Oriana Power Limited

Company Profile
Company Name Oriana Power Limited
Open Date 01-08-2023
Close Date 03-08-2023
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹115 to ₹118 per share
Issue Size 50,55,600 equity shares
Application Amount ₹ 1,41,600
Recommendation Apply
Company was incorporated in the year 2013 and has its registered office in New Delhi. The company specializes in providing solar energy solutions to industrial and commercial customers. The Company offer low carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access.  The business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). As on March 31, 2023, Company has 56 employees on payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 2,964.83 5,572.69 7,799.99
Net Assets 771.29 1,775.82 3,621.84
Total Borrowings 75.23 769.07 1,489.19
Total Revenue 3,376.98 10,146.86 13,395.37
Profit After Tax 282.38 695.53 1,268.52

Tentative Timeline

Opening Date 01-08-2023
Closing Date 03-08-2023
Basis of Allotment 08-08-2023
Initiation of Refunds 09-08-2023
Credit of Shares to Demat 10-08-2023
Listing Date 11-08-2023

Objects of the Issue

Working capital requirement
Investment in subsidiary companies
Capital expenditure

Contact Information

Registered Office 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/

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

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

Shareholding Pattern

Pre Issue Share Holding (Promoters) 83.40%
Post Issue Share Holding (Promoters) 61.41%

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