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Orient Technologies IPO Day 2 Hits 16.95x Subscription Amid Mixed Investor Interest

Orient Technologies IPO On Day 2, had mixed responses: QIBs at 0.16 times, Non-Institutional at 20.97 times, and RIIs at 24.48 times, totaling a subscription of 16.95 times.
Orient Technologies IPO Day 2 Hits 16.95x Subscription Amid Mixed Investor Interest

Orient Technologies IPO saw varied subscription levels on Day 2: Qualified Institutional Buyers (QIBs) subscribed at 0.16 times, Non-Institutional Investors at 20.97 times, and Retail Individual Investors (RIIs) at 24.48 times, bringing the total subscription to 16.95 times.

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.

How to check Orient Technologies IPO Subscription Status?

Steps to check Orient Technologies Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Orient Technologies Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Orient Technologies Limited IPO Allotment Status

The allotment date for the Orient Technologies Limited 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 Limited IPO Listing Date 

Orient Technologies Limited IPO is expected to be listed on the NSE SME on August 28, 2024.

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