The Orient Technologies IPO has seen remarkable demand, with subscriptions reaching over 17 times by the second day. The issue received bids for 12.6 million shares against the 7.4 million shares available, within a price range of ₹195-206.
The retail and non-institutional investor segments were highly subscribed, at 24.49 times and 20.97 times, respectively, while the qualified institutional buyer segment was less active at 0.16 times. The IPO, valued at ₹214.76 crore, includes a fresh issue of ₹120 crore and an offer for sale of ₹94.76 crore. The final allotment is expected on August 26, with the listing scheduled for August 28 on BSE and NSE.