✓
Open
1 Aug 2023
✓
Close
3 Aug 2023
3
Allotment
—
✓
Listing
Fri, Aug 11, 2023
Price Band
₹115 to ₹118
Issue Size
50,55,600 shares (agg. up to ₹60 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Aug 11, 2023
Latest GMP
₹115
Est. Gain
97.46%
✦ AI Insight
GMP Trend
11-08-2023₹115Est. ₹233+97.46%
10-08-2023₹115Est. ₹233+97.46%
09-08-2023₹115Est. ₹233+97.46%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 122.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 78.00 | 55.73 | 29.65 |
| Total Income | 133.95 | 101.47 | 33.77 |
| Profit After Tax | 12.69 | 6.96 | 2.82 |
| NET Worth | 36.22 | 17.76 | 7.71 |
| Reserves and Surplus | 29.51 | 11.60 | 4.64 |
| Total Borrowing | 14.89 | 7.69 | 0.75 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Avalon Technologies Ltd. | Mainboard | ₹865.00 Cr | ₹436 | 55.54 | ₹398.00 | -8.72% | ₹1,724.00 (-2.28%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital Requirements | 23.00 |
| 2 | Investment in Subsidiary | 20.00 |
| 3 | Capital expenditure on infrastructure & technology for expansion | 2.00 |
| 4 | General Corporate Expenses | 14.65 |
| Total | 59.65 |
About Oriana Power IPO
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. + Read More
Contact Details
Oriana Power Ltd. AddressFlat No.412A, Building No.43Chiranjiv TowerNehru PlaceNew Delhi, New Delhi, 110019+91 – 78178 03330cs@orianapower.comVisit Website