Orient Technologies IPO Grey Market Premium and Analysis

Orient Technologies Limited is incorporated in 1997 with aiming IT solutions which is based on Maharashtra. This company offering specialized products and services across three main areas: 1) IT Infrastructure including data Centre solutions and End to End User Computing 2) IT enabled Services 3) Cloud and Data Management Services. We will analysis below all details of IPO along with Orient Technologies IPO Grey Market Premium.

Orient Technologies IPO Details:

NarrationRemarks
IPO Opening Date21st Aug 2024
IPO Closing Date23rd Aug 2024
IPO Allotment Date26th Aug 2024
Listing Date28th Aug 2024
Demate Transfer Date27th Aug 2024
Refund Initiation27th Aug 2024
Lot Size72 Shares
Issue PriceRs.195 to Rs206
Face ValueRs.10 Per Share
Issue SizeApprox. Rs.214.76 Crore
Fresh IssueApprox. Rs.120 Crores
Offer For SaleApprox. Rs.94.76 Crore
Listing AtNSE and BSE

Peers Groups Companies Details:

Name of CompanyStock PE
Dynacons Systems & Solutions Limited35.1 times
HCL Technologies Limited28.2 times
Wipro Limited24.2 times
LTMindtree Limited37.33 times
Allied Digital Services Limited26.8 times
Dev Information Technology Limited27 times
Tech Mahindra Limited63.17 times

Orient Technologies Fundamental Details:

RemarksNumber
Earning Per ShareRs.10.94
Return on Net Worth29.73%

Orient Technologies Financial

DateAssetsRevenueProfit
March 2021112.5 Crore248.96 Crore0.13 Crore
March 2022176.32 Crore469.12 Crore33.49 Crore
March 2023215.25 Crore542.01 Crore38.3 Crore
March 2024311.14 Crore606.86 Crore41.45 Crore

Orient Technologies Grey Market Premium(GMP)

This IPO is oversubscribed and 154 times subscribed. Below stated GMP of this IPO.

DateGMP
27-08-2024Rs.82(39%)

Orient Technologies IPO Status Check

You can check Allotment status by clicking here

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