What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Oriana Power Limited IPO?

Oriana Power Limited IPO has received a total subscription of 176.65 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Oriana Power Limited

ListedSME

Renewable 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

176.65x

Total Demand

QIB Multiplier

72.16x

Institutions & Funds

NII / HNI

252.09x

High Net-Worth

Retail (RII)

204.03x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 176.65x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	960,000	69,272,400	72.16x
NIB	720,000	181,502,400	252.09x
RETAIL	1,680,000	342,777,600	204.03x
Total	3,360,000	593,552,400	176.65x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 205.73x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,475	300,944	204.03x
HNIs (10L +)	9	2,269	252.09x
HNIs (2-10L)	45	11,344	252.09x
Total Applications	1,529	314,557	205.73x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Oriana Power Limited Public Issue & Market Profile

Oriana Power Limited is bringing an initial public offering (IPO) in the Renewable Energy & Power sector with an aggregate issue size of ₹59.66 Crores. The shares are offered at a price band of ₹115 to ₹118 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,41,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-10, while un-allotted funds or UPI block mandates will be released on 2023-08-09.

Frequently Asked Questions

What is Oriana Power Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Oriana Power Limited IPO is ₹125 per equity share. Based on the upper price band of ₹115 to ₹118 per equity share, the estimated listing price is ₹243 (+105.9% expected listing gain).

What is the expected profit per lot for Oriana Power Limited IPO?

With a lot size of 1200 shares and current GMP of ₹125, the expected profit per application lot is approx ₹1,50,000 (+105.9% gain). Minimum application cost is approx ₹1,41,600.

What is the issue size and price band for Oriana Power Limited IPO?

The Oriana Power Limited IPO aggregate issue size is ₹59.66 Crores with an equity price band set at ₹115 to ₹118 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,41,600.

How can I check Oriana Power Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 176.65x (Retail: 204.03x, QIB: 72.16x, NII: 252.09x). You can track live multiples directly on our dedicated subscription page.

Where and when will Oriana Power Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-08-08. Investors can verify status using PAN card or application number.

When is the listing date for Oriana Power Limited IPO?

Oriana Power Limited shares are scheduled to list on NSE on 2023-08-11.