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Orient Technologies IPO allotment – How to check allotment, IPO GMP, listing date and more

Aug 24, 2024, 09:38 IST
Business Insider India
Representational imageOrient Technologies
  • Orient Technologies is expected to announce its IPO share allotment status on Monday, August 26.
  • The shares of Orient Technologies were subscribed 151.68 times.
  • The Orient Technologies shares are expected to be listed on the stock exchanges on August 28.
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Mumbai-based Orient Technologies, an information technology (IT) solutions provider is expected to announce the allotment status of its initial public offering (IPO) on Monday, August 26.

The Orient Technologies IPO opened on August 21 and closed on August 23. The price band for the Orient Technologies IPO was ₹195 to ₹206 per share.

Orient Technologies IPO subscription status

On its last day, the Orient Technologies IPO was subscribed 151.68 times, receiving bids for 113 crore equity shares against 74.5 lakh shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 189.90 times, the non-institutional investor's portion was subscribed 300.56 times. The retail portion was subscribed 66.82 times.

Orient Technologies IPO Grey market premium

The shares of Orient Technologies are currently commanding a grey market premium (GMP) of ₹70 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

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How to check the Orient Technologies IPO’s allotment status

You can check the Orient Technologies IPO allotment status on the registrar’s website.

  • To check the Orient Technologies IPO allotment status, visit the registrar’s website here.
  • Click on ‘Select Company’ and then select ‘Orient Technologies’.
  • Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  • Click on submit.
You will be able to see your Orient Technologies IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Orient Technologies IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

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  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘Orient Technologies’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of Orient Technologies shares allotted to you.

You can click here and log in to check your Orient Technologies IPO allotment status on NSE.

Orient Technologies IPO listing date

The shares of Orient Technologies will be listed on the stock exchanges on August 28.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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