Oriana Power Ltd
Price Range
₹118
Min. Quantity
1,200
Closes on
3 August 2023
Min. investment
₹1,41,600/1,200 Shares
Oriana Power Ltd IPO Timeline
Oriana Power Ltd was originally incorporated on February 21, 2013 as a Private Limited Company as 'Oriana Power Private Limited' with the Registrar of Companies, Delhi. Thereafter, Company was converted from a Private Limited Company to Public Limited Company and consequently, name of Company got changed to Oriana Power Limited' vide Fresh Certificate of Incorporation issued on April 24, 2023 by the Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| Oriana Power Ltd IPO Opening Date | 1 August 2023 |
| Oriana Power Ltd IPO Closing Date | 3 August 2023 |
| Basis of Allotment | 8 August 2023 |
| Initiation of Refunds | 9 August 2023 |
| Credit of Shares to Demat | 10 August 2023 |
| Oriana Power Ltd IPO Listing Date | 11 August 2023 |
Oriana Power Ltd IPO Details
| Oriana Power Ltd IPO Date | 1 August 2023 to 3 August 2023 |
| Oriana Power Ltd IPO Face Value | ₹10 per share |
| Oriana Power Ltd IPO Price | ₹118 to ₹0 per share |
| Oriana Power Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹59.66 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹58.14 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Anirudh Saraswat, Rupal Gupta, Praveen Kumar |
Oriana Power Ltd IPO Lot Size
The Oriana Power Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,41,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,41,600 |
| Maximum | 1 | 1,200 | ₹1,41,600 |
- Strengths
- Risks
- Opportunities
- 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 Financials
Oriana Power Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 298.36 | 379.94 | 55.13 |
| 03-2023 | 77.74 | 133.95 | 12.49 |
| 03-2022 | 55.73 | 101.47 | 6.96 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of working capital requirements
- Investment in subsidiary companies
- Capital expenditure on infrastructure & technology for expansion
- General corporate expenses
Oriana Power Ltd IPO Promoter Holding
| Pre Issue Share Holding | 27.8% |
| Post Issue Share Holding | 20.47% |
Oriana Power Ltd IPO Subscription Status (Bidding Detail)
The Oriana Power Ltd IPO is subscribed 117.4061 times on 3 August 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 117.4061 |
Oriana Power Ltd IPO Prospectus
Oriana Power Ltd IPO Listing Date
| Listing Date | 11 August 2023 |
| BSE Script | 91649 |
| NSE Symbol | ORIANA |
| Listing In | NSE - SME |
| ISIN | INE0OUT01019 |
| IPO Price | ₹118 |
| Face Value | ₹10 |
Company Contact Information
F # 412A Bld # 43 Chiranjiv -Tower Nehru Place,New Delhi-110019
Phone: +91-78178 03330
Email: cs@orianapower.com
Website: www.orianapower.com
Oriana Power Ltd IPO Registrar
Oriana Power Ltd IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd
FAQ
What is the issue size of Oriana Power Ltd IPO?
I have pre-applied for Oriana Power Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.