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Open
21 Aug 2024
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Close
23 Aug 2024
3
Allotment
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Listing
Wed, Aug 28, 2024
Price Band
₹195 to ₹206
Issue Size
1,04,25,242 shares (agg. up to ₹215 Cr)
Lot Size
72 Shares
Listing Date
Wed, Aug 28, 2024
Latest GMP
₹95
Est. Gain
46.12%
✦ AI Insight
GMP Trend
28-08-2024₹95Est. ₹301+46.12%
27-08-2024₹95Est. ₹301+46.12%
26-08-2024₹82Est. ₹288+39.81%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 106.39x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 311.14 | 215.25 | 176.32 | 112.45 |
| Total Income | 606.86 | 542.01 | 469.12 | 248.96 |
| Profit After Tax | 41.45 | 38.30 | 33.49 | 0.13 |
| NET Worth | 175.31 | 128.82 | 94.11 | 61.29 |
| Reserves and Surplus | 138.79 | 111.32 | 76.61 | 44.79 |
| Total Borrowing | 4.82 | 12.86 | 2.28 | 9.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| BLS E-Services Ltd. | Mainboard | ₹309.29 Cr | ₹135 | 44.31 | ₹366.00 | +171.11% | ₹272.86 (-0.24%) |
| Tata Technologies Ltd. | Mainboard | ₹3,042.51 Cr | ₹500 | 32.53 | ₹1,313.00 | +162.60% | ₹748.70 (-1.27%) |
| Protean eGov Technologies Ltd. | Mainboard | ₹489.95 Cr | ₹792 | 29.91 | ₹883.00 | +11.49% | ₹585.70 (+0.76%) |
| Zaggle Prepaid Ocean Services Ltd. | Mainboard | ₹563.38 Cr | ₹164 | 66.67 | ₹158.35 | -3.45% | ₹207.79 (-0.83%) |
| Sattrix Information Security Ltd. | SME | ₹21.78 Cr | ₹121 | 15.12 | ₹157.50 | +30.17% | ₹390.10 (-4.06%) |
| 3C IT Solutions & Telecoms (India) Ltd. | SME | ₹11.44 Cr | ₹52 | 5.86 | ₹45.16 | -13.15% | ₹17.60 (-1.35%) |
| Enser Communications Ltd. | SME | ₹16.17 Cr | ₹70 | 28.02 | ₹70.10 | +0.14% | ₹12.65 (+1.61%) |
| Enfuse Solutions Ltd. | SME | ₹22.44 Cr | ₹96 | 21.35 | ₹115.45 | +20.26% | ₹164.45 (+1.29%) |
| Euphoria Infotech (India) Ltd. | SME | ₹9.60 Cr | ₹100 | 14.97 | ₹181.51 | +81.51% | ₹28.00 (+0.00%) |
| Benchmark Computer Solutions Ltd. | SME | ₹12.24 Cr | ₹66 | 16.3 | ₹77.12 | +16.85% | ₹42.37 (-5.00%) |
| ROX Hi-Tech Ltd. | SME | ₹54.49 Cr | ₹83 | 9.11 | ₹141.75 | +70.78% | ₹39.65 (+4.89%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of office premise at Navi Mumbai | 10.35 |
| 2 | Funding our Capital Expenditure requirements | 79.65 |
| 3 | General corporate purposes | 17.93 |
About Orient Technologies IPO
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; and Cloud 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 Mumba
Contact Details
Orient Technologies Ltd. AddressOff No-502, 5th Floor, Akruti StarCentral Road, MIDC, Opp.Akruti Point CentralAndheri (East)Mumbai, Maharashtra, 400093+91 22 4292 8777complianceofficer@orientindia.netVisit Website