Orient Technologies Limited IPO 2024: An Insightful Overview for Investors
Overview
Orient Technologies Limited, a rapidly growing IT solutions provider, is set to launch its initial public offering (IPO) on August 21, 2024. The company aims to raise funds for working capital requirements, repayment of borrowings, and general corporate purposes through this IPO.
IPO Details
| Details | Information |
|---|---|
| Face Value | ₹10 per share |
| Issue Price (Lower) | ₹195.00 per share |
| Issue Price (Upper) | ₹206.00 per share |
| Fresh Issue Size | up to ₹120.00 Cr |
| OFS Issue Size | up to ₹94.76 Cr |
| Issue Size Total | up to ₹214.76 Cr |
| Minimum Lot Size | – shares |
| Maximum Lot Size | – shares |
Reservation Details
| Category | Shares Reserved |
|---|---|
| QIB | 50% |
| NII | 15% |
| RII | 35% |
| Total | 100% |
Key Dates
| Event | Date |
|---|---|
| Issue Open | Aug 21, 2024 |
| Issue Close | Aug 23, 2024 |
| Basis Of Allotment (Tentative) | Aug 26, 2024 |
| Initiation of Refunds (Tentative) | Aug 27, 2024 |
| Credit of Share (Tentative) | Aug 27, 2024 |
| Listing date (Tentative) | Aug 28, 2024 |
Financial Overview
| Particulars | Year Ending on March 31, 2023 | Year ending on March 31, 2022 |
|---|---|---|
| Total Income | 542.01 | 469.12 |
| Profit (Loss) for the Year | 38.30 | 33.49 |
| Return on Net Worth | 29.73% | – |
| Net Asset Value | ₹73.61 per share | – |
IPO Prospectus
- IPO DRHP: Click Here
- IPO RHP: Click Here
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