Company Name | Orient Technologies Limited |
Open Date | 21-08-2024 |
Close Date | 23-08-2024 |
Exchange | BSE, NSE |
Lot Size | 72 Shares |
Issue Price | ₹195 to ₹206 per share |
Issue Size | 1,04,25,243 shares |
Application Amount | ₹ 14,832 – ₹ 1,92,816 (72 to 936 shares) |
Recommendation | Neutral |
Orient Technologies Limited was originally incorporated on July 04, 1997. The registered office is located at Mumbai, Maharashtra. The Company is an information technology solutions provider, where their services include IT Infrastructure, IT Enabled Services (ITeS), Cloud and Data Management Services. The company had 1,482 permanent employees as of June 30, 2024.
KPI’s | FY 22 | FY 23 | FY 24 |
Revenue | 467.44 | 535.10 | 602.89 |
EBITDA | 45.83 | 48.64 | 56.62 |
Net Profit | 33.49 | 38.30 | 41.45 |
RoCE | 43.78% | 32.85% | 28.46% |
ROE | 35.59% | 29.73% | 23.64% |
P/E | 21.53 | 18.83 | 17.46 |
Opening Date | 21/08/2024 |
Closing Date | 23-08-2024 |
Basis of Allotment | 26-08-2024 |
Initiation of Refunds | 27-08-2024 |
Credit of Shares to Demat | 27-08-2024 |
Listing Date | 28-08-2024 |
Acquisition of office premise at Navi Mumbai. |
Funding Capital Expenditure Requirements. |
General Corporate Expenses. |
Registered Office | Orient Technologies Limited Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central Andheri (East), Mumbai - 400093 |
Phone | +91 22 4292 8777 |
complianceofficer@orientindia.net | |
Website | https://www.orientindia.in/ |
Orient Technologies IPO DRHP |
Orient Technologies IPO RHP |
Name | Link Intime India Private Ltd |
Phone | +91-22-4918 6270 |
complianceofficer@orientindia.net | |
Website | https://linkintime.co.in/initial_offer/public-issues.html |
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Share Holding Pre Issue (Promoters) | 97.96% |
Share Holding Post Issue (Promoters) | 73.21% |