Orient Technologies IPO GMP Today
The Orient Technologies IPO GMP is ₹70 (+34.0% over the upper price band of ₹206) as of 21 Aug 2024, giving an estimated listing price of ₹276 per share. On a minimum application of 72 shares, that is an estimated gain of ₹5,040. GMP has risen by ₹40 since tracking began on 20 Aug.
Last updated
- Issue Price
- ₹206
- GMP
- ₹70
- GMP %
- +34.0%
- Est. listing
- ₹276
- Est. gain / application
- +₹5,040
Orient Technologies IPO GMP trend
Tracked for 15 days. High ₹82 on 23 Aug, low ₹0 on 17 Aug.
Orient Technologies IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (72 sh) |
|---|---|---|---|---|---|
| (latest) | ₹70 | 0 | 33.98% | ₹276 | +₹5,040 |
| ₹70 | -₹12 | 33.98% | ₹276 | +₹5,040 | |
| ₹82 | +₹82 | 39.81% | ₹288 | +₹5,904 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹206 | ₹0 | |
| ₹0 | -₹55 | 0.00% | ₹206 | ₹0 | |
| ₹55 | 0 | 26.70% | ₹261 | +₹3,960 | |
| ₹55 | +₹25 | 26.70% | ₹261 | +₹3,960 | |
| ₹30 | — | 14.56% | ₹236 | +₹2,160 |
Est. listing = upper price band (₹206) + GMP. Est. gain = GMP × 72 shares (1 lot, the minimum application).
Orient Technologies IPO subscription status
| QIB | 189.90x |
|---|---|
| bNII | 332.96x |
| sNII | 235.88x |
| Retail | 66.87x |
| Total | 151.71x |
Reading the Orient Technologies IPO GMP
The grey market premium is the price above the issue price at which Orient Technologies IPO shares are informally traded before listing. A GMP of ₹70 on an upper band of ₹206 suggests the shares could open around ₹276, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Orient Technologies IPO GMP: FAQs
- What is Orient Technologies IPO GMP today?
- The latest grey market premium (GMP) for the Orient Technologies IPO is ₹70 as of 21 August 2024, which is 33.98% over the upper price band of ₹206.
- What is the expected listing price of Orient Technologies IPO?
- Based on the current GMP, the estimated listing price of Orient Technologies IPO is ₹276 per share (₹206 issue price + ₹70 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Orient Technologies IPO?
- The lot size is 72 shares. The minimum application is 1 lot, which costs ₹14,832 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.