Orient Technologies IPO Date, Review, Price, Allotment Details

Orient Technologies IPO bidding start date is 21 August 2024 and closing date is 23 August 2024 . you can start bidding from 21 August 10AM till 23 August 5PM. Please do remember the cutoff time for upi mandate, After 5PM on ipo closing day no upi mandate request will be accepted. Orient Technologies IPO price band is ₹[.] to ₹[.] per share.

Orient Technologies come s with fresh issue of ₹120 Crores and offer for sell up to 4,600,000 Equity Shares with face value of ₹10 Per Share. The retail quota is 35%, QIB is 50%, and HNI quota is 15%.

Orient Technologies (Established in 1997 and headquartered in Mumbai) is a leading IT solutions provider with expertise in IT Infrastructure, IT Enabled Services (IteS), and Cloud and Data Management Services. The company is recognized for delivering innovative, technologically advanced solutions that are specifically tailored to meet the unique needs of its clients across various industries. Their strategic collaborations with technology giants like Dell, Fortinet, and Nutanix further enhance their ability to offer customized and cutting-edge services.

With a strong customer-centric approach, Orient Technologies has built lasting relationships with prominent clients in sectors such as BFSI, IT, IteS, and healthcare/pharmaceuticals. The company’s commitment to understanding and addressing the specific requirements of its clients has solidified its reputation as a trusted partner, continually providing holistic and effective solutions that drive business success.

Orient Technologies Peer Group

  • To be updated soon

Orient Technologies IPO Details, Date, Size, Price Band

IPO Opening Date21 August 2024
IPO Closing Date23 August 2024
Listing Date28 August 2024
Face Value₹10 Per Share
IPO SizeAprox ₹[.] Crore
Fresh IssueAprox ₹120 Crore
Price Band₹[.] to ₹[.] Per Share
Offer for Sale:Aprox ₹[..] Share
Minimum Bid[.] Shares
Employee DiscountN/A
Issue TypeN/A
Retail Quota Allocation35 % of net offer Issue
NII Quota Allocation15 % of net offer Issue
QIB Quota Allocation50 % of net offer Issue
IPO Listing onNSE, BSE

Orient Technologies IPO Financial Report

Talking about financials of Balaji Specialty Chemicals, it has made revenue in the last 3 Financial years mentioned in the below table with an amount of ₹16.40 Crore profit after taxes (PAT) in September 2023.

DatesRevenueExpensePAT
2021₹ 248.96 Cr₹ 248.48 Cr₹ 0.13 Cr
2022₹ 469.12 Cr₹424.57 Cr₹33.49 Cr
2023₹ 542.01 Cr₹ 490.06 Cr₹38.30 Cr
September 2023₹ 268. 17 Cr₹ 246.40 Cr₹16.40 Cr

Orient Technologies IPO Important Dates

Orient Technologies IPO bidding will start from 21 August 2024 and closing date is 23 August 2024. you can start bidding For ipo from 21 August to 23 August till 5PM. The IPO Finalization Date is 26 August 2024 and it will be listed on 28 August 2024.

IPO Open Date21 August 2024
IPO Close Date23 August 2024
Basis of Allotment26 August 2024
Refund Initiation27 August 2024
Share Credit to Account27 August 2024
Listing Date28 August 2024

Orient Technologies IPO Lot Size Details

Orient Technologies IPO Retail investor can apply for minimum Lot of [.] shares with amount of [.] and Retail Investor can apply maximum up to 14 Lots of [.] shares with price amount ₹ [.] .

ApplicationLotsSharesAmount
Retail Quota (Min)1 [.]
Retail Quota (Max)13 [.]
S-HNI Quota (Min)14 [.]
B-HNI Quota (Min)68 [.]

Orient Technologies IPO Promoters

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

Orient Technologies IPO Prospectus

Orient Technologies IPO RHP & DRHP Download Link 
Orient Technologies IPO DHRPDownload
Orient Technologies IPO RHPDownload

Orient Technologies Company Contact Information

Orient Technologies Limited
602, Ackruti Center Point,
MIDC Central Road, Andheri (East),
Mumbai Maharashtra – 400 093
Phone: +91 22 4292 877
Email: [email protected]
Website: https://www.orientindia.in/

Orient Technologies IPO Registarar Information

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Orient Technologies IPO FAQs :

What is Orient Technologies IPO Price Band ?

Orient Technologies price Band is ₹ [.] to ₹ [.] Per Share.

What is Orient Technologies IPO Size ?

Orient Technologies IPO size is ₹ [.] Crore.

What is Orient Technologies IPO Start Date ?

Orient Technologies IPO start date is 21 August 2024 .

What is Orient Technologies IPO End Date ?

Orient Technologies IPO end Date is 23 August 2024.

What is Orient Technologies IPO Allotment Date ?

Orient Technologies IPO Allotment Date is 26 August 2024.

What is Orient Technologies IPO Listing Date ?

Orient Technologies IPO listing date is 28 August 2024. it will be listed on NSE, BSE

What is Orient Technologies IPO Minimum Retail Share to Apply ?

Orient Technologies IPO Minimum Retail Share to apply is [.] Shares.

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