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Oriana Power IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 59.66 Cr. The company is based in New Delhi and caters to Solar - Panels sector. Corporate Capital Ventures is the merchant banker of Oriana Power IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th June 2023.
Oriana Power IPO open date is 1st August 2023 and close date is 3rd August 2023. IPO Allotment Date is 8th August 2023 and Listing date is 11th August 2023.
IPO
Size:
₹ 59.66 Cr.
Avg IPO Size (Sector Based)
: ₹
28.44 cr.
Sector: Solar - Panels
SME
IPO so far:
5
Merchant Banker:
Corporate Capital
SME
IPO by BRLM so far:
23
City:
New Delhi
SME
IPO so far:
154
Revenue (annualised):
₹
133.95
cr. 
PE
Ratio:
20.70x
Average Sector PE Ratio: 20.39x
Oriana Power IPO size is ₹ 59.66 Cr. with IPO price of ₹ 118.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Corporate Capital Ventures Private Limited is the book-running lead manager of the Oriana Power IPO. NSDL Database Management Limited is the Registrar and Market Maker is Share India Securities Limited for Oriana Power IPO.
Oriana Power IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Rajasthan Global Securities | 344,400.00 | ₹ 118.00 | ₹ 40,639,200.00 |
| Meru Investment Fund | 170,400.00 | ₹ 118.00 | ₹ 20,107,200.00 |
| LRSD Securities Private | 418,800.00 | ₹ 118.00 | ₹ 49,418,400.00 |
| India - Ahead | 208,800.00 | ₹ 118.00 | ₹ 24,638,400.00 |
| Morgan Stanley Asia | 212,400.00 | ₹ 118.00 | ₹ 25,063,200.00 |
| Aryabhata Global Assets | 85,200.00 | ₹ 118.00 | ₹ 10,053,600.00 |
Oriana Power IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 59.66 Cr.
Avg IPO Size (Sector Based)
:
₹ 28.44 Cr.
Sector: Solar - Panels
SME
IPO so far:
5
Merchant Banker:
Corporate Capital
SME
IPO by BRLM so far:
23
City:
New Delhi
SME
IPO so far:
154
Revenue (annualised):
₹ 132.93 cr.
PE
Ratio:
20.70x
Average Sector PE Ratio: 20.39x
Oriana Power IPO, based in New Delhi, operates in the Solar - Panels sector with a focus on Providing solar energy solutions. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Oriana Power IPO size is ₹ 59.66 Cr. with fresh issue size of ₹ 59.66 Cr. and Offer for sale being ₹ Nil.
The IPO allotment date for Oriana Power IPO is expected to be 8th August 2023, after the finalization of basis of allotment. Investors can check Oriana Power IPO allotment status on the registrars website, NSDL Database Management Limited . Oriana Power IPO refund dates are 9th August 2023.
Oriana Power IPO is expected to be listed on 11th August 2023.
The upper price band for the Oriana Power IPO is set at ₹ 118.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Oriana Power IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Oriana Power IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd August 2023. After submission, funds are blocked until the basis of allotment of Oriana Power IPO is finalised.
The merchant banker for Oriana Power IPO is Corporate Capital Ventures Private Limited . Corporate Capital Ventures Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Oriana Power IPO RHP for further details.
The registrar for Oriana Power IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to Oriana Power IPO through their official website or helpline.
Oriana Power IPO was subscribed 176.58 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Oriana Power IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Oriana Power Financial Review Page
Merchant Banker(s) of Oriana Power IPO: Corporate Capital Ventures Private Limited
Oriana Power IPO subscription was 176.58 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Oriana Power IPO listed at a listing price of 317.10 against the offer price of 118.00.
The current market price of Oriana Power is 2197.25.
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