Orient Technologies IPO GMP History
Orient Technologies IPO has been listed on August 28, 2024 at a listing price of ₹288, against the issue price of ₹206 — a gain of ₹82 (+39.81%). The GMP peaked at ₹91 on 27 August 2024 and reached a low of ₹65 on 22 August 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Orient Technologies IPO raised ₹214.76 Cr. through its IPO at a price band of ₹195 to ₹206 per share, with a lot size of 72 shares. The IPO was open for subscription from 21 Aug 2024 to 23 Aug 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:50 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 27 Aug 2024 | ₹ 91 | ▲ | 44% | — | — |
| 26 Aug 2024 | ₹ 78 | ▲ | 38% | — | — |
| 24 Aug 2024 | ₹ 75 | — | 36% | — | — |
| 23 Aug 2024 | ₹ 75 | ▲ | 36% | — | — |
| 22 Aug 2024 | ₹ 65 | — | 32% | — | — |
Orient Technologies IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 21 Aug 2024
- Close 23 Aug 2024
- Allotment 26 Aug 2024
- Refund/credit 27 Aug 2024
- Listing 28 Aug 2024
Orient Technologies IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹206 |
|---|---|
| GMP-based estimate (pre-listing) | ₹297 (+44.2%) |
| Listing gain / loss | +₹82 per share |
| Listing date | 28 Aug, 2024 |
| Actual listing price | ₹288 (+39.81%) |
Is Orient Technologies IPO GMP reliable?
Grey market premium for Orient Technologies IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Orient Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
Orient Technologies IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Orient Technologies IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Orient Technologies IPO
Orient Technologies Limited was incorporated as Orient Technologies Private Limited at Mumbai on 4 July 1997. It is an IT solutions provider headquartered in Mumbai.
Its business verticals include IT infrastructure, IT-enabled services, and cloud and data management services. It tailors and customises its products and solutions to client needs.
Its promoters are Ajay Baliram Sawant, Jayesh Manharlal Shah, Umesh Navnitlal Shah and Ujwal Arvind Mhatre.
The IPO was Rs 214.76 crore, with Rs 120.00 crore of fresh issue and Rs 94.76 crore of offer for sale by the four promoters. Rs 79.65 crore was planned for capital expenditure and Rs 10.35 crore for an office in Navi Mumbai.
Frequently asked
What is the GMP of Orient Technologies IPO?
The current Grey Market Premium (GMP) of Orient Technologies IPO is ₹ 91.
What is the Kostak Price of Orient Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Orient Technologies IPO is not available.
What is the Subject to Sauda Price of Orient Technologies IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Orient Technologies IPO?
Orient Technologies IPO listed on August 28, 2024 at ₹288, against the issue price of ₹206 — a gain of +39.81%.
How did the GMP of Orient Technologies IPO trend before listing?
The GMP of Orient Technologies IPO was rising in its final days before listing. The GMP peaked at ₹91 on 27 August 2024. View the day-wise table above for the complete GMP history.
Explore Orient Technologies IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
