Orient Technologies IPO Review, Date, Price, GMP

Orient Technologies IPO Review, Date, Price, GMP

Orient Technologies, a growing IT solutions provider based in Mumbai, Maharashtra was established in 1997. Throughout its journey, Orient Technologies has gained knowledge in developing products and solutions across specific areas within its business sectors, which include:

– IT Infrastructure: Offering products and solutions like Data Centre Solutions and End-User Computing.

– IT Enabled Services (ITeS): Providing services that encompass managed services, multi-vendor support services, IT facility management services, network operations centre services, security services, and renewals.

– Cloud and Data Management Services: Facilitating the migration of workloads from data centres to the cloud.

Orient Technologies specializes in providing solutions by partnering with a variety of tech companies such, as Dell International Services India Private Limited (Dell) Fortinet Inc. (Fortinet), and Nutanix Netherlands B.V. (Nutanix). One of its advantages is its flexibility to personalize and adapt offerings to suit customer requirements. By working with technology partners the company can develop products and deliver tailored solutions that cater to the unique needs of customers.

The company’s diverse selection of services and its expertise, in crafting solutions to meet customer requirements have led to the acquisition of notable clients, from a range of sectors. These include banking, financial services, insurance (BFSI) IT, ITeS, and healthcare/pharmaceuticals.

Orient Technologies IPO Complete Details:

Orient Technologies IPO Details

Orient Technologies IPO Timetable:

Orient Technologies IPO Date

Company Financial Details:

Orient Technologies Financials

AS OF NOW, the GMP Of Orient Technologies is Around 55 Rs.

Objects Of Issue:

1. Acquisition of office premises in Navi Mumbai, located at Unit Nos. 1201, 1202, 1203, and 1204, within Plutonium Business Park, Trans-Thana Creek Industrial Area, Turbhe MIDC, District Thane, Navi Mumbai (collectively referred to as the Navi Mumbai Property).

2. Funding capital expenditure requirements, which include:

   i. Procurement of equipment for establishing a Network Operating Centre (NOC) and a Security Operation Centre (SOC) at the Navi Mumbai Property.

   ii. Acquisition of equipment and devices to support the Device-as-a-Service (DaaS) offering.

   (collectively referred to as Capital Expenditure).

3. Allocation of funds for general corporate purposes.

Promoters:

  • AJAY BALIRAM SAWANT
  • UMESH NAVNITLAL SHAH
  • UJWAL ARVIND MHATRE
  • JAYESH MANHARLAL SHAH

FAQs:

When Orient Technologies IPO is Opening?

Orient Technologies IPO is Opening on 21 August 2024.

When is the Orient Technologies IPO Closing?

Orient Technologies IPO is Closing on 23 August 2024.

What is the Issue Size of the Orient Technologies IPO?

The IPO Issue Size of Orient Technologies is 214.76 Crore.

Price Band of Orient Technologies IPO?

The price Band of the Orient Technologies IPO is 195 to 206 rupees per share.

What is the minimum investment for an Orient Technologies IPO?

The minimum investment for the Orient Technologies IPO is 14,832 rupees.

Allotment Date of Orient Technologies IPO?

The Allotment of Orient Technologies IPO is on 26 August 2024.

Listing Date of Orient Technologies IPO?

The Listing Of Orient Technologies is Scheduled on 28 August 2024.

One Should Apply for Orient Technologies IPO or Not?

Will Update Soon..

Who is the Lead Manager of Orient Technologies?

Elara Capital (India) Private Limited is the Lead Manager of Orient Technologies.

Where To Check the Allotment of Orient Technologies IPO?

The allotment status for the Orient Technologies IPO will be accessible on the Link Intime India Private Ltd Website,

Orient Technologies IPO is going to be listed at?

Orient Technologies IPO is going to be listed at NSE & BSE.

What is the Lot Size of the Orient Technologies IPO?

The lot size of the Orient Technologies IPO is 72 Shares.

What is the P/E Ratio of Orient Technologies?

The P/E Ratio of the Orient Technologies is 17.8.

What is the EPS of the Orient Technologies?

The EPS of Orient Technologies is 11.57.

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