Founded in 2013, Oriana Power Limited is a prominent provider of solar energy solutions, dedicated to offering sustainable and renewable energy options to both industrial and commercial customers. With a vision for a better future, they aim to empower individuals and organizations with high-quality solar energy solutions.
Oriana Power specializes in low-carbon energy solutions, offering a comprehensive range of on-site solar project installations, including rooftop and ground-mounted systems, as well as off-site solar farms through Open access.
The company’s operations can be categorized into two main areas:
- Capital Expenditure (CAPEX): Oriana Power takes charge of the entire process, from Engineering, Procurement, and Construction (EPC) to the operation of solar projects. This approach ensures efficient project execution and optimal performance.
- Renewable Energy Service Company (RESCO): Under this model, Oriana Power provides solar energy solutions based on the Build, Own, Operate, and Transfer (BOOT) framework. By adopting this approach, they assume full responsibility for the solar projects, allowing their customers to reap the benefits without having to invest in the infrastructure.
With their commitment to promoting a greener and more sustainable world, Oriana Power Limited stands as a reliable and forward-thinking provider of solar energy solutions, empowering businesses and individuals to harness the potential of renewable energy for a brighter and cleaner future.
Oriana Power Limited Stock Quote #
- Open: ₹312.00
- High – Low: ₹314.65 – ₹302.10
- Previous Close: ₹299.70
- Total Traded Value: 1,98,000
- Updated On: Aug 22, 2023 4:00 PM
IPO Details #
Oriana Power IPO is a Book Built Issue. The IPO total issue size is Rs 59.66 Cr. The Oriana Power IPO price is ₹115 to ₹118 per share. The IPO will list on NSE SME.
| IPO Date | Aug 1, 2023 to Aug 3, 2023 |
| Listing Date | Aug 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹115 to ₹118 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 5,055,600 shares (aggregating up to ₹59.66 Cr) |
| Fresh Issue | 5,055,600 shares (aggregating up to ₹59.66 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,127,000 |
| Share holding post issue | 19,182,600 |
| Market Maker portion | 255,600 shares Share India Securities |
Oriana Power IPO Reservation #
Oriana Power IPO a total of 5,055,600 shares are offered. QIB: 960,000 (18.99%), RII: 1,680,000 (33.23%), NII: 720,000 (14.24%).
| Anchor Investor Shares Offered | 1,440,000 (28.48%) |
| Market Maker Shares Offered | 255,600 (5.06%) |
| QIB Shares Offered | 960,000 (18.99%) |
| NII (HNI) Shares Offered | 720,000 (14.24%) |
| Retail Shares Offered | 1,680,000 (33.23%) |
| Total Shares Offered | 5,055,600 (100%) |
Oriana Power IPO Timetable (Tentative) #
Oriana Power IPO opens on Aug 1, 2023, and closes on Aug 3, 2023.
| IPO Open Date | Tuesday, 1 August 2023 |
| IPO Close Date | Thursday, 3 August 2023 |
| Basis of Allotment | Tuesday, 8 August 2023 |
| Initiation of Refunds | Wednesday, 9 August 2023 |
| Credit of Shares to Demat | Thursday, 10 August 2023 |
| Listing Date | Friday, 11 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 3, 2023 |
Oriana Power IPO Lot Size #
The minimum lot size of this Oriana Power IPO is 1200 shares required is ₹141,600.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹141,600 |
| Retail (Max) | 1 | 1200 | ₹141,600 |
| HNI (Min) | 2 | 2,400 | ₹283,200 |
| Lot Size Calculator | |||
Oriana Power IPO Promoter Holding #
Mr. Anirudh Saraswat, Mr. Rupal Gupta and Parveen Kumar are the Promoters of the Company.
| Pre Issue Share Holding | 83.40% |
| Post Issue Share Holding | 61.41% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 2,964.83 | 3,376.98 | 282.38 | 771.29 | 464.29 | 75.23 |
| 31-Mar-22 | 5,572.69 | 10,146.86 | 695.53 | 1,775.82 | 1,159.82 | 769.07 |
| 31-Mar-23 | 7,799.99 | 13,395.37 | 1,268.52 | 3,621.84 | 2,950.84 | 1,489.19 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
Oriana Power IPO Market Cap is Rs 226.36 Cr and P/E (x) is 20.7.
| KPI | Values |
|---|---|
| P/E (x) | 20.7 |
| Market Cap (₹ Cr.) | 226.36 |
| ROE | 1.97 |
| ROCE | 46% |
| Debt/Equity | 0.41 |
| EPS (Rs) | 17.5 |
| RoNW | 34.10% |
Objects of the Issue #
The company intends to utilize the net proceeds for the Following Objects:
- 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 IPO Subscription Status (Bidding Detail) #
The Oriana Power IPO is subscribed 24.50 times on Aug 2, 2023 1:11:00 PM. The public issue subscribed 43.01 times in the retail category, 0.23 times in the QIB category, and 13.65 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0.23 | 9,60,000 | 2,22,000 |
| NII* | 13.65 | 7,20,000 | 98,29,200 |
| Retail | 43.01 | 16,80,000 | 7,22,52,000 |
| Total | 24.50 | 33,60,000 | 8,23,03,200 |
Total Application : 60,210 (43.01 times)
*Market Maker portion is not included to NII/HNI.
Oriana Power IPO Prospectus #
- Oriana Power IPO DRHP
- Oriana Power IPO RHP
- Anchor Investors in Oriana Power IPO
Company Contact Information #
Flat No. 412A, Building No. 43,
Chiranjiv Tower, Nehru Place,
New Delhi – 110019
Phone: +91 – 78178 03330
Email: cs@orianapower.com
Website: https://orianapower.com/
Oriana Power IPO Registrar #
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Oriana Power IPO Lead Manager(s) #
Frequently Asked Questions (FAQs) for Oriana Power IPO #
What are the key details of the Oriana Power IPO? #
- IPO Open Date: August 1, 2023
- IPO Close Date: August 3, 2023
- IPO Price: ₹118 per share
- Face Value: ₹10 per share
- IPO Size: ₹59.66 Crores
- Listing at: NSE SME
- Lot Size: 1200 Shares
How can I check the allotment status of the Oriana Power IPO? #
On August 8, 2023, the company is expected to make the Oriana Power IPO allotment status available. To check the allotment status online, investors can visit the official website’s Oriana Power IPO allotment status page. You will need to provide either your PAN number, Application Number, or DP Client ID of the demat account to check the allotment status.
What is the timetable for the Oriana Power IPO? #
- IPO Opening Date: August 1, 2023
- IPO Closing Date: August 3, 2023
- Basis of Allotment: August 8, 2023
- Initiation of Refunds: August 9, 2023
- Credit of Shares to Demat: August 10, 2023
- Listing Date: August 11, 2023
When will Oriana Power IPO be listed on the stock exchange? #
The Oriana Power IPO shares are proposed to be listed on August 11, 2023, on NSE SME. The exchange will announce the actual listing date.
What is the subscription status of the Oriana Power IPO? #
The Oriana Power IPO has been subscribed as follows:
- Qualified Institutional Buyers (QIB): 0.23 times
- Non-Institutional Investors (NII): 13.74 times
- Retail Individual Investors (RII): 43.57 times
- Overall Subscription: 24.79 times
What is the expected listing price of Oriana Power IPO shares? #
The expected listing price of Oriana Power IPO shares depends on various factors, including market demand, business nature, and economic conditions. The grey market premium can give some hint, but the actual listing price is difficult to predict.
Please note that this information is based on the provided data. For the latest updates and detailed information, you can visit the provided URL: Oriana Power IPO FAQs.
