Orient Technologies IPO
Orient Technologies IPO is listed on BSE and NSE, priced at ₹195–₹206 per share. The stock debuted at ₹288, delivering a listing gain of 39.8%. The IPO had a lot size of ₹72 shares and a minimum investment of ₹14,832.
Orient Technologies Limited IPO
- IPO Dates
- Aug 21, 2024 – Aug 23, 2024
- Price band
- ₹195-206 per equity share
- Minimum Investment
- ₹14,832
- Issue size
- ₹214.76 Cr
- Lot size
- 72
- Allotment Date
- Aug 26, 2024
- Listing
- Aug 28, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Aug 21, 2024
Open Date
Completed
-
Aug 23, 2024
Close Date
Completed
-
Aug 26, 2024
Allotment Date
Completed
-
Aug 28, 2024
Listing Date
Completed
Price Summary
- Last closing
- 274.50 (33.25%)
- 52 week high
- 466.73
- 52 week low
- 220.80
- Last update
Orient Technologies IPO Essentials
Orient Technologies IPO Details
Orient Technologies IPO is priced at ₹195-206 per share with a total issue size of 214.76 crore. The IPO has a lot size of 72 shares and is listed on BSE and NSE.
- Issue price
- ₹195-206 per equity share
- Lot size
- 72 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total ₹214.76 Cr :
#Fresh Issue : 5,825,243 shares(aggregating up to ₹120.00 Cr) +
#OFS : 4,600,000 shares of ₹10(aggregating up to ₹94.76 Cr) - Total issue size
- 1,04,25,243 shares
(aggregating up to ₹214.76 crore) - Fresh issue
- 58,25,243 shares
(aggregating up to ₹120 crore) - Offer for sale (OFS)
- 46,00,000 shares
(aggregating up to ₹94.76 crore) - Listing at
- BSE, NSE
- List price
- 288.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Elara Capital (India) Private Limited
Market Lot Size
Investors can bid for a minimum of 72 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 72 | ₹14,832 |
| Retail(max) | 13 | 936 | ₹1,92,816 |
Orient Technologies IPO Reservation
Orient Technologies IPO reservation details show category-wise allocation of shares. Out of the total 10,425,192 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 3,127,522 (30%) | |
| QIB Shares Offered | 2,085,049 (20%) | |
| NII (HNI) Shares Offered | 1,563,786 (15%) | |
| bHNI > ₹10L | 1,042,525 (10%) | 1,034 |
| sHNI < ₹10L | 521,262 (5%) | 517 |
| Retail Shares Offered | 3,648,835 (35%) | 50,678 |
| Total Shares Offered | 10,425,192 (100%) |
Orient Technologies IPO Analytics
Orient Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Orient Technologies IPO Subscription Status
Orient Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,085,049 |
1,563,786
1,042,525
521,262
|
3,648,835 | 7,297,670 |
|
Day 1
21-08-24 05:00 PM
|
0.02 x |
6.17x
4.32x
9.87x
|
10.50 x | 6.65 x |
|
Day 2
22-08-24 05:00 PM
|
0.16 x |
20.72x
15.57x
31.74x
|
24.45 x | 16.93 x |
|
Day 3
23-08-24 05:00 PM
|
189.90 x |
300.55x
332.96x
235.74x
|
66.80 x | 151.66 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 29,16,834 (Approx) | —x | —x | 53.96x |
Orient Technologies Valuations
Earnings
- EPS Pre IPO
- 11.57
- EPS Post IPO
- 9.95
- P/E Pre IPO
- 17.8
- P/E Post IPO
- 20.7
Returns
- ROE
- 27.26
- ROCE
- 28.42
- RoNW
- 23.64
- PAT Margin
- 6.87
Fundamentals
- Price / Book
- 4.21
Orient Technologies Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 311.14 | 215.25 | 176.32 |
| Revenue | 606.86 | 542.01 | 469.12 |
| Profit After Tax | 41.45 | 38.30 | 33.49 |
| Net Worth | 175.31 | 128.82 | 94.11 |
| Reserves & Surplus | 138.79 | 111.32 | 76.61 |
| Total Borrowing | 4.82 | 12.86 | 2.28 |
Orient Technologies Company & Offer Insights
About Orient Technologies
Orient Technologies Limited was incorporated in July 1997. It is one of the top IT solutions providers based in Mumbai, Maharashtra. It has expertise in IT Infrastructure, IT-enabled Services (IteS), and Cloud & Data Management Services. Some of the tailor-made solutions include Data Centre Solutions, Managed Services, IT Facility Management, and cloud migration.
Orient Technologies has diversified clientele with diverse industries in the BFSI, IT, ITeS, and healthcare sector. Among other prominent names in its clients list are Bluechip, Tradebulls, Coal India, Mazagon Dock, and D'Décor. Offices are situated all over India-in Navi Mumbai, Pune, Ahmedabad, New Delhi, Bengaluru, and Chennai.
Orient Technologies has all the prestigious certifications, such as ISO 27001:2013, ISO 20000-1:2018, and CMMI Maturity Level 3, that point to its focus on quality, security, and business continuity. As of June 30, 2024, the company remains supported by 1,482 permanent employees in delivering innovative IT solutions to meet client needs.
Orient Technologies Promoter(s)
Ajay Baliram Sawant, Jayesh Manharlal Shah, Umesh Navnitlal Shah, Ujwal Arvind Mhatre are the company's promoters of Orient Technologies.
Orient Technologies IPO Issue Objectives
- •
- Acquisition of office premise at Navi Mumbai situated at unit no 1201, 1202, 1203, and 1204, 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 (DaaS) offering. (collectively, Capital Expenditure).
- •
- General corporate purposes.
Orient Technologies IPO - Anchor Investors
Orient Technologies mobilises Rs 64.4 crore via anchor book.
Pine Oak Global Fund, and Saint Capital Fund are the biggest institutional investors in the anchor book, buying 9.7 lakh equity shares each, while SB Opportunities Fund picked 4.85 lakh shares.
Furthermore, Elara Capital (Mauritius), and Rajasthan Global Services acquired 2.91 lakh shares and 4.09 lakh shares, respectively, in the anchor book.
Orient Technologies IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Orient Technologies Limited | 11.8 | 11.8 | 48.95 | N/A | 23.64 | N/A | Standalone |
| Dynacons Systems & Solutions Ltd. | 42.41 | 42.37 | 124.02 | 29.47 | 34.13 | N/A | Consolidated |
| Hcl Technologies Ltd. | 57.99 | 57.86 | 251.58 | 26.93 | 23.01 | N/A | Consolidated |
| Wipro Ltd. | 20.89 | 20.82 | 143.77 | 23.39 | 14.79 | N/A | Consolidated |
| LTIMindtree Limited | 154.85 | 154.48 | 676.19 | 34.56 | 22.89 | N/A | Consolidated |
| Allied Digital Services Ltd. | 8.29 | 8.07 | 111.93 | 26.05 | 7.41 | N/A | Consolidated |
| Dev Information Technology Limited | 4.19 | 4.18 | 25.92 | 29.01 | 16.26 | N/A | Consolidated |
| Tech Mahindra Ltd. | 26.66 | 26.58 | 277.93 | 55.17 | 8.83 | N/A | Consolidated |
| Silicon Rental Solutions Ltd. | 12.56 | N/A | 61.14 | 14.41 | 20.54 | N/A | Standalone |
Notes:
- NAV is computed as the closing net worth (sum of equity share capital, other equity and non-controlling interest) divided by the closing outstanding number of equity shares as on March 31, 2024.
- P/E Ratio has been computed based on the closing market price of equity shares on August 8, 2024, on www.bseindia.com, divided by the Diluted EPS as on March 31, 2024. However, as per audited standalone financial results of Silicon Rentals Solutions Limited for the financial year ended March 31, 2024, Diluted EPS is not available. Hence, Basic EPS has been considered for above P/E computation for Silicon Rentals Solutions Limited.
- RoNW is computed as net profit after tax (including profit attributable to non-controlling interests) divided by closing net worth. Net worth has been computed as the aggregate of share capital, reserves and surplus and non-controlling interests. In case the net worth is negative for a particular year, the same has not been considered.
Orient Technologies IPO - Strengths and Risks
Orient Technologies IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Orient Technologies
+91 22 4292 8777
complianceofficer@orientindia.net
Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central, Andheri (East), Mumbai – 400093
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Orient Technologies IPO is a book-built IPO worth ₹214.76 crore. The price band is ₹195–₹206 per share. The IPO opens on Aug 21, 2024 and closes on Aug 23, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Orient Technologies IPO is ₹195 to ₹206 per share.
The lot size of Orient Technologies IPO is 72 shares.
The minimum investment for Orient Technologies IPO is approximately ₹14,832 based on the upper price band .
Orient Technologies IPO opens on Aug 21, 2024 and closes on Aug 23, 2024.
The allotment date of Orient Technologies IPO is Aug 26, 2024.
Orient Technologies IPO is expected to be listed on Aug 28, 2024, on BSE and NSE .
Orient Technologies IPO listed on Aug 28, 2024. It was issued at ₹288.0(NSE) and is currently around ₹274.50 as on 14-May-2026 3:30 PM, which is approximately 33.3% versus issue price. The 52-week high is ₹466.73.
Based on listing and post-listing performance, Orient Technologies IPO delivered around 33.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Orient Technologies IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Orient Technologies IPO valuation snapshot: P/E 20.7, EPS 9.95, P/B 4.21, RoNW 23.64, and market cap N/A.
To apply for Orient Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Orient Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Orient Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Orient Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Orient Technologies IPO allotment status on IPO Ji for quick and easy access.