Orient Technologies IPO allotment: Investors who have bid for Orient Technologies Limited IPO can check their allotment status online.
The initial public offering (IPO) of Orient Technologies received bumper bidding from investors as it was oversubscribed more than 150 times.
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Orient Technologies IPO received an overall subscription of 154.84 times. By August 23, 2024, the public issue saw 68.93 times subscription in the retail segment, 188.79 times in the Qualified Institutional Buyers (QIB) segment, and 310.03 times in the Non-Institutional Investors (NII) segment.
The IPO offered 7,297,670 shares but received bids for 1,12,99,93,704 equity shares. The price band for the IPO was set at Rs 195-206.
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Investors who have bid for Orient Technologies Limited IPO can check their allotment status online. They can log in to either the BSE website or the website of Link Intime India Private Ltd, the registrar for the issue.
Steps to check allotment through the BSE website
Go to the BSE website by clicking here.
Click on ‘Equity’.
Choose ‘Orient Technologies Limited’ from the list.
Put in your application number and PAN card ID.
Confirm that you’re not a robot and submit.
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Steps to check allotment through Link Intime Limited
Visit the Link Intime India Private Ltd website.
Select ‘Orient Technologies Limited’.
Choose the Application Number/Demat Account/PAN option and enter the details.
Enter the Captcha.
Click on the ‘SUBMIT’ option.
Latest GMP for Orient Technologies IPO
The last grey market premium (GMP) for Orient Technologies IPO, as of August 21, 2024, at 5:29 PM, is Rs 82.
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With a price band of Rs 206, the estimated listing price for the IPO is Rs 288 (cap price + today’s GMP). This suggests an expected gain of around 39.81% per share.
