Orient Technologies IPO
IT Infrastructure/Services - Listed on 28 August 2024
Orient Technologies IPO listing summary
Orient Technologies (IT Infrastructure/Services) closed its IPO window in 2024 and listed on NSE and BSE on 28 August 2024 at an upper band issue price of Rs 206, opening at Rs 288 for a listing gain of +39.8% and closing day one at Rs 302.4 (+46.8% on closing basis). The IPO was subscribed 151.71x overall - QIB 189.90x, HNI/NII 300.60x, Retail 66.87x. The total issue size was Rs 214.76 Cr (Fresh Issue Rs 120 Cr, OFS Rs 94.76 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Orient Technologies IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 45 | +38.83% |
| Day 2 | Rs 45 | +38.83% |
| Day 3 | Rs 35 | +33.98% |
| Day 4 | Rs 50 | +30.10% |
| Day 5 | Rs 62 | +24.27% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Orient Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Orient Technologies IPO - FAQs
What was the listing gain of Orient Technologies IPO?
Orient Technologies IPO listed at +39.8% versus the upper issue price of Rs 206 on 28 August 2024.
How many times was Orient Technologies IPO subscribed?
Orient Technologies IPO was subscribed 151.71x overall. QIB portion was subscribed 189.90x, HNI / NII 300.60x and Retail 66.87x.
What was the IPO GMP for Orient Technologies?
IPO GMP started at Rs 45 on Day 1 and moved to Rs 62 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.