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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.
Opens On
Closes On
Application
Allotment
21-Aug-24
23-Aug-24
206.00-0.00
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