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Oriana Power Ltd

Oriana Power Ltd

    Registered Office : F # 412A Bld # 43 Chiranjiv -,Tower Nehru Place,New Delhi Delhi 110019 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

Opens On

Closes On

01-Aug-2023

03-Aug-2023

Money Payable On

Application

Allotment

118.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

59.65

59.66

19.18

118.00

Corporate Capitalventures Pvt Ltd

Projects
  • Funding of working capital requirements
  • Investment in subsidiary companies
  • Capital expenditure on infrastructure & technology for expansion
  • General corporate expenses
Promoted By
  • Anirudh Saraswat
  • Rupal Gupta
  • Praveen Kumar
Listing At
  • NSE - SME
Registrar to the Issue
  • Skyline Financial Services Pvt