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Oriana Power Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Oriana Power Ltd IPO

Registered Office: F # 412A Bld # 43 Chiranjiv -,Tower Nehru Place , New Delhi - 110019 , Delhi , India.
Phone : +91-78178 03330   Fax:
Email :  cs@orianapower.com  
Website :  www.orianapower.com
Public issue of 50,55,600 equity shares of face value of (Rs)10 each ("Equity Shares") of Oriana Power Limited (the "Company" or the "Issuer") for cash at a price of (Rs)118 per equity (the "Issue Price") aggregating to (Rs)59.66 crores ("The Issue") comprising of a fresh issue of 50,55,600 equity shares aggregating to (Rs)59.66 crores (the "Fresh Issue") of which 2,55,600 equity shares aggregating to (Rs)3.02 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 48,00,000 equity shares aggregating to (Rs)56.64 crores (the "Net Issue"). The issue and the net issue will constitute 26.36% and 25.02% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Aug-23 03-Aug-23 (Rs)118.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 59.65
Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer 59.66  
Post Issue Equity Share Capital 19.18  
Issue Price (Rs)118.00  
 
Projects
Funding of working capital requirementsCapital expenditure on infrastructure & technology for expansion
Investment in subsidiary companiesGeneral corporate expenses
Promoted By
Anirudh Saraswat  
Rupal Gupta  
Praveen Kumar  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt