Orient Technologies IPO Sees Massive 151.71x Subscription

Orient Technologies' IPO received a strong response, with the issue being oversubscribed 151.71 times on the final day.

Investors bid for 113.02 crore shares, far surpassing the offer size of 74.5 lakh shares. Non-Institutional Investors (NII) led with a 300.59x subscription, followed by Qualified Institutional Buyers (QIB) at 189.9x and Retail Individual Investors (RII) at 66.87x. The IPO, worth Rs 214.76 crore, includes fresh issues and offers for sale. 

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