 (46.8%) ₹ 331.761.02%

    About Orient Technologies Limited

    Incorporated in July 1997, Orient Technologies Limited is a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtra. The company has developed extensive knowledge to create products and solutions for specific areas within its business verticals.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; andCloud and Data Management Services: Services include migration of workload from data centres to cloud.The company's wide range of customized offerings and its ability to tailor solutions to meet customers' specific needs have enabled it to attract prominent clients across various industries. They serve leading public and private sector entities in diverse customer industries, such as banking, financial services, insurance (BFSI), IT, ITeS, and healthcare/pharmaceutical.Orient Technologies Limited, established in July 1997, is a fast-growing IT solutions provider based in Mumbai. It specializes in IT infrastructure, IT-enabled services (IteS), and cloud and data management services.The clientele of the company includes Bluechip Corporate Investment Centre Private Limited (Bluechip), Tradebulls Securities Private Limited (Tradebulls), Vasai Janata Sahakari Bank Limited (VJS Bank) and Vasai Vikas Sahakari Bank Limited (VKS Bank), Integreon Managed Solutions India Private Limited (Integreon),Coal India Limited (Coal India), Mazagon Dock Shipbuilders Limited (Mazagon Dock), Joint Commissioner of Sales Tax (GST Mahavikas), Mumbai and D'Décor Exports Private Limited (D'Décor).The company has received the following certifications: ISO 27001:2013 for Information Security Management System, ISO 20000-1:2018 for Information Technology Services Management, ISO 9001:2015 for Quality Management System, and ISO/IEC 27001:2013 for Information Security Management System. Additionally, we have been awarded the ISO 22301:2012 certificate for our business continuity management systems and the CMMI Maturity Level 3 Certificate.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.

    Founded in1997
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)188.79
        Non-Institutional Investors (NIIs)310.03
        Retail Individual Investors (RIIs)68.93
        EmployeeN/A
        Total154.84