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ORIANA POWER IPO GMP TODAY 2024, Price, Subscription Status, Review, Key Details

ORIANA POWER IPO GMP TODAY- One of the most established Indian companies in the solar field business is called Oriana Power. It was founded in the year 2013, and in recent years, the Indian central government has encouraged individuals to install solar panels by offering incentives to everyone who wants to do so. Some investors have decided to purchase Oriana Power IPO shares as a result of this information. However, the majority of investors are unaware of the key details of the Oriana Power IPO, including its GMP, the Face Value of Each Share, the allocation of Shares to various investors, etc.

However, you need not be concerned because we have included those information below. We have made sure to add the GMP for the last few days of the Oriana Power IPO for those investors who monitor the GMP Prices for IPO shares. You may scroll down below to get all crucial detail regarding the Oriana Power IPO GMP at this time. Beginning on August 1, 2024, the private firm will issue shares to the general public in order to achieve the necessary financial criteria. The closing date of The company’s mission statement for the Oriana Power IPO is to raise money to cover working capital needs as well as capital expenditures, such as investments in subsidiaries’ businesses, technology, infrastructure, and equipment for the growth and expansion of the enterprise.

ORIANA POWER IPO GMP TODAY

A firm called Oriana Power specialises in offering solar energy solutions to commercial and industrial clients. Since its founding in 2013, The Oriana Company has focused on providing low-carbon energy solutions through the installation of rooftop and ground-mounted solar systems as well as off-site solar farms, commonly known as Open Access. The Oriana Power IPO has a total value of 59.66 crores, and the business is solely issuing new shares; no OFS (offer for sale) shares are being offered in this IPO. The Oriana IPO has a start date of August 1, 2024, and an expiration date of August 3, 2024.

The business has maintained the face value of each share at a price of 10 Rs. Let’s go on to a deeper look at the topic after this brief overview of the Oriana Power IPO. The price per equity share for the Oriana Power IPO today is Rs 12. As you are aware, GMP is the claim’s listed price but not its actual price. By identifying the two important components market conditions and market fluctuations, it is concluded. It provides you with the most accurate share listing price. Each investor who has submitted an application to the Oriana Power IPO should thus often check the GMP on our website.

ORIANA POWER IPO GMP TODAY

ORIANA POWER IPO GMP TODAY Details

IPO Name ORIANA POWER IPO
IPO Starting Date 1st August 2024
IPO Closing Date 3rd August 2024
Face Value of Each Share 10 Rs Per Share
Price 115 Rs to 118 Rs for each share
Total Share Issue Size 5,055,600 Shares (59.66 Crores)
Allotment of Shares Starts on 8th August 2024
Refunds to the Investors 9th August 2024
The credit of Oriana Power IPO shares to demat accounts 10th August 2024
Category News
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Official Website Click Here
IPO Listing Date 11th August 2024

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ORIANA POWER IPO GMP TODAY And Price Band 

The GMP for the ORIANA POWER IPO TODAY is 103 Rs, and the company, Oriana, has set the price range for each share at between 115 and 118 Rs, with a face value of 10 Rs per share. 1200 shares worth 1,41,600 rupees are up for bid by retail investors, and 2400 shares worth 2,83,200 rupees are up for bid by NII investors. Below the tabular layout, you can see the precise share allocation for each category of investor.

ORIANA POWER IPO GMP TODAY 

The Oriana Power IPO’s total issue size is 5,055,600 Shares, or 59.66 crores. The IPO’s start date is August 1, 2024, and its conclusion date is August 3, 2024. On August 10, 2024, the IPO shares will be deposited to investors’ Demat accounts, and on August 9, 2024, investors who missed out on the Oriana Power IPO will start receiving refunds. We have seen the issue size, the IPO’s start and finish dates, as well as other information. But what exactly are the Price band and the GMP as of today? Tell us about those specifics as well.

ORIANA POWER IPO GMP TODAY Share Allotment 

varying sorts of investors have received varying percentages of Oriana Power’s ORIANA POWER IPO. A total of 35% of the company’s IPO shares have been allocated to retail investors, 15% have been given to NII investors, and 50% have been given to QIB investors. For a better understanding of the Share allotment, you can also have a look at the table of the Oriana Power Ipo’s share distribution below.

Type of Investors Total Shares allotted
QIB Investors 50% of Shares
Retail Investors 35% of Shares
NII Shares Investors 15% of Shares

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ORIANA POWER IPO GMP Last Few Days 

Many investors use the GMP pricing to purchase IPO Shares even though it isn’t an official IPO Share tracking index. Here are the final three days of the Oriana Power IPO GMP, which ran from July 25, 2024, until today, August 1, 2024, for all those investors. However, investors need to be aware that the GMP is only a formal monitoring index of the IPO shares, and they must take other factors into account before purchasing any IPO shares.

25th July 2024 95 Rs
26th July 2024 95 Rs
27th July 2024 100 Rs
28th July 2024 100 Rs
29th July 2024 100 Rs
30th July 2024 100 Rs
31st July 2024 103 Rs
1s August 2024 103 Rs

ORIANA POWER IPO GMP TODAY Share Lot Size 

Each sort of investor can purchase a different number of lots in the IPO, which have been established by the Oriana Company. Retail investors are limited to purchasing a single lot of 1200 shares for a total of 1,41,600 rupees, while HNI investors are permitted to purchase a total of 2 lots of 2400 shares for a total of 2,83,200 rupees. For a better understanding of the Share lot size for each investment, they may glance at the table below.

Investors Total Lots Lot for Shares Total Amount in Rs
Retail investors 1 1,200 1,41,600 Rs
HNI Investors 2 2,400 2,83,200 Rs

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Oriana Power IPO Subscription Status

15% of the shares are being made available to NIL investors, 35% to retail investors, and 50% to QIB investors by Oriana Power. A minimum investment of Rs 1,41,600 is required to purchase the company’s shares since the issue price at the top band is established at Rs 118 per equity share and the minimum lot size is 1200 shares. The highest lot size for HNI investors is 2400 shares, which requires a minimum investment of Rs 2,83,200.

ORIANA POWER IPO GMP TODAY FAQ’S

What Is The Total Issue Size Of The Oriana Power IPO?

The Oriana Power IPO issue has a total size of 5,055,600 Shares (59.66 Crores).

When Is The Last ORIANA POWER IPO GMP TODAY Closing Date?

The starting date of the Oriana Power IPO is on 1st August 2024 and the closing date of the IPO is on 3rd August 2024.

What Is ORIANA POWER IPO GMP TODAY?

The Oriana Power IPO GMP Today is 103 Rs according to the GMP market.

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