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Orient Technologies IPO Allotment Status, Subscription, and IPO Details

Orient Technologies allotment is set for August 26, 2024, with shares priced at ₹195 to ₹206 per share. The offering allows bidding for lots of 72 shares or multiples thereof.
Orient Technologies IPO Allotment Status, Subscription, and IPO Details

Orient Technologies Ltd IPO Allotment Status 

The allotment date for the Orient Technologies IPO is set for August 26, 2024, with shares priced at a range of ₹195 to ₹206 per share and a face value of ₹10. The offering consists of lots of 72 shares, with bids accepted for these lots or their multiples. 

Orient Technologies Ltd IPO Allotment Status Check 

To ascertain their allocation status for the Orient Technologies IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar LinkIntime Services website.

IPO Allotment Status BSE 

Here are steps to check Orient Technologies Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Orient Technologies Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Orient Technologies allotment status on LinkIntime website

Step 1: Visit IPO registrar website – LinkIntime  

Step 2: Select ‘Orient Technologies’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Orient Technologies IPO allotment status will be reflected on the screen.

Also Read: Best Low Price Shares To Buy – Maximize Your Returns

Orient Technologies Limited IPO GMP Today

Orient Technologies IPO GMP (Grey Market Premium) is ₹70 as of August 22.

Orient Technologies Limited IPO Subscription Status 

Orient Technologies IPO witnessed varied subscription levels on Day 1: Qualified Institutional Buyers registered a minimal 0.02, Non-Institutional Investors showed more interest at 6.17, and Retail Individual Investors led with 10.49. Overall, the total subscription rate stood at 6.64.

Orient Technologies Limited IPO Details

Orient Technologies IPO, a ₹214.76 crore book-built issue, includes a fresh issue of ₹120.00 crore and an offer for sale of ₹94.76 crore. Bidding opened on August 21, 2024, and closes on August 23, 2024, with shares priced between ₹195 to ₹206. Minimum investment for retail investors is ₹14,832. Listing is expected on August 28, 2024.

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