Orbit Corporation Limited is a Mumbai based real estate construction and development company with primary focus on redevelopment of existing properties. Orbit specializes in developing, designing and managing “Build to suit” high-end residential and commercial properties.
Orbit Corporation Limited also engages in real estate activities through Orbit Constructions & Realtors Private Limited, Orbit Buildcon & Realty Private Limited and Orbit Housing Private Limited.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to
1. Advances towards acquisition cost of new projects that we propose to develop/ redevelop;
2. Project development cost of the existing projects;
3. Investment in wholly owned subsidiaries.
IPO Opening Date | Mar 20, 2007 |
IPO Closing Date | Mar 23, 2007 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹108 to ₹117 per equity share |
Market Lot | 50 Shares |
Min Order Quantity | 50 Shares |
Listing At | BSE, NSE |
Issue Size | 9,100,000 Eq Shares of ₹10 (aggregating up to ₹100.10 Cr) |
The Orbit IPO market lot size is 50 shares. A retail-individual investor can apply for up to 34 lots (1700 shares or ₹198,900).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 50 | ₹5,850 |
Maximum | 34 | 1700 | ₹198,900 |
The Orbit IPO is subscribed 3.85x times on Mar 23, 2007 17:00. The public issue subscribed 0.89x in the retail category, 5.70x in the QIB category, and 4.60x in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
Total | 3.85x |
Listing Date | Thursday, April 12, 2007 |
BSE Script Code | 532837 |
NSE Symbol | ORBITCORP |
Listing In | B1 |
ISIN | INE628H01015 |
IPO Price | ₹110 per equity share |
Face Value | ₹10 per equity share |
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Orbit Corporation Limited
Orbit Corporation Limited,
1st Floor, The View, 165, Dr. Annie Besant Road,
Mumbai – 400 018
Phone: +91 22 3044 6900
Email: ipo@orbitcorp.com
Website: http://www.orbitcorp.com
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: orbitcorp-ipo@intimespectrum.com
Website: http://www.linkintime.co.in
Orbit IPO is a main-board IPO of 9,100,000 equity shares of the face value of ₹10 aggregating up to ₹100.10 Crores. The issue is priced at ₹108 to ₹117 per equity share. The minimum order quantity is 50 Shares.
The IPO opens on Mar 20, 2007, and closes on Mar 23, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Orbit IPO opens on Mar 20, 2007 and closes on Mar 23, 2007.
Orbit IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.
You can apply in Orbit IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Orbit IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Orbit IPO allotment status.
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