ORIANA POWER (NSE SME)
August 1, 2023 – August 3, 2023
| Price | ₹115 - ₹118 |
| Premium | ₹125 |
|---|---|
| Lot size | 1200 |
| Allotment | Aug 8, 2023 |
| Listing | Aug 11, 2023 |
Oriana Power Limited
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/
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 9,60,000 | 6,92,72,400 | 72.16 |
| NIB | 7,20,000 | 18,15,02,400 | 252.09 |
| RETAIL | 16,80,000 | 34,27,77,600 | 204.03 |
| Total | 33,60,000 | 59,35,52,400 | 176.65 |
| Retail Apps | 2,85,648 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 141600 | 0 |
| HNI | 2 | 2400 | 283200 | 0 |
Incorporated in 2013, 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 IPO Details
| Total Issue Size | 5,055,600 shares (aggregating up to ₹59.66 Cr) |
| Fresh Issue | 5,055,600 shares (aggregating up to ₹[.] 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
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
Company Financials
| Period Ended | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|
| Total Assets | 2,964.83 | 5,572.69 | 7,799.99 |
| Total Revenue | 3,376.98 | 10,146.86 | 13,395.37 |
| Profit After Tax | 282.38 | 695.53 | 1,268.52 |
| Net Worth | 771.29 | 1,775.82 | 3,621.84 |
| Reserves and Surplus | 464.29 | 1,159.82 | 2,950.84 |
| Total Borrowing | 75.23 | 769.07 | 1,489.19 |