Orient Technologies IPO is a 100% book-built offer IPO, Company issue fresh shares for this IPO is 5,825,243 Equity Shares Valued at ₹120 Crores and also OFS is 4,600,000 Equity Shares Valued at ₹94.76 Crores. The total issue size is 10,425,243 Equity shares value (₹214.76 Crores). Orient Technologies IPO opens on August 21, 2024, Wednesday, closes on August 23, 2024, Friday and the Company lists both stock exchanges NSE and BSE on August 28, 2024, Wednesday. Orient Technologies offer for applying this IPO ₹195 to ₹206 per equity share, Face value Rs 10 and 1 lot 72 equity shares.
Orient Technologies IPO Full Details
| Company Name | Orient Technologies Limited |
| IPO Offer Type | 100% book-built issue |
| Share Issue Type | Fresh Share & OFS |
| Fresh Issue Size | 5,825,243 Equity Shares Valued at ₹120 Crores |
| Offer For Sale ( OFS ) | 4,600,000 Equity Shares Valued at ₹94.76 Crores |
| Total Issue Size | 10,425,243 Equity shares value (₹214.76 Crores) |
| Face Value | ₹10 |
| One Lot Size | 72 Shares |
| Price Range | ₹195/- to ₹206/- per share |
| Listing Platform | NSE & BSE |
| Book Running Lead Manager | Elara Capital (India) Private Limited |
| Name of the Registrar | Link Intime India Private Limited |
| Sponsor Bank | Axis Bank |
| Orient Technologies IPO RHP | Check Here |
| Orient Technologies IPO DRHP | Check Here |
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Orient Technologies IPO Date & Time Details
| EVENTS | DATE & TIME |
|---|---|
| Issue Period | 21/08/2024 to 23/08/2024 |
| IPO Open | August 21, 2024, Wednesday |
| IPO Close | August 23, 2024, Friday |
| Bidding Time | 10.00 A.M to 5.00 P.M |
| Share Allotment Status | August 26, 2024, Monday |
| Initiation of Refunds | August 27, 2024, Tuesday |
| Share Credit of Demat Accounts | August 27, 2024, Tuesday |
| Share List on NSE, BSE | August 28, 2024, Wednesday |
| Cut-off Time for UPI Mandate Confirmation | August 23, 2024 at 5.00 P.M |
| Mode of Bid | ASBA process or UPI only |
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Orient Technologies IPO Investors Investment Required
| Investor Types | Minimum Investment | Maximum Investment |
| Retail Investors | 1 Lot 72 Shares ₹14,832 | 13 Lots 936 shares ₹192,816 |
| Small ( NII ) | 14 Lots 1,008 Shares ₹207,648 | 67 Lots 4,824 Shares ₹993,744 |
| Big ( Non-Institutional Investors) | 68 Lots 4,896 Shares ₹1,008,576 | – |
Orient Technologies IPO Category Wise Reservation
| Category | Total Limit ( % ) |
| Retail Investors | Not Less than 35.00% of the net Issue. |
| Non-Institutional Investors ( NII ) | Not Less than 15.00% of the net issue. |
| QIB Investors | Not More than 50.00% of the net issue. |
Orient Technologies IPO GMP ( Grey Market Premium )
Orient Technologies IPO GMP today LIVE latest update Grey market Premium Please Check Here.
Orient Technologies IPO Management Commentary
Orient Technologies Limited Business Details
Orient Technologies Limited was founded in 1997, currently, the head office of this company is located in Mumbai, Maharashtra. This company currently has 1,482 permanent employees. Orient Technologies is an IT company that provides a wide range of IT services such as:
- IT Infrastructure:
- This segment company offers services: Data Centre Solutions encompass servers, networking components, security solutions, Hyper-Converged Infrastructure (HCI), End User Computing services focused on desktop management, end-user support, mobile device management, storage, virtualization solutions etc.
- IT Enabled Services:
- This segment company offers services: Multi-Vendor Support Services, and Security Services. Managed Services involve monitoring and maintaining IT systems, while Multi-Vendor Support Services provide hardware and software support through annual maintenance contracts, Facility Management, and Network Operations Centre Services. The company also offers IT Facility Management Services, The company has recently expanded into Device as a Service (DaaS), offering devices like desktops, laptops, and smartphones on a subscription basis, bundled with managed services.
- Cloud and Data Management Services:
- This segment company offers services like Business analytics, robotic process automation, a wide array of cloud-based services, and data analytics. Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Security as a Service (SECaaS), Backup as a Service (BaaS) etc.
Orient Technologies Limited Financial Performance
| Particulars | 29 February, 2024 | 31 March, 2023 | 31 March 2022 |
| Sales/Revenue | 606.86 | 542.01 | 469.12 |
| Total Expenses | 551.95 | 490.01 | 424.57 |
| Net Profit | 41.45 | 38.30 | 33.49 |
| Cash & Cash Equivalents | 20.52 | 20.01 | 25.41 |
| Total Assets | 311.14 | 215.25 | 176.32 |
| Reserves and Surplus | 138.79 | 111.32 | 76.61 |
| Total Borrowing | 4.82 | 12.86 | 2.28 |
| Net Worth | 175.31 | 128.82 | 94.11 |
| Share Capital | 35.82 | 17.50 | 17.50 |
| EPS in Rupees | ₹11.80 | ₹10.94 | ₹9.57 |
| Net asset value ( NAV ) in Rupees | 4.90 | 7.36 | 5.38 |
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Orient Technologies Limited Fundamental Key Details
| Particulars | 31 March, 2024 | 31 March, 2023 | 31 March 2022 |
| ROE% | 27.26 | 34.36 | 43.11 |
| ROCE% | 28.42 | 31.45 | 45.25 |
| Debt to Equity Ratio | 0.03 | 0.10 | 0.02 |
| PAT Margin% | 6.87 | 7.16 | 7.17 |
| EBITDA Margin% | 9.39 | 9.09 | 9.80 |
| RONW% | 23.64 | 29.73 | 35.59 |
| ROI% | 4.0 | 3.6 | 3.2 |
| Inventory Turnover Ratio | 41.58 | 37.22 | 39.38 |
Orient Technologies Limited Competitors Return Compare
| Company | ROCE | RONW | EPS |
| Allied Digital Services | 7.1% | 5.1 | 4.0 |
| Dynacons Systems & Solutions | 44.3% | 41.2 | 42.5 |
| Dev Information Technology | 23.4% | 19.0 | 4.0 |
| HCL | 55.3% | 42.7 | 43.1 |
| LTIMindtree | 32.5% | 25.4 | 151.6 |
| Silicon Rental Solutions | 28.7% | 22.7 | 12.6 |
| Tech Mahindra | 11.8% | 9.1 | 21.8 |
| Wipro | 20.1% | 15.3 | 17.2 |
| Orient Technologies | 34.3% | 27.3 | 11.8 |
Orient Technologies Limited Management & Promoters
| Name | Designation |
| Ajay Baliram Sawant | Chairman and Managing Director & Promoter |
| Umesh Navnitlal Shah | Whole Time Director & Promoter |
| Ujwal Arvind Mhatre | Whole Time Director & Promoter |
| Jayesh Manharlal Shah | Whole Time Director & Promoter |
| Greena Mahesh Karani | Independent Director |
| Monica Bhatia | Independent Director |
| Tushar Madhuvandas Parikh | Independent Director |
| Viren Champaklal Shah | Independent Director |
| Meera Jasbir Rawat | Independent Director |
Orient Technologies Limited Promoters Share Holding Pre-Issue
| Promoters Name | Share Holding% |
| Ajay Baliram Sawant | 24.43 |
| Jayesh Manharlal Shah | 24.43 |
| Ujwal Arvind Mhatre | 24.43 |
| Umesh Navnitlal Shah | 24.43 |
| Promoter Group | 0.24 |
| TOTAL HOLDING PRE-ISSUE | 97.96% |
Orient Technologies IPO Object of the Issue
- Acquisition of office premises at Navi Mumbai.
- Funding capital expenditure requirements.
- General corporate purposes.
Check IPO Allotment Status From Issue Registrar
| Registrar | Link Intime India Private Limited |
| Address: | C-101, 247 Park, 1st Floor L.B.S. Marg, Vikhroli West Mumbai 400 083 Maharashtra, India |
| Tel. Number: | +91 810 811 4949 |
| E-mail: | [email protected] |
| Check Allotment>> | linkintime.co.in/initial_offer/public-issues.html |
Orient Technologies Limited Office Address & Contact Details
| Address: | Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central, Andheri (East), Mumbai – 400 093 |
| Tel No: | +91 22 4292 8777 |
| Email Id: | [email protected] |
| Website: | www.orientindia.in |
FAQ
What is the size of Orient Technologies IPO?
Orient Technologies IPO issue type both OFS is 4,600,000 Equity Shares Valued at ₹94.76 Crores and fresh share 5,825,243 Equity Shares Valued at ₹120 Crores. The total issue size is 10,425,243 Equity shares value (₹214.76 Crores).
What is the Orient Technologies IPO Open Date?
Orient Technologies IPO is a mainboard IPO, This IPO starts for bidding on Wednesday, August 21, 2024.
What is the Orient Technologies IPO Close Date?
Orient Technologies IPO last date for subscription on Friday, August 23, 2024.
What is the Orient Technologies IPO Listing Date?
Orient Technologies IPO was listed on both Indian stock exchanges BSE and NSE on Wednesday, August 28, 2024.
What is the Price of Orient Technologies IPO?
Orient Technologies IPO is a mainboard IPO, Total issue size ₹214.76 Crores company offer ₹195 to ₹206 per equity share, Every share face value of Rs 10
What is the Orient Technologies IPO?
Orient Technologies IPO is a 100% book-built IPO, Company issue type both of combination fresh issue and OFS. Total size 10,425,243 Equity shares value (₹214.76 Crores). Orient Technologies IPO opens on August 21, 2024, Wednesday, closes on August 23, 2024, Friday and the Company lists NSE and BSE on August 28, 2024, Wednesday. This IPO price band is ₹195 to ₹206 per equity share, Face value Rs 10 and 1 lot 72 equity shares.
