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Orient Technologies Limited IPO Subscriptions Status Live Today

 

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Orient Technologies Limited IPO

August 21, 2024 - August 23, 2024 Closed

Orient Technologies Limited IPO Details

Issue Open

21 August 2024

Issue Close

23 August 2024

IPO Price

₹195 - ₹206 per equity share

Face Value

₹10 per equity share

IPO Size

₹214.76 Cr.

Listing At

NSE, BSE

IPO Lot Size

72 shares

IPO Investor Categories


• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are Typically, large investors with investment expertise, such as mutual funds, insurance companies, pension funds and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities, are required to participate in QIBs In an IPO the setting of an investment standard is followed by the Securities Board of India (SEBI). financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO, and they are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.


• Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs) are generally individual investors, High Net Worth Individuals (HNIs), or corporate entities that do not meet the financial requirements to be considered Qualified Institutional Buyers (QIBs). These investors can participate in an IPO at the same price as retail investors.

NII category has two subcategories:


1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.


2. bNII - "bNII" stands for "Big Non-Institutional Investor," a subcategory comprising investors who place bids for shares exceeding ₹10 lakhs in an IPO.

• Retail Individual Investors (RIIs) are individuals who apply for shares worth up to ₹2 lakhs in an IPO. This category is intended to boost participation from smaller investors, giving them a chance to invest in new market offerings alongside other investors, thus promoting wider market access and inclusivity.


• Employee (EMP)- 
The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the issuer company and the lead manager of the IPO determine the allocation of shares to this category.

• Others- This category includes eligible shareholders or other investors who have a reserved allocation in the IPO.


Frequently Asked Question

Orient Technologies Limited IPO will be closed on 23 August 2024.
You can apply for an IPO from anywhere on the internet because it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. The ASBA service is provided by your bank and the UPI facility is provided by your stockbroker. You can invest in orient technology limited by using any one of these methods at your convenience.
The meaning of "Orient Technologies Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Orient Technologies Limited IPO on the current day.
Link Intime India Private Ltd is the registrar of Orient Technologies Limited IPO.
Post-issue shareholdings of Orient Technologies Limited IPO promoters are 73.21%.
Face value of equity shares of Orient Technologies Limited IPO is ₹1.
Price of 1 share of Orient Technologies Limited IPO is ₹195 to ₹206.
Orient Technologies Limited IPO will get listed on August 28, 2024.
Orient Technologies Limited IPO is going to open on 21 August 2024.
You will receive the allotted shares in your Demat account on August 26, 2024.
Market lot size of the Orient Technologies Limited IPO is ₹72 shares.
orient technology co. ltd customer care number is 1800 103 7574
Pre-issue shareholdings of orient technologies pvt ltd market promoters are 97.96%.
Orient Technologies Limited IPO shares will get listed at NSE, BSE.
If you do not get the allotment of Orient Technologies Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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