The Orient Technologies IPO subscription status started on August 21, 2024, and QIB, NII, and RII are also subscribing to it. The Orient Technologies IPO opens on August 21, 2024, and closes on August 23, 2024. Orient Technologies IPO has raised ₹214.76 crores through its fresh issue and offer for sale, in which the fresh issue is ₹120.00 crores the offer for sale is ₹94.76 crores and the Orient Technologies IPO price band is fixed at ₹195 to ₹206 per share. You can check Orient Technologies IPO GMP here.
Orient Technologies Limited is a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtra. The company has developed extensive knowledge to create products and solutions for specific areas within its business verticals.
Orient Technologies IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Orient Technologies IPO Subscription Status, you can see the below-day Subscription.
Orient Technologies IPO Review :
👉 Orient Technologies IPO Show Review ….👈
- ■ The company is fast-growing information technology (IT) solutions provider in India.
- ■ The company top line & bottom line posted strong growth.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is fully priced based on the PE Ratio.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Orient Technologies IPO Subscription Status {Live Update} :
The total Orient Technologies IPO Subscription Status subscribed 151.71x times so far, with QIB subscribed 189.90x NII subscribed 300.60x times & RII 66.87x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.02x | 0.16x | 189.90x |
| NII : | 6.44x | 21.75x | 300.60x |
| bNII (above ₹10L): | 6.89x | 21.86x | 332.96x |
| sNII (below ₹10L): | 6.15x | 20.15x | 235.88x |
| RII : | 11.21x | 25.62x | 66.87x |
| Total : | 6.99x | 17.51x | 151.71x |
Orient Technologies IPO Net Shares Offered:
| Category | Shares Offered | Amount (Cr) |
| Anchor : | 3,127,522 | 64.43 |
| QIB : | 2,085,049 | 42.95 |
| NII : | 1,563,786 | 32.21 |
| bNII (bids above ₹10L) : | 1,042,525 | 21.48 |
| sNII (bids below ₹10L) : | 521,262 | 10.74 |
| RII : | 3,648,835 | 75.17 |
| Total : | 10,425,192 | 214.76 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Orient Technologies IPO Subscription Status FAQs :
How much is the total Orient Technologies IPO Subscription Status?
The total Orient Technologies IPO Subscription Status is 151.71x times Day 3.
What is the Orient Technologies IPO retail subscription Status?
Orient Technologies IPO Retail Subscription 66.87x times Day 3.
What is the Orient Technologies IPO QIB subscription Status?
The Orient Technologies IPO QIB subscription is 189.90x times Day 3.
What is the Orient Technologies IPO NII subscription status?
Orient Technologies IPO NII Subscription 300.60x times Day 3.
When is the Orient Technologies IPO Allotment Date?
Orient Technologies IPO allotment date is August 26, 2024.
When is Orient Technologies IPO Listing Date?
Orient Technologies IPO listing date is August 28, 2024. The IPO is to be listed on BSE and NSE.
| Orient Technologies IPO GMP: Click Here Orient Technologies IPO Details: Click Here Orient Technologies IPO Allotment: Click Here Orient Technologies IPO Listing: Click Here |
All Orient Technologies IPO-related links are available here. If you want to know the details, click the “Here” Link.
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