Orient Technologies Ltd IPO |
Registered Office:
Off # 502 Vth Flr Akruti Star,Central Road MIDC Andheri East
,
Mumbai
-
400093
,
Maharashtra
, India.
Phone :
+91 22 4292 8777 Fax:
Email : complianceofficer@orientindia.net
Website : www.orientindia.in
|
| Initial public offer of 10,425,242 equity shares of face value of (Rs)10 each (Equity Shares) of Orient Technologies Limited (Company) for cash at a price of (Rs)206 per equity share (including a share premium of (Rs)196 per equity share) (Offer Price) aggregating (Rs)214.76 crores (Offer) comprising a fresh issue of 5,825,242 equity shares aggregating (Rs)120.00 crores by the company (Fresh Issue) and an offer for sale of 4,600,000 equity shares aggregating (Rs)97.46 crores by the selling shareholders (Offer for Sale) comprising 1,150,000 equity shares aggregating (Rs)23.69 crores by Ajay Baliram Sawant, 1,150,000 equity shares aggregating (Rs)23.69 crores by Umesh Navnitlal Shah, 1,150,000 equity shares aggregating (Rs)23.69 crores by Ujwal Arvind Mhatre and 1,150,000 equity shares aggregating (Rs)23.69 crores by Jayesh Manharlal Shah (each, a promoter selling shareholder, and together the selling shareholders, and such equity shares, the offered shares). The offer constitutes 25.04 % of the post-offer paid-up equity share capital of the company.
The face value of the equity shares is (Rs)10 each and the offer price is 20.6 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 21-Aug-24 |
23-Aug-24 |
(Rs)206.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :72 Further Multiples of :72 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
107.93 |
| Elara Capital (India) Pvt Ltd |
|
| Project Financed through Current Offer |
214.76 |
|
| Post Issue Equity Share Capital |
41.64 |
|
| Issue Price |
(Rs)206.00 |
|
|