Orient Technologies IPO Subscription Status
Orient Technologies IPO was subscribed 154.84 times when bidding closed on 23 Aug 2024: QIB 188.79x, NII 310.03x, Retail 68.93x.
The Orient Technologies IPO has been subscribed 154.84x times overall. Retail investors have shown interest with bids for 68.93x the shares available. The Non-Institutional Investor (NII) category has been subscribed 310.03x. Within NII, Big HNI (B-HNI) subscribed 343.45x and Small HNI (S-HNI) subscribed 243.2x. Qualified Institutional Buyers (QIBs) have subscribed 188.79x. Data last updated on 10 Nov, 06:50 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 21 Aug, 2024 and closes on 23 Aug, 2024. The shares are expected to list on stock exchanges on 28 Aug, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 188.79x |
| NII | - of - - | 310.03x |
bHNI — bid amount above ₹10 Lakh |
- - | 343.45 |
sHNI — bid amount ₹2–10 Lakh |
- - | 243.2 |
| Retail | - of - - | 68.93x |
| TOTAL | - - | 154.84x |
Orient Technologies IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 69 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 188.79x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
23 Aug 2024
Day 3 |
154.84x | ▼ | |
|
QIB188.79x
BHNI343.45x
SHNI243.2x
Retail68.93x
|
|||
|
22 Aug 2024
Day 2 |
16.93x | ▼ | |
|
QIB0.16x
BHNI15.57x
SHNI31.74x
Retail24.45x
|
|||
|
21 Aug 2024
Day 1 |
6.65x | ▼ | |
|
QIB0.02x
BHNI4.32x
SHNI9.87x
Retail10.5x
|
|||
Orient Technologies IPO dates
From the bidding window 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
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Orient Technologies IPO?
As of IPO close date (23 Aug, 2024), the Orient Technologies IPO is subscribed 154.84x times. Retail category is 68.93x, and NII is 310.03x subscribed.
When is the allotment date for Orient Technologies IPO?
The allotment for Orient Technologies IPO is expected to be finalized on 26 August, 2024.
What is the GMP of Orient Technologies?
The Grey Market Premium (GMP) for Orient Technologies is currently ₹91, indicating a potential listing gain of 44%.
When will Orient Technologies IPO list on the stock market?
Orient Technologies is scheduled to list on BSE and NSE on 28 August, 2024.
What are the chances of getting allotment in Orient Technologies IPO?
The retail category is oversubscribed at 68.93x, meaning allotment is by lottery. Statistically, approximately 1 in 69 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 188.79x mean for Orient Technologies IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 188.79x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Orient Technologies IPO allotment status?
After the allotment date (26 Aug, 2024), you can check your Orient Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Orient Technologies IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
