Orient Technologies IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Orient Technologies IPO. Explore Orient Technologies IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Orient Technologies Limited, founded in 1997 and headquartered in Mumbai, Maharashtra, is a dynamic IT solutions provider offering a wide range of products and services across IT Infrastructure, IT Enabled Services (ITeS), and Cloud and Data Management Services. The company collaborates with renowned technology partners, including Dell, Fortinet, and Nutanix, to deliver customized solutions tailored to meet the specific needs of clients in diverse industries such as BFSI, IT, ITeS, healthcare, and government sectors. With a strong focus on quality and innovation, Orient Technologies has built a reputation for providing reliable, cutting-edge IT solutions that drive business success.
Key Points:
- Business Verticals:
- IT Infrastructure: Offers Data Centre Solutions, End-User Computing, Hyper Converged Infrastructure, and security solutions.
- IT Enabled Services (ITeS): Includes Managed Services, Multi-Vendor Support, IT Facility Management, Network Operations, Security, and Device as a Service (DaaS).
- Cloud and Data Management Services: Provides cloud migration, data analytics, RPA, IoT, and services such as IaaS, PaaS, SaaS, FaaS, DBaaS, SECaaS, BaaS, MaaS, and more
- Technology Partners: Collaborates with Dell, Fortinet, Nutanix, and others for innovative solutions.
- Client Industries: Serves BFSI, IT, ITeS, healthcare, pharmaceutical, government, and public sectors.
- Prominent Clients: Includes Bluechip Corporate Investment, Tradebulls Securities, Coal India, ACG Associated Capsules, and D’Décor Exports.
Objects of the Issue
- Acquisition of office premise at Navi Mumbai
- Funding capital expenditure requirements for: (i) Purchase of equipment for setting up of Network Operating Centre (NOC) and Security Operation Centre (SOC) at Navi Mumbai Property; and (ii) Purchase of equipment and devices to offer Devise-as-a-Service (DaaS) offering.
- General corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 21 Aug - 23 Aug 2024 |
| IPO Price Band | ₹ 195 - 206 per share |
| Fresh Issue | ₹ 120 crore |
| Offer For Sale | 46,00,000 shares (₹ 94.76 crore) |
| Total IPO Size | Approx ₹ 214.76 crore |
| Face Value | ₹ 10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 21 Aug 2024 |
| IPO Closing Date | 23 Aug 2024 |
| Basis Of Allotment | 26 Aug 2024 |
| Refunds | 27 Aug 2024 |
| Demat Transfer | 27 Aug 2024 |
| IPO Listing Date | 28 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 248.96 | 469.12 | 542.01 | 606.86 |
| Total Expenses | 248.48 | 424.57 | 490.06 | 551.95 |
| Net Profit/Loss | 0.13 | 33.49 | 38.30 | 41.45 |
| NPM (*) | 0.05 | 7.17 | 7.16 | 6.87 |
| Total Assets | 129.93 | 193.03 | 239.94 | 311.14 |
| Total Liabilities | 68.64 | 98.93 | 111.12 | 135.84 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 0.04 | 9.57 | 10.94 | 11.80 |
| ROE (%) | 0.22 | 43.11 | 34.36 | 27.26 |
| ROCE (%) | 0.94 | 45.25 | 31.45 | 28.42 |
| D/E Ratio | 0.15 | 0.02 | 0.10 | 0.03 |
| Current Ratio | 1.80 | 1.90 | 2.21 | 2.24 |
| EBITDA MARGIN (%) | 1.27 | 9.80 | 9.09 | 9.39 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Orient Technologies Limited | 602.89 | 17.46 | 11.80 | 23.64 | 48.95 |
| Dynacons Systems & Solutions Limited | 1,028.82 | 29.47 | 42.37 | 34.13 | 124.02 |
| HCL Technologies Limited | 49,194.00 | 26.93 | 57.86 | 23.01 | 251.58 |
| Wipro Limited | 69,838.20 | 23.39 | 20.82 | 14.79 | 143.77 |
| LTIMindtree Limited | 34,963.3 | 34.56 | 154.48 | 22.89 | 676.19 |
| Allied Digital Services Limited | 287.88 | 26.05 | 8.07 | 7.41 | 111.93 |
| Dev Information Technology Limited | 158.70 | 29.01 | 4.18 | 16.26 | 25.92 |
| Tech Mahindra Limited | 43,351.80 | 55.17 | 26.58 | 8.83 | 277.93 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 188.79 |
| Non-Institutional Investor (NII/HNI) | 310.03 |
| Retail Individual Investor (RII) | 68.93 |
| Total | 154.84 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- AJAY BALIRAM SAWANT
- UMESH NAVNITLAL SHAH
- UJWAL ARVIND MHATRE
- JAYESH MANHARLAL SHAH
Lead Managers
- Elara Capital (India) Private Limited
Company Address
Orient Technologies Limited
Off No-502, 5th Floor, Akruti Star, Central Road, MIDC, Opp. Akruti Point Central, Andheri (East), Mumbai – 400 093
Phone: +91 22 4292 8777
Email: complianceofficer@orientindia.net
Website: www.orientindia.in
FAQs
- What is the issue size of the Orient Technologies IPO?The Orient Technologies IPO has an issue size of Approx ₹ 214.76 crore. This includes a fresh issue of ₹ 120 crore and an offer for sale (OFS) of 46,00,000 shares (₹ 94.76 crore).
- What is the price band of the Orient Technologies IPO?The price band for the Orient Technologies IPO is ₹ 195 - 206 per share.
- What are the bidding dates for the Orient Technologies IPO?The Orient Technologies IPO will open for bidding on 21 Aug 2024 and close on 23 Aug 2024.
- What is the allotment date for the Orient Technologies IPO?The allotment date for the Orient Technologies IPO is 26 Aug 2024.
- What is the listing date for the Orient Technologies IPO?The listing date for the Orient Technologies IPO is 28 Aug 2024.
- What is the Orient Technologies IPO grey market premium?The grey market premium (GMP) for the Orient Technologies IPO is currently at ₹95, with an expected listing gain of approximately 46.12%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.