Orient Technologies listing: Shares debut with whopping gains; lists at over 40% premium on BSE at Rs 290
Considering the remarkable subscription, shares of Orient Technologies listed on expected lines.
A key facet of its product and service offerings is the ability to tailor and customise its offerings to the specific needs of the customers.
Orient Technologies shares listed with whopping gains considering the high subscription. The stock on the BSE against the issue price of Rs 206 listed at a price of Rs 290, a whopping premium of over 40 per cent. While, on the NSE it listed at Rs 287, a premium of over 39 per cent.
About the issue
The company's offer with issue size of 2,032.9 million to Rs 2,417.6 million opened between August 21- August 23. During the offer period, the company's issue was subscribed 151.66 times.
Orient Technologies Ltd. was originally incorporated on July 04, 1997. It is an information technology (IT) solutions provider. A key facet of its product and service offerings is the ability to tailor and customise its offerings to the specific needs of the customers.
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Written By: ZeeBiz WebTeam
Updated: Wed, Aug 28, 2024
01:27 PM IST
01:27 PM IST
ZeeBiz WebDesk