Oriana Power Limited
ListedSMERenewable Energy & Power · NSE
Incorporated in 2013, Oriana Power Limited provides solar energy solutions to industrial and commercial customers, aiming to promote sustainable and renewable energy usage. The company offers low-carbon energy solutions through on-site solar installations, including rooftop and ground-mounted systems, as well as off-site solar farms via open access. Oriana Power operates under two models: Capital Expenditure (CAPEX), involving engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), delivering solar solutions on a BOOT (Build, Own, Operate, Transfer) basis.
Price Band
₹115 – ₹118
Issue Size
₹59.66 Cr
Lot Size
1200 shares
GMP
₹125
+105.9%
Est. Listing
₹243
at current GMP
Subscribed
176.65x
overall
Open
1 Aug 2023
Close
3 Aug 2023
Allotment
8 Aug 2023
Refund
9 Aug 2023
Demat Credit
10 Aug 2023
Listing
11 Aug 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Renewable Energy & Power segment
- •Price band established at ₹115 - ₹118 per equity share
- •Minimum bid lot is 1200 shares
- •Estimated listing target of ₹243 based on current grey market activity