Oriana Power Limited

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/

Offer Documents

Oriana Power Limited DRHP

Oriana Power Limited RHP

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%