Orient Technologies IPO Subscription Status: Orient Technologies IPO is Open on 21 August 2024 and Close on 23 August 2024. Orient Technologies IPO to Raise 10,425,243 shares (Approx ₹214.76 Cr) via IPO. The Fresh Issue is 5,825,243 shares (Approx ₹120.00 Cr) and The Offer For Sale is 4,600,000 shares of ₹10 (Approx ₹94.76 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Orient Technologies IPO is an Mainline IPO and Listed on NSE & BSE. Orient Technologies IPO Price Band is Fixed at ₹80 Equity Share. Orient Technologies IPO Lot Size is 1600 Shares.
Also Read: Orient Technologies IPO Details, Date, Review, Price
Orient Technologies IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 20,85,049 | 39,36,46,320 | 188.79 |
| Non Institutional Buyers (NIIs) | 15,63,786 | 48,48,27,696 | 310.03 |
| BNII | 10,42,525 | 35,80,54,992 | 343.45 |
| SNII | 5,21,262 | 12,67,72,704 | 243.20 |
| Retail Individual Buyers (RIIs) | 36,48,835 | 25,15,19,688 | 68.93 |
| Anchor Investor | 31,27,522 | 31,27,522 | 1 |
| Total | 72,97,670 | 1,12,99,93,704 | 154.84 |
Orient Technologies IPO Subscription Status day-by-day-
| Categories | 21 Aug | 22 Aug | 23 Aug |
|---|---|---|---|
| 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 |
About IPO :
Orient Technologies Incorporated in the year 1997. We are a fast-growing information technology (IT) solutions provider Over the years we have built deep expertise to develop products and solutions for specialised disciplines across our business verticals which are set out below .
- IT Infrastructure: Products and solutions include Data Centre Solutions and End-User Computing.
- IT Enabled Services (IteS): Services include Managed Services, Multi-Vendor Support Services, IT Facility Management Services, Network Operations Centre Services, Security Services, and Renewals.
- Cloud and Data Management Services: Services include migration of workload from data centres to cloud.
Our business operations involve technologically advanced solutions for which we collaborate with a wide range of technology partners including Dell International Services India Private Limited.
Fortinet Inc. (Fortinet) and Nutanix Netherlands B.V. (Nutanix). A key facet of our product and service offerings is our ability to tailor and customise our offerings to the specific needs of our customers. Our collaboration with our technology partners heightens our ability to design and innovate products and provide solutions tailored to specific customer requirements.
We count leading public and private sector entities across diverse customer industries such as banking, financial services, and insurance (BFSI), IT, IteS, healthcare / pharmaceutical (Customer Industries).
Our Existing Customers.
BFS :- Bluechip Corporate Investment Centre Private Limited (Bluechip), Tradebulls Securities Private Limited (Tradebulls), Vasai Janata Sahakari Bank Limited (VJS Bank) and Vasai Vikas Sahakari Bank Limited (VKS Bank)
IteS :- Integreon Managed Solutions India Private Limited (Integreon
Government and Public Sector :- Coal India Limited (Coal India), Mazagon Dock Shipbuilders Limited (Mazagon Dock), Joint Commissioner of Sales Tax (GST Mahavikas), Mumbai
Healthcare and Pharmaceutical :- ACG Associated Capsules Private Limited (ACG) and Jyothy Labs Limited (Jyothy Labs)
Others :- D’Décor Exports Private Limited (D’Décor)
Our business operations currently Various multinational companies corporate office situated in Mumbai, Maharashtra, with sales and services offices located across various cities in India such as Navi Mumbai and Pune in Maharashtra, Ahmedabad, Gujarat, New Delhi, Bengaluru, Karnataka and Chennai, Tamil Nadu. We also have a branch located in Singapore.
Orient Technologies holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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