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Orient Technologies Limited IPO

Orient Technologies Limited IPO

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Listed Price: ₹ 288.00 (+39.81%)

The public market debut of Orient Technologies Limited's was completed on 28-08-2024 with its listing on the NSE, BSE exchange. The IPO process raised 1,04,25,242 Shares in total capital, consisting of 58,25,242 Shares in new equity and ₹94.76 Cr in existing share sales through the OFS route.

The offering featured a price range of ₹195 to ₹206 and minimum application size of 72 shares. Investor response during the subscription period from 21-08-2024 to 23-08-2024 influenced the final allotment ratios across investor categories.

Final allotment was announced on 26-08-2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Orient Technologies IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Orient Technologies IPO Key Performance Indicator
Company Financials ( in Crores )

Orient Technologies IPO About Company

Orient Technologies Limited, founded in July 1997 and based in Mumbai, is a fast-growing IT solutions provider offering a wide range of services, including IT infrastructure, cloud management, and security solutions. They provide customized services like data center solutions, IT support, network operations, and cloud migration for industries such as banking, finance, IT, and healthcare. Their clients include well-known names like Bluechip Corporate Investment Centre, Tradebulls Securities, and Coal India. Certified for quality and security, the company holds multiple ISO certifications and CMMI Maturity Level 3. With a strong team of 1,482 employees as of June 2024, they operate from their Mumbai headquarters and have offices across major Indian cities like Pune, Delhi, Bengaluru, and Chennai.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Orient Technologies IPO Strength Factors

  1. Trusted by Leading Businesses: Orient Technologies serves a diverse range of industries, including banking, IT, and healthcare. Our clients include well-known names like Bluechip Corporate, Coal India, and D'Décor Exports.
  2. All-in-One IT Solutions: We provide end-to-end IT services, including infrastructure, cloud solutions, and data management, customized to meet each business's unique needs.
  3. Strong Leadership & Financial Stability: With experienced leadership and a solid financial foundation, Orient Technologies has built a reputation for reliability and long-term success.

Orient Technologies IPO Risk Factors

  1. Dependence on Major Customers: Orient Technologies relies heavily on its top 10 customers. If any of them reduce their business or leave, it could have a big impact on the company’s revenue and overall success.
  2. Industry Focus: A large chunk of the company's income comes from just a few industries. If these industries face challenges or key clients leave, it could affect the company’s financial stability.
  3. Vendor Dependence: The company works with only a few key vendors and doesn’t have long-term contracts with them. If there are disruptions in these partnerships or price hikes, it could affect operations and profits.

Orient Technologies IPO Lead Manager(s)

  • Elara Capital (India) Private Limited

Orient Technologies IPO Promoter(s)

  1. Ajay Baliram Sawant
  2. Jayesh Manharlal Shah
  3. Umesh Navnitlal Shah
  4. Ujwal Arvind Mhatre

Orient Technologies IPO Company Details

Orient Technologies Limited
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Orient Technologies IPO Registrar

Link Intime India Private Limited
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Orient Technologies IPO FAQs