| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 11 Nov 2024 | 22 Nov 2024 | 22 Nov 2024 | 1.8 | 18 | Interim |
| Outcome of Board Meeting held on November 11, 2024. Declared the Interim Dividend for the Financial Year 2024-25 at a rate of Rs. 1.80/- in words One Rupee and Eighty paisa (18%) per equity share bearing face value of Rs. 10/- each, which will be paid to the shareholders within thirty 30 days of declaration of the same. | ||||||
Orient Technologies' shares rose by 5% to ₹304.45 on the BSE, following a good debut on Wednesday.
The company will use fresh issues to acquire multiple premises and fund capital expenditure.
Investors bid for 70.56 crore equity shares, which exceeded the offer amount of 74.5 lakh shares.
Orient Technologies' IPO subscription status indicates a significant reaction from primary market investors.
Investors can bid for a minimum of 72 equity shares and in multiples thereafter.
At 04:18 pm, the issue was overbid by 5.84 times. So far, retail investors have been the most active, subscribing to 9.47 times
The allotment of shares is expected to occur on Monday, August 26, 2024, with shares credited to demat accounts on Tuesday, August 27, 2024.
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