ListedSMEORIANA

Oriana Power Limited

Oriana Power Limited is an SME IPO raising ₹60 Cr at ₹115 – ₹118 a share. It listed on 11 Aug 2023 and trades at ₹1,214 today, +928.8% against its issue price of ₹118. The exchanges never published a subscription figure for it.

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₹118

Issue price

₹1,214

Price now

+928.8%

Since issue price

11 Aug 2023

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹115 – ₹118

Cut-off price₹118

Issue size₹60 Cr

Shares per lot1200

Minimum application₹1,41,600

Minimum quantity1200

Face value₹10

Listing exchanges—

ISININE0OUT01019

Bidding hours10:00 – 17:00 IST

Bidding window1 Aug 2023 – 3 Aug 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.