Orient Technologies IPO GMP today, subscription, price, gains allotment and more: Sensex ended flat yesterday. Did it have any effect on the fresh issuance space? Or was it business as usual? Orient Technologies has been in the spotlight since before even opening its subscription and now, the unofficial grey market was seen boosting it onwards. So, what are the investors looking at today? Has Orient Technologies IPO GMP today moved forward or backward? Orient is a provider of Information technology (IT) solutions as well as IT Infrastructure, IT Enabled Services (IteS), Cloud, and Data Management services.
Orient Technologies IPO GMP today August 23
Orient Technologies IPO GMP on August 23 is exactly where it was yesterday, which is Rs 70. Notably, the day before, the GMP was Rs 32, according toe Investorgain. With a price band of Rs 206 (Upper end), its estimated listing price is seen at Rs 276. The Orient Technologies listing gain is estimated at 33.98 per cent.
Orient Technologies IPO allotment status
The estimated Orient Technologies IPO allotment date will likely be August 26. Orient shares will be deposited in the allottees’ demat accounts on August 27. This is the day when those investors who were not lucky during the draw process will get their money back.
Orient Technologies IPO size
This is a Rs 214.76-crore issue with 50% of the shares reserved for qualified institutional buyers (QIB), 15% for non-institutional investors (NII), and 35% for retail investors.
Orient Technologies IPO details
Orient Technologies IPO subscription opened on August 21 and the last date is August 23. Orient Technologies IPO price band has been set at Rs 195 to Rs 206 and the face value is Rs 10. Through the anchor investors, Orient Technologies has already raised Rs 64.43 crore. Among its rivals are, LTIMindtree, Allied Digital, Dev Information Technology, Silicon Rental Solutions, and Dynacons Systems & Solutions.
Orient Technologies IPO Subscription Status
Orient Technologies IPO was oversubscribed within an hour of opening on day 1.
Orient Technologies IPO listing date
Orient IPO listing date is likely Monday, January 29. It will make its debut on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Orient Technologies IPO GMP today, listing date, price, subscription, allotment and more: The grey market has given the issue a thumbs up. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
