The Orient Technologies IPO allotment status has been finalized today (Monday, August 26). Investors who applied for the Orient Technologies IPO can now check their Orient Technologies IPO allotment status through the official portal of the IPO registrar, Link Intime India. The Orient Technologies IPO opened for subscription on Wednesday, August 21, and concluded on Friday, August 23. On the last bidding day, the Orient Technologies IPO allotment status reflected a massive subscription rate of 151.71 times.
The first two days of the Orient Technologies IPO saw an overwhelming response from both retail and non-institutional investors (NII). The retail portion of the Orient Technologies IPO allotment status showed a subscription rate of 66.87 times, while the non-institutional investor quota was oversubscribed 300.60 times. The portion reserved for qualified institutional buyers (QIBs) recorded a subscription rate of 189.90 times.
Just a day before the subscription began, Orient Technologies, a Mumbai-based IT solutions provider, raised ₹64.43 crores from anchor investors. The face value of each equity share in the Orient Technologies IPO was set at ₹10, with a price band between ₹195 and ₹206. Investors can determine whether they have been allotted shares by checking the Orient Technologies IPO allotment status’s. The allotment status also indicates the number of shares allocated to successful applicants. If shares were not allotted, the application process will be initiated for refunds. Shares will be credited to the demat accounts of the successful applicants.
For those not allotted shares, the refund process will start on Tuesday, August 27. The shares will be credited to the demat accounts of those who were allotted on the same day. The Orient Technologies IPO allotment status’s also informs that the IPO listing date is scheduled for Wednesday, August 28.
If you have applied for the Orient Technologies IPO, you can check your Orient Technologies IPO allotment status’s on the IPO registrar’s website, Link Intime India Private Ltd. Here’s how you can do it:
How to Check Orient Technologies IPO Allotment Status on Registrar’s Website?
- Visit the Link Intime India Private Ltd. Website
Access the website by visiting Link Intime India IPO Allotment. - Select the IPO from the Drop-Down Menu
Choose the Orient Technologies IPO after the allotment process is finalized. - Enter Your Details
Select the Application No., Demat Account, or PAN link to check your Orient Technologies IPO allotment status. - Select Application Type
Choose either ASBA or non-ASBA as the application type. - Submit Your Details
Enter the required information and complete the captcha to view your Orient Technologies IPO allotment status.
How to Check Orient Technologies IPO Allotment Status on BSE?
- Visit the BSE Website
Go to the BSE allotment page: BSE Allotment Status Check. - Select ‘Equity’ Under Issue Type
Under ‘Issue Type’, select ‘Equity’. - Choose the Orient Technologies IPO
From the drop-down menu under ‘Issue Name’, select Orient Technologies IPO. - Enter PAN or Application Number
Enter your PAN or application number to check the Orient Technologies IPO allotment status’s. - Submit Your Request
Confirm your identity by clicking ‘I am not a Robot’ and then click ‘Submit’ to view your Orient Technologies IPO allotment status.
How to Check Orient Technologies IPO Allotment Status on NSE?
- Visit the NSE Website
Go to NSE IPO Allotment Status. - Register on the NSE Website
Register by selecting ‘Click here to sign up’ and entering your PAN. - Log In to Check Allotment Status
Enter your username, password, and captcha code to log in and check the Orient Technologies IPO allotment status’s.
Orient Technologies IPO GMP Today
As of today, the Orient Technologies IPO grey market price (GMP) stands at +82. This indicates that the shares are trading at a premium of ₹82 in the grey market, as reported by investorgain.com. Based on the upper end of the IPO price band and the current grey market premium, the estimated listing price of Orient Technologies shares is expected to be ₹288 per share, which is 39.81% higher than the IPO price of ₹206. The Orient Technologies IPO allotment status’s shows a strong upward trend in the grey market, with the GMP ranging from a low of ₹0 to a high of ₹82 over the last 18 sessions. This suggests a robust listing, with
FAQs
Q. How can I check the Orient Technologies IPO allotment status‘s?
You can check the Orient Technologies IPO allotment status’s by visiting the website of the IPO registrar, Link Intime India. Go to the Link Intime IPO Allotment page, select the IPO from the drop-down menu, enter your application number, PAN, or Demat account details, and submit the form to view your allotment status.
Q. When will the Orient Technologies IPO allotment status’s be available?
The Orient Technologies IPO allotment status’s is typically available on the day the allotment is finalized. For the current IPO, the allotment status is expected to be available on Monday, August 26. You can check the status on the IPO registrar’s website or other financial portals that provide IPO allotment updates.
Q. What should I do if I don’t receive any shares in the Orient Technologies IPO?
If you do not receive any shares after checking the Orient Technologies IPO allotment status’s, the refund process will begin the next day. The refunded amount will be credited back to the bank account used for the application. If you applied via ASBA, the hold on your funds will be released.
investors willing to pay more than the issue price.
Disclaimer: The views and recommendations mentioned are those of individual analysts, experts, and broking companies. Please consult certified experts before making any investment decisions.
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