Orient Technologies IPO GMP Today, Details, Date

Dear investors check out here Orient Technologies IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Orient Technologies IPO GMP today is ₹50.

Orient Technologies IPO is open on Wednesday, August 21, 2024. and close on Friday, August 23, 2024. Orient Technologies IPO total issue size is 10,425,243 shares (aggregating up to ₹214.76 Cr), and Orient Technologies IPO price is ₹206 per share. The IPO will be listed on BSE and NSE. Orient Technologies Limited IPO listing on Wednesday, August 28, 2024.

Orient Technologies IPO Date

IPO Open Date: Wednesday, August 21, 2024
IPO Close Date: Friday, August 23, 2024
Basis of Allotment: Monday, August 26, 2024
Initiation of Refunds: Tuesday, August 27, 2024
Credit of Shares to Demat: Tuesday, August 27, 2024
Listing Date: Wednesday, August 28, 2024
Cut-off time for UPI mandate confirmation: 5 PM on August 23, 2024

Orient Technologies Limited About

Orient Technologies Limited is a leading IT solutions provider established in July 1997 and headquartered in Mumbai, India. With a strong focus on delivering tailored solutions, the company has grown rapidly to serve a diverse clientele across various industries.

Services:

IT Infrastructure: Providing cutting-edge Data Center Solutions and End-User Computing.
IT-Enabled Services (IteS): Offering Managed Services, Multi-Vendor Support, IT Facility Management, Network Operations, Security Services, and Renewal Support.
Cloud and Data Management: Specializing in seamless migration of workloads to the cloud.

Client Base:

Orient Technologies has a proven track record of serving prominent clients in Banking, Financial Services, Insurance (BFSI), IT, ITeS, Healthcare, and Pharmaceuticals. Notable clients include Bluechip Corporate Investment Centre, Tradebulls Securities, Vasai Janata Sahakari Bank, Coal India, Mazagon Dock Shipbuilders, and D’Décor Exports.

Certifications and Global Presence:

Committed to quality and security, the company holds certifications in ISO 27001 (Information Security), ISO 20000 (IT Services Management), ISO 9001 (Quality Management), ISO 22301 (Business Continuity), and CMMI Maturity Level 3.

With a strong network of sales and service offices across India, including Mumbai, Navi Mumbai, Pune, Ahmedabad, New Delhi, Bengaluru, and Chennai, Orient Technologies is well-positioned to serve clients nationwide.

Team and Growth:

As of June 30, 2024, the company boasts a dedicated team of 1,482 permanent staff members, contributing to its ongoing growth and success.

Orient Technologies Limited Financial Overview

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	₹311.14 crore	₹215.25 crore	₹176.32 crore	₹112.45 crore
Revenue	₹606.86 crore	₹542.01 crore	₹469.12 crore	₹248.96 crore
Profit After Tax	₹41.45 crore	₹38.3 crore	₹33.49 crore	₹0.13 crore
Net Worth	₹175.31 crore	₹128.82 crore	₹94.11 crore	₹61.29 crore
Reserves and Surplus	₹138.79 crore	₹111.32 crore	₹76.61 crore	₹44.79 crore
Total Borrowing	₹4.82 crore	₹12.86 crore	₹2.28 crore	₹9.22 crore

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Orient Technologies IPO GMP Today Price | Gray Markets Price Today

As Per the last update on August 21, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Orient Technologies IPO is ₹50. The base price of the IPO is ₹160.00, with an estimated listing price of ₹256 (24.27%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 24.27%.