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The IPO of the information technology solutions provider was met with strong demand from non-institutional investors followed by institutional investors (QIBs).
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Orient Technologies IPO became the 4th most subscribed IPO of 2024 after it was subscribed 151.71 times on Friday. The IPO allotment will be finalised on Monday, August 26.
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Investors who bid for the issue can check Orient Technologies' IPO allotment status on Link Intime India and the BSE website.
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· Visit the Link Intime India website here: https://linkintime.co.in/Initial_Offer/public-issues.html. · Choose "Orient Technologies Limited" from the list of companies in the dropdown. · Select and enter either PAN, Application Number, DP/Client ID or Account Number/IFSC to verify your allotment status. Click the "Submit" button to check your allotment status
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· Go to the BSE website · Select the issue type as 'Equity.' · Choose "Orient Technologies Limited" from the dropdown menu. · Enter your application number or PAN (Permanent Account Number). Click on the "Search" button to view your allotment status
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The shares of Orient Technologies Limited are set to be listed on BSE and NSE on Wednesday, August 28.
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Compared to recent IPOs in the technology sector, Orient Technologies stands out due to its strong market position and growth trajectory.
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After the IPO listing, Orient Technologies is expected to continue its growth momentum. The company's management has outlined a clear roadmap for the future, with a focus on expanding its market presence and investing in new technologies.
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