Orient Technologies Ltd. IPO

Orient Technologies Limited is an IT solutions provider specializing in data center solutions, end-user computing, managed services, and cloud management. They offer customized solutions to clients across various industries, including BFSI, IT, healthcare, and government. With a focus on emerging technologies and strong partnerships, Orient Technologies helps businesses optimize their IT infrastructure and operations.

RHP
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DRHP
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Open Date

2024-08-21

Close Date

2024-08-23

Orient Technologies Ltd. IPO Details

Check out the issue details for Orient Technologies Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 206

Price Band

₹ 195 - 206

Issue Size

214.76 Cr.

Issue Type

Book Built

Open

2024-08-21

Close

2024-08-23

Listingprice

₹ 288

ListingGain

39.81%

Listing Date

2024-08-28

CMP

₹ 461.65

Current Return

124.10%

Company Financials

You can get the following financial statements of Orient Technologies Ltd. as of now.

The details about the Orient Technologies Limited IPO is as:

  • The issue size of the IPO is 214.76 Cr.
  • The price band for Orient Technologies Limited IPO is Rs 195 to Rs 206.
  • The shares of Orient Technologies Limited IPO will list on 28th August 2024.
  • The latest tentative GMP of Orient Technologies Limited IPO is Rs 70.
  • The shares of Orient Technologies Limited IPO is subscribed 154.84 Times as of 23rd August 2024.

 

Orient Technologies Limited IPO Valuation

The approx valuation of Orient Technologies Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 206
Existing Shares (Qty) 3.58 Cr
Fresh Issue 120 Cr
Market Cap 857.48 Cr
EPS (FY24) Rs 10.94
PE Ratio 18.82x
Industry PE 26.84x

 

Orient Technologies Limited IPO Issue Size

Orient Technologies Limited IPO issue size is 214.76 Cr

Issue Amount
Fresh Issue 120 Cr
Offer For Sale 94.76 Cr

 

Orient Technologies Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 72 shares and a maximum of 13 lots of 936 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 72 Rs 14,832
 Maximum 13 936 Rs 1,92,816

 

Orient Technologies Limited IPO share offer

The shares of Saraswati Saree Depot Limited IPO is subscribed 154.84 Times as of 23rd August 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 188.79 Times
Non-Institutional Minimum 15% 310.03 Times
Retail Individual Minimum 35% 68.93 Times
Total
154.84 Times

Find below the dates for Orient Technologies Limited IPO:

Schedule Date
Basis of Allotment 26 August 2024
Refunds 27 August 2024
Credit to Demat Account 27 August 2024
IPO Listing Date 28 August 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 247.34 467.44 535.1 602.89
Total Expenditure 244.19 421.62 486.46 546.28
Operating Profit 3.15 45.83 48.64 56.62
Other Income 1.62 1.68 6.91 3.97
Interest 1.8 1.01 1.81 2.05
Depreciation 2.49 1.94 1.79 3.63
Exceptional Items 0 0 0 0
Profit Before Tax 0.48 44.55 51.95 54.91
Provision for Tax 0.35 11.06 13.66 13.46
Net Profit 0.13 33.49 38.3 41.45
Adjusted EPS (Rs.) 0 0.96 1.09 1.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 16.5 17.5 17.5 35.82
Total Reserves 44.79 76.61 111.32 139.49
Borrowings 2.28 1.83 4.37 1.4
Other N/C liabilities 3.22 3.76 9.45 8.5
Current liabilities 62.63 92.8 97.3 124.96
Total Liabilities 129.42 192.49 239.94 310.18
Assets
Net Block 10.2 10.45 19.28 17.36
Capital WIP 0 0 0 0
Intangible WIP 0 0 0 0
Investments 0.58 0.02 0.2 0.2
Loans & Advances 0.53 0.29 0.84 4.09
Other N/C Assets 5.67 5.42 4.37 8.65
Current Assets 112.45 176.32 215.25 279.88
Total Assets 129.42 192.49 239.94 310.18
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024
Other Income 0.46 1.93
Profit Before Tax 12.49 19.41
Tax 3.2 4.35
Profit After Tax 9.28 15.06
Adjusted EPS (Rs) 2.59 3.62

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 73.22 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 0.48 44.55 51.95 54.91
Adjustment 3.39 3.23 -1.78 3.51
Changes in Assets & Liabilities 16.77 -15.74 -37.67 -21.78
Tax Paid 4.37 -1.57 -10.55 -14.35
Operating Cash Flow 25.02 30.48 1.95 22.29
Investing Cash Flow -10.25 -8.41 -11.72 -12.11
Financing Cash Flow -9.96 -8.5 4.41 -9.72
Net Cash Flow 4.81 13.57 -5.36 0.46
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