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Orient Technologies Limited

  • Minimum Investment
    ₹14,040
  • Price Range
    ₹195 - ₹206
  • Issue Size
    ₹214.76 Cr
  • Lot Size
    72 shares

Proceeds of this IPO to be used for

Acquisition of office premises in Navi Mumbai situated at unit no 1201, 1202, 1203, and 1204, in the Plutonium Business Park, Trans-Thana Creek Industrial Area, Turbhe MIDC, respectively

Funding capital expenditure requirements for:

i. Purchase of equipment for setting up of Network Operating Centre (NOC) and Security Operation Centre (SOC) at the Navi Mumbai Property

ii. Purchasing equipment and devices to offer a Device-as-a-Service (DaaS) offering.

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Orient Technologies Limited

Wide ranging and diversified IT solutions

The company offers a wide-ranging and diversified bouquet of product and service offerings and classifies its business into 3 verticals viz., IT Infrastructure, ITeS, and Cloud and Data Management Services.

Track record of financial performance

The company's revenue from operations grew at a CAGR of 47.09% between FY21-23. Its revenue from operations during the 6-month period that ended September 30, 2023, and during FY23, FY22, and FY21, was Rs 266.31 crore, Rs 535.1 crore, Rs 467.44 crore, and Rs 247.34 crore, respectively.

Facilities and infrastructure

The company utilises cloud-based enterprise resource planning tools for the management of finances and for the supply chain of its products and services.

Heavily reliant on top 10 customers

While the customers may vary annually, the company is heavily dependent on the contribution of its top 10 customers every year. Consequently, its business and financial condition in any given financial year are reliant on its top 10 customers.

Heavily reliant on a few vendors

The company typically places purchase orders with its vendors for the purchase of the aforementioned products and does not enter into long-term contracts or arrangements with its vendors. There is a risk it may not retain its top 10 vendors or secure favourable terms for future orders.

Large workforce

The company has a large workforce and its employee benefit expense is one of the larger components of its fixed operating costs. An increase in employee benefit expenses could reduce profitability. Further, any IT system failures or lapses on the part of its employees may lead to operational interruption, inabilities, or reputational harm.

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Current Liabilities--
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Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
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About Orient Technologies Limited

Orient Technologies Ltd. was originally incorporated on July 04, 1997. It is an information technology (IT) solutions provider. A key facet of its product and service offerings is the ability to tailor and customise its offerings to the specific needs of the customers.
  • Promoter
    Ajay Baliram Sawant
  • Promoter
    Umesh Navnitlal Shah
  • Promoter
    Ujwal Arvind Mhatre
  • Promoter
    Jayesh Manharlal Shah

Orient Technologies Limited IPO FAQs

What is Orient Technologies Limited IPO?

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Orient Technologies Limited IPO refers to the initial public offering of shares by Orient Technologies Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Orient Technologies Limited IPO?

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For Orient Technologies Limited IPO the issue size is ₹215 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Orient Technologies Limited IPO?

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For Orient Technologies Limited IPO the minimum investment is ₹14,040. The minimum investment for Orient Technologies Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Orient Technologies Limited IPO?

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For Orient Technologies Limited IPO the lot size is 72 shares. The lot size of Orient Technologies Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Orient Technologies Limited IPO on Share.Market?

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To apply for Orient Technologies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Orient Technologies Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Orient Technologies Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Orient Technologies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Orient Technologies Limited IPO?

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For Orient Technologies Limited IPO the allotment date is August 26, 2024. The allotment date of Orient Technologies Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Orient Technologies Limited IPO?

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For Orient Technologies Limited IPO, the subscription opens on August 21, 2024 and closes on August 23, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
154.73x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
154.73x Oversubscribed
Trade