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August 21, 2024 - August 23, 2024

Orient Technologies IPO Review & Recommendations

Orient Technologies IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 10 1 1 0 3
% 66.67 6.67 6.67 0.00 20.00

Orient Technologies IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Orient Technologies IPO is 40. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer Rating Score Rating
Capital Market 40 Avoid, however active risk seekers can try

Orient Technologies IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment of IT solutions and related services providing. It marked steady growth in its top and bottom lines for the reported periods. As of June 30, 2024, it has orders on hand worth Rs. 101+ cr. Based on FY24 earnings, the issue appears fully priced discounting all near term positives. Well-informed investors may park moderate fund for medium to long term. Read detail review...

Orient Technologies IPO Peer Comparison

Orient Technologies Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)Financial statements
Orient Technologies Limited11.811.848.9523.64Standalone
Dynacons Systems & Solutions Ltd.42.4142.37124.0229.4734.13Consolidated
Hcl Technologies Ltd.57.9957.86251.5826.9323.01Consolidated
Wipro Ltd.20.8920.82143.7723.3914.79Consolidated
LTIMindtree Limited154.85154.48676.1934.5622.89Consolidated
Allied Digital Services Ltd.8.298.07111.9326.057.41Consolidated
Dev Information Technology Limited4.194.1825.9229.0116.26Consolidated
Tech Mahindra Ltd.26.6626.58277.9355.178.83Consolidated
Silicon Rental Solutions Ltd12.5661.1414.4120.54Standalone

Notes:

  1. All the financial information for Orient Technologies Limited mentioned above is based on the Restated Financial Statements for the year ended March 31, 2024.
  2. All the financial information for listed industry peers mentioned above is on a standalone or consolidated basis (whichever is applicable as stated in the above table) and is sourced from the audited standalone or consolidated (whichever is applicable as stated in the above table) financial results and shareholding pattern (i.e. total shares held including depository shares) of the respective companies for the financial year ended March 31, 2024 available on the website of BSE Limited at www.bseindia.com.
  3. NAV is computed as the closing net worth (sum of equity share capital, other equity and non-controlling interest) divided by the closing outstanding number of equity shares as on March 31, 2024.
  4. P/E Ratio has been computed based on the closing market price of equity shares on August 8, 2024, on www.bseindia.com, divided by the Diluted EPS as on March 31, 2024. However, as per audited standalone financial results of Silicon Rentals Solutions Limited for the financial year ended March 31, 2024, Diluted EPS is not available. Hence, Basic EPS has been considered for above P/E computation for Silicon Rentals Solutions Limited.
  5. RoNW is computed as net profit after tax (including profit attributable to non-controlling interests) divided by closing net worth. Net worth has been computed as the aggregate of share capital, reserves and surplus and non-controlling interests. In case the net worth is negative for a particular year, the same has not been considered.

Orient Technologies IPO Review by Members

Orient Technologies IPO Reviews, analysis and views by popular members. Read Orient Technologies Limited IPO reviews by retail investors to find recommended ipo to buy.

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Orient Technologies IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 2 0 0 0
% 100.00 0.00 0.00 0.00
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Member Review
Ak gupt

Apply for Long Term at Upper Price Band

Looks good ipo for long term along with 10 to 15 % listing gain.

August 21, 2024 5:17:58 PM
JAGADISH RATNAKARAM

Apply for Listing Gain at Upper Price Band

Just go for it

August 18, 2024 5:27:03 PM

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