Issue Price
₹118
Per Share
GMP
NIL
Grey Market
Est. Listing
₹118
Expected Price
Min. Application
₹283,200
2 lots × 1200 shares
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 projectsRenewable Energy Service Company (RESCO): In this model, they provide solar energy solutions on a BOOT (Build, own, operate, transfer) model basis.
Oriana Power Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 255,600 | — | ₹3.02 Cr | — |
| TOTAL | 5,055,600 | 100.00% | ₹59.66 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹141,600 |
| Retail (Max) | 13 | 15,600 | ₹1,840,800 |
| sNII (Min) | 14 | 16,800 | ₹1,982,400 |
| bNII (Min) | 68 | 81,600 | ₹9,628,800 |
| Particulars | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 13395.37 | 10146.86 | 3376.98 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1268.52 | 695.53 | 282.38 |
| Net Worth | 3621.84 | 1775.82 | 771.29 |
| Total Assets | 7799.99 | 5572.69 | 2964.83 |
| Reserves & Surplus | 2950.84 | 1159.82 | 464.29 |
| Total Borrowings | 1489.19 | 769.07 | 75.23 |