Orient Technologies Limited IPO

Orient Technologies Limited IPO

Orient Technologies Limited is a well-established company in the IT infrastructure solutions sector, headquartered in India. The company provides a wide range of IT services and solutions, catering to various industries and helping organizations enhance their IT operations. Below are some key aspects of the company:

Overview:

  • Founded: The company has been operating for several decades, building a reputation as a reliable provider of IT infrastructure solutions.
  • Headquarters: Mumbai, India.

Core Services:

  1. Data Center Solutions: Orient Technologies designs, implements, and manages data centers, ensuring that they are optimized for performance, security, and scalability.
  2. Cloud Services: The company offers cloud consulting, migration, and management services, enabling businesses to leverage the power of cloud computing for flexibility and cost efficiency.
  3. Networking Solutions: They provide comprehensive networking solutions, including the design and implementation of robust and secure network infrastructures.
  4. Managed Services: Orient Technologies offers managed IT services, which include monitoring, maintenance, and support of IT systems to ensure smooth operations and minimal downtime.
  5. Enterprise Mobility: The company provides solutions that help businesses manage mobile devices, applications, and data securely.
  6. Security Solutions: With a focus on cybersecurity, Orient Technologies delivers solutions to protect organizations from various digital threats.

Clients and Industry Focus:

  • Orient Technologies serves a diverse clientele across various industries, including finance, healthcare, manufacturing, and government sectors. The company is known for its customer-centric approach and for delivering tailored solutions that meet the specific needs of each client.

Market Position:

  • The company is recognized as a leader in the Indian IT infrastructure market, competing with other major players by offering innovative and reliable IT solutions.

Recent Developments:

  • The upcoming IPO in August 2024 is a significant milestone for Orient Technologies. The funds raised from the IPO are expected to be used for business expansion, enhancing service offerings, and potentially entering new markets.

Financial Performance:

  • Orient Technologies has shown consistent growth in revenues and profitability, driven by the increasing demand for IT infrastructure solutions in India and abroad.

Orient Technologies Limited IPO Tentative Timetable

ParticularDate
IPO Open Date21Aug 2024
IPO Close Date23 Aug 2024
Allotment Date26 Aug 2024
IPO Listing Date28 Aug 2024

Orient Technologies Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 195 to Rs. 206 Per Equity Share
Market Lot72 Share
ISIN Code
Listing AtNSE, & BSE
Issue SizeApprox. Rs. 95 Crore.

Orient Technologies Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum172Rs. 14832
Maximum13936Rs. 192816
Small HNI (Minimum)141008Rs. 207648
Big HNI (Minimum)684896Rs. 1008576

Orient Technologies Limited IPO Allotment Status

Click Here To Check IPO Allotment Status Orient Technologies Limited IPO

Click Here To Get ASBA Forms Orient Technologies Limited IPO

Company Financials:

Particular31 March 202431 March 202331 March 2022
Total Assets311.14215.25176.32
Total Revenue606.86542.01469.12
Profit After Tax41.4538.3033.49
For the year/period ended (₹ in million)

Company Promoters:

Ajay Baliram Sawant, Jayesh Manharlal Shah, Umesh Navnitlal Shah and Ujwal Arvind Mhatre are the promoters of the company.

Objects of this Issue:

  • Acquisition of office premise at Navi Mumbai situated at units no 1201, 1202, 1203, and 1204, respectively which are situated at Plutonium Business Park, Trans-Thana Creek Industrial Area, Turbhe MIDC, District Thane, Navi Mumbai
  • Funding capital expenditure requirements
  • General corporate purposes.

Registrar & Company Details

Company Contact InformationIPO Registrar
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
Email: complianceofficer@orientindia.net
Website: https://www.orientindia.in
Link Intime India Private Ltd





Phone: +91-22-4918 6270
Email: complianceofficer@orientindia.net
Website: https://linkintime.co.in/initial_offer/public-issues.html

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