Orient Technologies Limited IPO

Orient Technologies Limited IPO

Orient Technologies Limited is a Mumbai-based IT solutions provider established in 1997. The company offers specialised services across IT Infrastructure, IT Enabled Services (ITeS), and Cloud & Data Management. Known for its customised solutions, it leverages strong partnerships with leading technology providers to deliver innovative, client-specific products and services.

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Price Band

₹195 - ₹206

Dates

21 Apr - 23 Aug

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹106.76 Crs

Orient Technologies IPO Key Dates
Opening Date

21 Apr 24

Closing Date

23 Aug 24

Basis Of Allotment

26 Aug 24

Initiations Of Refund

27 Aug 24

Credit Of Shares

27 Aug 24

Listing Date

28 Aug 24

Orient Technologies IPO Objects

  1. Acquisition of office premise at Navi Mumbai
  2. Funding capital expenditure requirements
  3. General corporate purposes.

Orient Technologies IPO Details
Price Band

₹195 - ₹206

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹12.00 Cr (0.06 Cr Shares)

Offer For Sale

₹94.76 Cr (0.46 Cr Shares)

Total Issue

₹106.76 Cr (0.52 Cr Shares)

Face Value

₹10 per equity share

Orient Technologies IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 72 14,832
Maximum 13 936 1,92,816
Small HNI
Minimum 14 1,008 2,07,648
Maximum 67 4,824 9,93,744
Big HNI
Minimum 68 4,896 10,08,576
Orient Technologies IPO GMP

The estimated Grey Market Premium of Orient Technologies IPO is ₹0 per share (0.00%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Orient Technologies IPO Financials

(Rs. in crores)

Particulars Mar-24 Mar-23 Mar-22
Revenue from Operations 602.89 535.10 467.44
Profit after Tax 41.45 38.30 33.49
Net Worth 175.31 128.82 94.11
Total Borrowing 4.82 12.86 2.28
Total Assets 311.14 239.94 193.03
NAV per share (in ₹) 48.95 73.61 53.77
EPS - Basic (in ₹) 11.80 10.94 9.57

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 9.39%
PAT 6.87%
ROE 27.26%
ROCE 28.42%
PE Ratio 17.46
PB Ratio 4.21
Mkt Cap (in Crs.) 749.82
  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.
Orient Technologies IPO Peer Comparision

(Rs. in crores)

Particulars Orient Technologies Dynacons Systems & Solutions HCL Technologies Wipro LTIMindtree Allied Digital Services Dev Information Technology Tech Mahindra Silicon Rental Solutions
Revenue from Ops (in Crs.) 602.89 1,028.82 49,194.00 69,838.20 34,963.30 287.88 158.70 43,351.80 63.60
PAT (In Crs.) 41.45 53.82 15,710.00 11,112.10 4,584.60 45.85 9.48 2,396.80 12.90
EPS - Basic 11.80 42.41 57.99 20.89 154.85 8.29 4.19 26.66 12.56
NAV per share 48.95 124.02 251.58 143.77 676.19 111.93 25.92 277.93 61.14
RONW 23.64% 34.13% 23.01% 14.79% 22.89% 7.41% 16.26% 8.83% 20.54%
EBITDA 9.39% 7.61% 22.02% 18.93% 17.98% 12.14% 8.42% 10.45% 61.49%
PAT Margin 6.87% 5.25% 14.29% 12.38% 12.91% 6.67% 5.79% 4.61% 20.39%
Price to earning (PE) 17.46 29.47 26.93 23.39 34.56 26.05 29.01 55.17 14.41
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 8, 2024 for Peers
Orient Technologies IPO Peer Comparision

(Rs. in crores)

Particulars Orient Technologies
Revenue from Ops (in Crs.) 602.89
PAT (In Crs.) 41.45
EPS - Basic 11.80
NAV per share 48.95
RONW 23.64%
EBITDA 9.39%
PAT Margin 6.87%
Price to earning (PE) 17.46
Dynacons Systems & Solutions HCL Technologies Wipro LTIMindtree Allied Digital Services Dev Information Technology Tech Mahindra Silicon Rental Solutions
1,028.82 49,194.00 69,838.20 34,963.30 287.88 158.70 43,351.80 63.60
53.82 15,710.00 11,112.10 4,584.60 45.85 9.48 2,396.80 12.90
42.41 57.99 20.89 154.85 8.29 4.19 26.66 12.56
124.02 251.58 143.77 676.19 111.93 25.92 277.93 61.14
34.13% 23.01% 14.79% 22.89% 7.41% 16.26% 8.83% 20.54%
7.61% 22.02% 18.93% 17.98% 12.14% 8.42% 10.45% 61.49%
5.25% 14.29% 12.38% 12.91% 6.67% 5.79% 4.61% 20.39%
29.47 26.93 23.39 34.56 26.05 29.01 55.17 14.41
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 8, 2024 for Peers
Promoter Details
Name Shareholding
Ajay Baliram Sawant 24.43%
Jaye sh Manharlal Shah 24.43%
Ume sh Navnitlal Shah 24.43%
Ujw al Arvind Mhatre 24.43%
Other Promoter 0.24%
Total 97.96%
Management Details
Name Designation
Ajay Baliram Sawant Chairman & MD
Sunil Kumar Arora CFO
Company Details

Name: Orient Technologies Limited

Address: Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central, Andheri (East), Mumbai – 400 093

Number: +91 22 4292 8777

Email: complianceofficer@orientindia.ne

Book Running Lead Managers (BRLMs)
Company
Elara Capital
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RTAs
Company
Link Intime
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Orient Technologies IPO is a Mainboard IPO having an issue size of Rs. ₹106.76 Crs. Orient Technologies IPO is priced at ₹195 - ₹206 per share. The issue opens on 21 Apr 24 and closes on 23 Aug 24.

Orient Technologies IPO opens on 21 Apr 24 and closes on 23 Aug 24.

The estimated Grey Market Premium of Orient Technologies IPO is ₹0 per share (0.00%).

The minimum lot size of Orient Technologies IPO is 72 shares & the minimum application amount is Rs. 14832.

The allotment date of Orient Technologies IPO is 26 Aug 24.

The listing date of Orient Technologies IPO is 28 Aug 24.

Orient Technologies IPO is subscribed -.

Orient Technologies IPO is priced at ₹195 - ₹206 per share.

Click the allotment link on Orient Technologies IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Orient Technologies IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date