Oriana Power Limited IPO
NSE SMEListed On: Aug 11, 2023 at ₹ 302.0
₹ 283200 /2400 Shares
*Min Investment
01 Aug, 2023
Open Date03 Aug, 2023
Close Date08 Aug, 2023
Allotment Date11 Aug, 2023
Listing DateOriana Power Limited IPO Issue Details
- Issue Price ₹115-118 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,055,600 shares(aggregating up to ₹59.66 Cr)
- Listing at NSE SME
- List Price 302.0
- Listing Date 2023-08-11
- Lead Manager Corporate Capitalventures Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
Oriana Power Limited IPO Details
- Retail Portion 35%
Oriana Power Limited IPO Details
Oriana Power Limited IPO is an SME IPO, priced at ₹115-118 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Aug 1, 2023 to Aug 3, 2023. The allotment is expected to be finalized on Aug 8, 2023, and the tentative listing date is Aug 11, 2023.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Oriana Power Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,60,000 / 7,20,000 | 16,80,000 | 33,60,000 |
Day 1 01-08-23 06:00 PM | 0.21 / 8.16 x | 23.30 x | 13.45 x |
Day 2 02-08-23 06:00 PM | 3.78 / 23.88 x | 68.76 x | 40.58 x |
Day 3 03-08-23 06:00 PM | 72.16 / 252.08 x | 203.87 x | 176.57 x |
Oriana Power Limited Valuations
Oriana Power Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 7,799.99 | 5,572.69 | 2,964.83 |
| Revenue | 13,395.37 | 10,146.86 | 3,376.98 |
| Profit After Tax | 1,268.52 | 695.53 | 282.38 |
About Oriana Power Limited Company
Oriana Power Limited provides solar energy solutions. They offer their services to industrial and commercial customers. Their vision is to offer high-quality solar energy solutions such that individuals and organizations can use sustainable and renewable energy sources for a better future.
Oriana Power offers low-carbon energy solutions, which involve on-site solar project installations i.e., rooftop and ground-mounted systems and off-site solar farms i.e. Open access.
Oriana Power Limited's operations can be divided into the following:
Capital Expenditure (CAPEX): This involves Engineering, Procurement, construction, and operation of solar projects
Renewable Energy Service Company (RESCO): In this model, they provide solar energy solutions on a BOOT (Build, own, operate, transfer) model basis.
Oriana Power Limited - Promoter(s)
Mr. Anirudh Saraswat
Mr. Rupal Gupta
Mr. Parveen Kumar
Pre Issue Share Holding : 83.40%
Post Issue Share Holding : 61.41%
Oriana Power Limited IPO - Issue Objectives
Working capital requirement: This refers to the funds needed to cover day-to-day operating expenses, such as salaries, rent, utilities, and inventory.
Investment in subsidiary companies
Capital expenditure: This could include investments in technology, equipment, and infrastructure to support the growth and expansion of the business.
Oriana Power Limited IPO - FAQs
Ans. Oriana Power Limited IPO is a SME IPO. The issue is priced at ₹115-118 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 1, 2023, and closes on Aug 3, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Oriana Power Limited IPO opens on Aug 1, 2023 and closes on Aug 3, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Oriana Power Limited IPO is 5,055,600 shares(aggregating up to ₹59.66 Cr).
Ans. The Oriana Power Limited IPO price band is set between ₹115-118 per equity share.
Ans. To apply for Oriana Power Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Oriana Power Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Oriana Power Limited IPO is Aug 8, 2023.
Ans. The Oriana Power Limited IPO will be listed on Aug 11, 2023.
Ans. Follow the steps to check the Oriana Power Limited IPO allotment status online.
