Oriana Power Limited IPO

NSE SME

Listed On: Aug 11, 2023 at ₹ 302.0

₹ 141600 /1200 Shares

Check Allotment

Oriana Power Limited IPO Details

01 Aug, 2023

Open Date

03 Aug, 2023

Close Date

08 Aug, 2023

Allotment Date

11 Aug, 2023

Listing Date

Issue Price

₹115-118 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

302.0

Listing Date

2023-08-11

Market Lot

1200 Shares (₹141,600/-)

Lead Manager

Corporate Capitalventures Pvt Ltd

Issue Size

5,055,600 shares(aggregating up to ₹59.66 Cr)

Retail Portion

35%

Subscription

176.57 times

IPO Docs

DRHP RHP

Oriana Power Limited IPO Subscription 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

Earnings Per Share (EPS)

₹17.5/-

P/E Ratio

N/A

RoNW

34.10%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Oriana Power Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: 83.40%

Post Issue Share Holding: 61.41%

Company Promoter(s)

Mr. Anirudh Saraswat
Mr. Rupal Gupta
Mr. Parveen Kumar

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. The size of Oriana Power Limited IPO is 5,055,600 shares(aggregating up to ₹59.66 Cr).

Ans. The IPO price band is set between ₹115-118 per equity share.

Ans. To apply for Oriana Power Limited IPO 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 allotment status for Oriana Power Limited IPO here.