Oriana Power Limited IPO (Oriana Power IPO)

Oriana Power Limited IPO
Upcoming Oriana Power IPO | New Oriana Power IPO

Oriana Power Limited is a specializes in providing solar energy solutions to industrial and commercial customers. The company offer low carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access.

Oriana Power business operations are primarily divided into two segments:

  • Capital Expenditure (CAPEX)
  • Renewable Energy Service Company (RESCO)

Under the CAPEX model, the company offer Engineering, Procurement, construction, and operation of solar projects.

Under the RESCO model, the company operate through its 17 (seventeen subsidiaries). Oriana Power subsidiaries provide solar energy solutions on a BOOT (Build, own, operate, transfer) model basis, allowing our customers to enjoy the benefits of solar energy without the upfront investment.

Oriana Power IPO

Oriana Power IPO – Details

IPO Opening Date01 August 2023
IPO Closing Date03 August 2023
Issue TypeBook Built Issue IPO
Issue Size50,55,600 Shares Worth ₹59.66 Crore
Fresh Issue: 50,55,600 Shares Worth ₹59.66 Crore
Face Value₹10 per equity share
IPO Price₹115 – ₹118
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Oriana Power IPO – Date Schedule

IPO Open Date1 August 2023
IPO Close Date3 August 2023
Basis of AllotmentAugust 2023
Initiation of RefundAugust 2023
Credit of Shares to Demat AccountAugust 2023
IPO Listing DateAugust 2023
Cut-off time for UPI mandate confirmation5 PM on Aug 03, 2023

Oriana Power IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)112001,41,600
Retail (Maximum)112001,41,600
HNI (Minimum)224002,83,200

Competitive Strengths

  • Comprehensive end-to-end EPC solutions provider with a global execution track record.
  • Strong relationship with customers and other key stakeholders.
  • Well equipped with advance technology.
  • Experienced Promoters and Technically Sound Operation Team.
  • Track record of growth and profitability.
  • Long term relationship with clients and repeat business.

Company Promoters

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

Object Of The Issue

  • Working Capital Requirements of the Company.
  • Investment in Subsidiaries Company.
  • Capital expenditure on infrastructure & technology for expansion.
  • General Corporate Purposes.
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202133.7629.952.82
31 March 2022101.4692.136.95
31 March 2023133.95116.3112.68
Amount in ₹ Crore

Key Performance Indicator

P/E (x)20.7
Market Cap (₹ Cr.)226.36
EPS (Rs)17.5

Oriana Power IPO Promoter Holding

Pre Issue Share Holding83.40%
Post Issue Share Holding61.41%

Oriana Power IPO Prospectus

Company Contact Information

Oriana Power Limited

Flat No. 412A, Building No.
43, Chiranjiv Tower, Nehru
Place, New Delhi – 110019

+91 – 78178 03330

Oriana Power IPO Registrar

Skyline Financial Services Private Limited

Phone: +91- 11-40450193-97
Email: ipo@skylinerta.com

Oriana Power IPO Lead Manager(s)

1. Corporate Capital Ventures Private Limited

Oriana Power IPO FAQs

Oriana Power IPO FAQs
What is Oriana Power IPO?

Oriana Power IPO is a SME IPO. The issue is priced at ₹115 – ₹118 per equity share. The IPO is to be listed on NSE SME.
When Oriana Power IPO will open?

The IPO is to open on  01 August 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors.
How to Oriana Power IPO?

You can apply Oriana Power IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Oriana Power IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Oriana Power”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Oriana Power IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Oriana Power”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Oriana Power IPO Size?

Oriana Power IPO size is ₹[] crores.
What is Oriana Power IPO Price Band?

Oriana Power IPO Price Band is ₹115 – ₹118.
What is Oriana Power IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,41,600 amount while the maximum bid is 1200 shares with ₹1,41,600.
What is the Oriana Power IPO Allotment Date?

Oriana Power IPO allotment date is  August 2023.
What is the Oriana Power IPO Listing Date?

Oriana Power IPO listing date is August 2023. The IPO is to list on NSE SME.
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