Oriana Power IPO Details ( Oriana Power Limited IPO Review )
(01 Aug 2023 – 03 Aug 2023)
Founded in 2013, Oriana Power Limited specializes in providing solar energy solutions to industrial and commercial clients. Their mission is to enable individuals and organizations to embrace sustainable and renewable energy sources for a brighter future.
Oriana Power focuses on delivering high-quality solar energy solutions with a low-carbon footprint. They achieve this through on-site solar project installations, including rooftop and ground-mounted systems, as well as off-site solar farms with open access.
The company operates in two main areas:
- Capital Expenditure (CAPEX): This involves handling the entire process of solar projects, from engineering and procurement to construction and operation.
- Renewable Energy Service Company (RESCO): In this model, Oriana Power offers solar energy solutions based on the BOOT (Build, Own, Operate, Transfer) approach, providing comprehensive services throughout the project’s lifecycle.
Oriana Power Limited IPO Competitive Strength
- Experience Management Team
- Training and Skill development programs to strengthens Operation & Maintenance Team
- Investment in Subsidiary Companies
- Existing number, visible order book and favorable national policy support
- 24/7 Premium Support System
- ESG (Environment, Social and Governance)
- Enhance customer base by entering new geographies
- Leveraging our Market skills and Relationships
- Focus on quality
- To build-up a professional organization
Oriana Power IPO Financials Performance ( Results )
Oriana Power Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | 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 |
Objective of IPO Issue
- 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 Basic Details
| IPO Date | Aug 01, 2023 to Aug 03, 2023 |
| Listing Date | Friday, August 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹115 to ₹118 per share |
| Lot Size | 1200 Shares |
| 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 |
| Company Promoters | Mr. Anirudh Saraswat, Mr. Rupal Gupta And Mr. Parveen Kumar |
Oriana IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Oriana IPO Timetable
Oriana IPO will open on August 01, 2023 and close on August 03, 2023. You can join Oriana Power IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 01 August 2023 (Tuesday) |
| Closing Date | 03 August 2023 (Thursday) |
| Basis of Allotment | 08 August 2023 (Tuesday) |
| Initiation of Refunds | 09 August 2023 (Wednesday) |
| Credit of Shares to Demat | 10 August 2023 (Thursday) |
| Listing Date | 11 August 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 03 August 2023 |
Oriana Power IPO Lot Size
For retail investors in Oriana Power IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹141,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹141,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,200 | ₹141,600 |
| Retail (Max) | 1 | 1,200 | ₹141,600 |
| S-HNI (Min) | 2 | 2,400 | ₹283,200 |
Oriana Power IPO Promoter Holding
The company’s promoters include Mr. Anirudh Saraswat, Mr. Rupal Gupta And Mr. Parveen Kumar.
| Pre Issue Share Holding | 83.40% |
| Post Issue Share Holding | 61.41% |
Oriana Power Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 226.36 |
| Earning Per Share (EPS) | ₹20.85 per Equity Share |
| Net Asset Value (NAV) | ₹47.74 per Equity Share |
| P/E Ratio (P/E) (x) | 20.7 |
| Return on Net Worth Ratio (RoNW) (%) | 35.36 |
| Return on equity Ratio (ROE) | 1.97 |
| Return on Capital Employed Ratio (ROCE) | 0.46 |
| Debt/Equity Ratio | 0.41 |
| Upper Price/Book Value (Price/BV) Ratio | 2.47 |
Oriana Power Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Oriana Power Limited | Consolidated | 10 | 17.50 | 20.70 | 34.10 | 47.74 |
| Peer Group | ||||||
| KPI Green Energy Limited | Consolidated | 10 | 30.33 | 13.77 | 21.25 | 71.38 |
| Gensol Engineering Limited | Consolidated | 10 | 21.50 | 51.71 | 11.89 | 171.82 |
Oriana Power IPO GMP Today Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 7 August 2023 | ₹120 | – | – |
| 6 August 2023 | ₹120 | – | – |
| 5 August 2023 | ₹106 | – | – |
| 4 August 2023 | ₹107 | – | – |
| 3 August 2023 | ₹103 | – | – |
| 2 August 2023 | ₹103 | – | – |
| 1 August 2023 | ₹103 | – | – |
| 31 July 2023 | ₹103 | – | – |
| 30 July 2023 | ₹101 | – | – |
| 29 July 2023 | ₹100 | – | – |
| 28 July 2023 | ₹95 | – | – |
| 27 July 2023 | ₹95 | – | – |
| 26 July 2023 | ₹80 | – | – |
Oriana Power IPO Detail Video:
Oriana Power IPO Subscription Status (Bidding Detail)
The Oriana Power IPO on August 3, 2023 at 7:30:00 PM was subscribed 176.58 times, with the retail category being subscribed 204.04 times, the NII (Non-Institutional Investor) category being subscribed 251.74 times and the QIB (Qualified-Institutional Buyers) category being subscribed 72.16 times.
| Category | Subscription |
| QIB | 72.16x |
| NII | 251.74x |
| Retail | 204.04x |
| Total | 176.58x |
Oriana Power IPO Prospectus
| Oriana Power IPO DRHP | Download |
| Oriana Power IPO RHP | Download |
| Oriana Power IPO Anchor Investors Details PDF | Download |
Oriana Power IPO Rating
| Our Rating | 4.0/5.0 |
Oriana Power Company Contact Information
Oriana Power Limited
Registered Office: Flat No. 412A, Building No. 43, Chiranjiv Tower,
Nehru Place, New Delhi – 110019
Tel: +91 – 78178 03330
E-mail: cs@orianapower.com
Website: https://orianapower.com/
Contact Person: Ms. Tanvi Singh, Company Secretary and Compliance Officer
Our Promoters: Mr. Anirudh Saraswat, Mr. Rupal Gupta And Mr. Parveen Kumar
Oriana Power IPO Registrar
Skyline Financial Services Private Limited
Registered Office: D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi110020
Tel No.: +91- 11-40450193-97
Fax No.: +91-11-26812683
E-mail: ipo@skylinerta.com
Investor Grievances Email Id: grievances@skylinerta.com
Website: http://www.skylinerta.com/
SEBI Registration No.: INR000003241
Contact Person: Mr. Anuj Rana
Oriana Power IPO Lead Manager
Corporate Capitalventures Private Limited
Registered Office: B1/E13, First Floor, Mohan Co-operative
Industrial Estate, Mathura Road, New Delhi – 110044
Tel: +91-11-41824066
Email: smeipo@ccvindia.com
Investor Grievances Email Id: investor@ccvindia.com
Website: www.ccvindia.com
SEBI Registration: INM000012276
Contact Person: Mrs. Harpreet Parashar
Oriana Power IPO FAQs
What is the lot size of Oriana Power IPO?
The total size of Oriana Power IPO is ₹59.66 crores and this is a complete fresh Issue.
When will Oriana Power IPO start?
Oriana Power IPO will open from 01 August 2023 and IPO will close on 03 August 2023.
What is the open date of Oriana Power IPO?
Oriana Power IPO will open date from 1 August 2023.
What is the last date ( close date ) of Oriana Power IPO?
Oriana Power IPO will close from 3 August 2023.
What is the price band of Oriana Power IPO?
Oriana Power IPO price band is ₹115 to ₹118. ( Upper Price Band: ₹118, Lower Price Band: ₹115 )
What is the minimum amount required to apply for Oriana Power IPO?
The minimum investment for retailers to apply for Oriana Power IPO is ₹141,600 and the maximum investment is ₹141,600.
What is going on gray market premium of Oriana Power IPO?
View gray market premium of Oriana Power IPO by Clicking Here
How much is the GMP of Oriana Power IPO?
Watch Oriana Power IPO GMP Today: Click Here
What is the allotment date of Oriana Power IPO?
The allotment date of Oriana Power IPO is 08 August 2023.
How to check allotment status in Oriana Power IPO?
To check the allotment status of Oriana Power IPO, first of all go to the registrar website by clicking here, select your bad Oriana Power IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Oriana Power IPO?
The listing date of Oriana Power IPO is 11 August 2023.
How much will be the listing gain in Oriana Power IPO?
View listing gain of Oriana Power IPO by Clicking Here
How much time Oriana Power IPO is subscribed?
Total 176.58 times subscribed in Oriana Power IPO out of which 204.04 times subscription was done in retail quota, 251.74 times subscription in NII quota and 72.16 times subscription in QIB quota.
How to apply for Oriana Power IPO from Upstox?
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How to apply for Oriana Power IPO from Zerodha?
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How to apply for Oriana Power IPO from Angle One?
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