ALL >> Investing---Finance >> View Article
Invest In Oriana Power Limited Ipo | Secure Your Future Now
![Profile Picture](https://www.123articleonline.com/images/avatar-default.jpg)
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.
Add Comment
Investing / Finance Articles
1. Online Short-term Loans – Especially Designed To Assist Those With The Lowest Credit ScoresAuthor: jame sryder
2. Advanced Blockchain For Cryptocurrency
Author: Future Forged Ultrapro Blockchain
3. Navigating India's Financial Seas With Wealth Management Firms
Author: Drishti Desai
4. The Role Of Hedging In Futures Trading
Author: Neha Jain
5. Decoding Crypto Slang: Your Guide To Essential Cryptocurrency Terms
Author: Independent Crypto Coaching
6. Exit Loads In Mutual Funds: What You Need To Know
Author: Abhishekh Bhandare
7. Empowering Sustainable Investments With Inrate’s Esg Screening Solutions
Author: Inrate
8. Expert Financial Assistance And Tax Planning Services Provided By Bergercpafirst
Author: HubraSEO
9. Why You Should Invest In Mutual Funds Now
Author: Varun Saini
10. Copyright Registration In India: Your Complete Guide On What, Why, And How With Taxdunia
Author: Akash
11. Sell Btc In Dubai: A Comprehensive Guide
Author: cryptodubaiotc
12. The Importance Of The Flexible Zero Down Mortgage Edmonton That You Must Know
Author: Dominion Lending Centres Ratefair
13. Understanding Blockchain Ecosystems: A Guide To Building Dapps In 2024
Author: ek javad
14. Understanding Self-custody In Cryptocurrency: Empowering Individuals To Take Control Of Their Assets
Author: Independent Crypto Coaching
15. Why You Should Use A Vpn For Cryptocurrency Transactions
Author: Independent Crypto Coaching