Orient Technologies IPO subscription status started on August 21, 2024, and will close on August 23, 2024. The company aims to raise approximately ₹16.03 crore via this IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is set at ₹195 to ₹206 per equity share.
The IPO consists of a minimum market lot of 72 shares requiring an application amount of ₹14,832. Orient Technologies is a Mainboard IPO, and it will be listed on the NSE and BSE.
Table of contents
Orient Technologies IPO Overview
Founded in July 1997 and based in Mumbai, Maharashtra, the company is a leading IT solutions provider specializing in IT Infrastructure, IT-enabled services (ITeS), and Cloud and Data Management Services. Serving industries such as BFSI, IT, ITeS, and healthcare, its key clients include Bluechip Corporate Investment Centre, Tradebulls Securities, and Vasai Janata Sahakari Bank. The company is recognized for its quality and security, holding certifications like ISO 27001:2013, ISO 20000-1:2018, ISO 9001:2015, and CMMI Maturity Level 3.
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We advise investors to consider applying for an IPO with a long-term perspective. It’s also important to review the QIB, NII, and Retail subscription figures before making an investment decision.
Orient Technologies IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.02 | 0.16 | 188.79 |
| NII | 6.44 | 21.75 | 310.03 |
| RII | 11.21 | 25.62 | 68.93 |
| Total | 6.99 | 17.51 | 154.84 |
Orient Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds
- Non-Institutional Investors (NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IPOGMP.IN Review for Orient Technologies
- Apply
Orient Technologies IPO Form
To apply for the Orient Technologies IPO, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The IPO subscription starts on August 21, 2024, for QIB, NII, and Retail Investors.
You can apply through ASBA and non-ASBA options via your bank account, broker, or UPI app.
Visit our portal for live IPO subscription numbers updated hourly. Live data is also available on the official IPO page.
Log in to Zerodha Console, select the IPO and complete your bid. Approve the mandate via UPI.
Open Zerodha Demat Account
Log in to Angel One, select the IPO and complete your bid. Approve the mandate via UPI.
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Log in to Paytm Money, select the IPO, and complete your bid. Approve the mandate via UPI.
Open Paytm Money Demat Account
Log in to Upstox, select the IPO, and complete your bid. Approve the mandate via UPI.
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