123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Invest In Oriana Power Limited Ipo | Secure Your Future Now

Profile Picture
By Author: sk
Total Articles: 14
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Oriana Power Limited IPO
Founded in 2013, Oriana Power Limited specializes in offering solar energy solutions to industrial and commercial clients. Their focus lies in delivering eco-friendly energy solutions by implementing on-site solar projects, including rooftop and ground-mounted systems, as well as off-site solar farms called Open Access.
IPO Overview
The Oriana Power Limited IPO is set to open for bidding on the NSE SME platform from 1st August to 3rd August 2023. The issue price per share is expected to be in the range of Rs. 115 to Rs. 118.
Each lot consists of 1200 shares, priced at Rs. 141,600. The IPO distribution allocates 50% of the shares to institutional investors, 15% to non-institutional investors, and 35% to retail investors.
The anticipated listing date for the shares in the stock market is 11th August 2023.
Oriana Power Limited IPO Timetable
IPO Opening Date: 1 August 2023 IPO Closing Date: 3 August 2023 IPO Allotment Date: 8 August 2023 Refund Initiation: 9 August 2023 IPO Listing Date: 11 August 2023
Oriana Power Limited IPO Details.
Peer Comparison
...
... Operating in a competitive market, it's crucial to assess Oriana Power Limited's performance in comparison to its peers. According to the RHP, here are some key peers and their metrics:
KPI Green Energy Limited: Total Income - Rs. 64,703.47 Cr, EPS (Rs.) - 30.33, P/E Ratio - 13.77
Gensol Engineering Limited: Total Income - Rs. 39,735 Cr, EPS (Rs.) - 21.50, P/E Ratio - 51.71
IPO Valuations
As per Oriana Power Limited's DRHP, the company reports an EPS of Rs. 17.50, with the IPO share price set within the range of Rs. 115 to Rs. 118 per share. Although the P/E ratio required for IPO valuation is not specified, assuming the upper band price of Rs. 118, the estimated PE ratio of the company would be 6.
Learn Details & Deep analysis of Oriana Power Limited IPO.

Total Views: 121Word Count: 299See All articles From Author

Add Comment

Investing / Finance Articles

1. Why Wealth Management Is Essential For Young Professionals
Author: Adyanth Wealth

2. Boost Your Retirement Savings With These Superannuation Strategies
Author: Daniel Stewart

3. Outside Ir35 Calculator
Author: Dhara Tuvar

4. Scalable Mt5 Greylabel Solutions For Forex Brokers
Author: MT5 Greylabel Provider

5. How Credit Cards Can Prevent Financial Stress During Personal Crises?
Author: Saloni Mehta

6. Role Of Wealth Management Companies In Mutual Funds
Author: Saloni Mehta

7. Best Passive Income Ideas To Make Money Through Investments
Author: Adyanth Wealth

8. Gst Registration In Bangalore
Author: mwseo

9. Ashneer Grover Net Worth, Investments, Portfolio, And Bharatpe Journey
Author: Planify

10. Why Is The Indian Stock Market Struggling?
Author: Indira Securities

11. Common Investment Mistakes And How To Avoid Them
Author: Adyanth Wealth

12. How Term Loans Can Help Retail Stores Manage Seasonal Inventory Needs
Author: Bad Credit Business Loans

13. How Lines Of Credit Can Help Medical Professionals Manage Operating Costs
Author: Bad Credit Business Loans

14. Getting The Right Loan With Realloans
Author: Sukhjeet Singh

15. Top Reasons Why The Indian Stock Market Is Fluctuating So Much
Author: rickyponting

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: