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Issue Open Date
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21-Aug-24
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Issue Closing Date
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23-Aug-24
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Application Money
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100
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Allotment Money
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Price Band
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195
-
206
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Minimium Application No.
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72
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Issue Size (Shares)
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7449846
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Market Lot
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1
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Objective
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1. Acquisition of office premise at Navi Mumbai situated at unit no 1201, 1202, 1203, and 1204, respectively which are situated at Plutonium Business Park, Trans-Thana Creek Industrial Area, Turbhe MIDC, District Thane, Navi Mumbai (collectively, Navi Mumbai Property).2. Funding capital expenditure requirements for: i. Purchase of equipment for setting up of Network Operating Centre (NOC) and Security Operation Centre (SOC) at Navi Mumbai Property; and ii. Purchase of equipment and devices to offer Devise-as-a-Service (DaaS) offering. (collectively, Capital Expenditure).3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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1613077
|
484883712
|
300.595515279184
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Qualified Institutional Buyers
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2072922
|
393646320
|
189.899243676318
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Retail Individual Investors
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3763847
|
251690616
|
66.8705757699503
|
|
|
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Business Description
We are a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtraincorporated in the year 1997. Over the years we have built deep expertise to develop products and solutions forspecialised disciplines across our business verticals which are set out below.1. IT Infrastructure: Products and solutions include Data Centre Solutions and End-User Computing.2. IT Enabled Services (IteS): Services include Managed Services, Multi-Vendor Support Services.3 IT FacilityManagement Services, Network Operations Centre Services, Security Services, and Renewals Cloud and Data Management Services: Services include migration of workload from data centres to cloud.Our business operations involve technologically advanced solutions for which we collaborate with a wide range oftechnology partners including Dell International Services India Private Limited (Dell) and Fortinet, Inc. (Fortinet)and Nutanix Netherlands B.V. (Nutanix). A key facet of our product and service offerings is our ability to tailor andcustomise our offerings to the specific needs of our customers. Our collaboration with our technology partnersheightens our ability to design and innovate products and provide solutions tailored to specific customer requirements.
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Promoter's Holding
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Total Share Capital
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35087500
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Offered to Public
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10425242
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Promoter's Holding (Pre-Issue)
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97.96
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Promoter's Holding (Post-Issue)
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73.21
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Address |
Off No. 502 5th Floor Akruti Star Central Road M I D C Opposite Akruti Point Central Andheri (East)
Mumbai,
Maharashtra,
400093
Phone : 022-42928800
Email : complianceofficer@orientindia.net
Website : www.orientindia.in
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Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at |
BSE, NSE
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Lead Manager |
Elara Capital (India) Pvt Ltd
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Promoters |
Ajay Baliram Sawant Jayesh Manharlal Shah Ujwal Arvind Mhatre Umesh Navnitlal Shah
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