+919998510543

IPO

IPO Synopsis
Oriana Power Ltd
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 Rs118.00-0.00 Rs0.00-0.00
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 Rs118.00  
 
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