Orient Technologies Limited

Orient Technologies Limited IPO

BSE, NSEClosed
Aug 21, 2024Open Date
Aug 23, 2024Close Date
TBAAllotment Date
Aug 28, 2024Listing Date

Subscription Details

View Subscription Details
Retail66.80x
QIB189.90x
NIIs (Non-Institutional Investors)Main Category
300.55x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

235.74x

bHNI (> ₹10L)

Bids above ₹10L

332.96x

Overall Subscription

Total Bids Received

151.66x

Updated: 10 Jul, 06:09 pm

Orient Technologies Limited IPO Issue Details

Issue Price₹195-206 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share58,25,243 shares(aggregating up to ₹120 crore)
Listing AtBSE, NSE
Listing DateAug 28, 2024
RegistrarLink Intime India Private Ltd

Reservation Details

CategoryShares Offered%
NII15,63,78615%
QIB20,85,04920%
Anchor31,27,52230%

Company Information

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), ...

Valuations

EPS (Pre-IPO)

11.57

EPS (Post-IPO)

9.95

P/E (Pre-IPO)

17.8

P/E (Post-IPO)

20.7

RoNW

23.64%

PAT Margin

6.87%

P/B Value

4.21

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets311.14215.25176.32
Total Revenue606.86542.01469.12
Profit After Tax41.4538.333.49
Net Worth175.31128.8294.11

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Acquisition 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);
  2. 2Funding 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).
  3. 3General corporate purposes.

Orient Technologies Limited – Promoter(s)

Ajay Baliram Sawant
Jayesh Manharlal Shah
Umesh Navnitlal Shah
Ujwal Arvind Mhatre

Contact Details

Corporate Office

Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central, Andheri (East), Mumbai – 400093

+91 22 4292 8777

complianceofficer@orientindia.net

Visit Website

Registrar Contact

Link Intime India Private Ltd

+91-22-4918 6270

complianceofficer@orientindia.net

Visit Website

Orient Technologies Limited IPO Documents

Frequently Asked Questions — Orient Technologies Limited IPO

Download Mobile App

Get push notifications instantly when IPO allotment goes live!

Angel One

Free Demat

Zero Brokerage Equity

Angel One
Open Account Now

Zerodha

Free Demat

India's #1 Stock Broker

Zerodha
Open Account Now

Upstox

Free Demat

Instant Demat Account

Upstox
Open Account Now