Attention, investors! Get ready to witness a shining star in the world of renewable energy – Oriana Power Ltd! 🌞 This Noida-based start-up is all set to make its grand debut in the financial world with its Initial Public Offering (IPO). Hold on to your seats as we unveil the exciting details of this green energy revolution!
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Harnessing the Power of the Sun: Oriana’s Solar Solutions
Imagine a world where industries and businesses run on clean, sustainable energy – that’s Oriana Power’s vision! 🌱 Specializing in solar energy solutions, Oriana Power is dedicated to developing and operating solar projects for industrial and commercial customers. From rooftop installations to vast solar farms, they’ve got it all covered, bringing us one step closer to a greener tomorrow.
Why Investors are Buzzing about Oriana Power Ltd IPO
Guess what? 😮 Even before its IPO launch, Oriana Power has been buzzing in the investment circles! Market sources reveal that its pre-IPO shares are already commanding a premium of Rs 103 in the unlisted market. This early investor interest speaks volumes about the potential this eco-conscious company holds.
Your Chance to Shine: Grab Oriana Power Ltd IPO Shares!
The countdown has begun! On August 1, Oriana Power’s IPO opens for public subscription. Are you ready to be a part of India’s sustainable energy transformation? 🚀 Investors have the opportunity to bid for 1,200 shares in one lot, with prices ranging from Rs 115 to Rs 118 per share. This fresh equity issue aims to raise funds for working capital, subsidiary investments, infrastructure, and other corporate needs.
Oriana’s Solar Success: Illuminating Financial Performance
Wait, there’s more to this shining story! 🌟 Oriana Power Ltd has dazzled us with its financial performance. In the year ended March 2023, the company reported a consolidated revenue of Rs 137.31 crore, showcasing a remarkable growth rate of 9.87 percent compared to the previous year. And that’s not all – their consolidated profit after tax soared to Rs 10.93 crore, a whopping 57.49 percent increase year-on-year!
A Green Future: Oriana’s Vision Beyond Solar
Oriana Power is no ordinary company! With their recent rebranding as TrueRE, they are ready to venture into other renewable energy sources beyond solar. 🌿 This progressive move reflects their commitment to staying at the forefront of sustainability solutions and being a beacon of hope for a cleaner and greener India.
Don’t Miss the Sunrise: Oriana Power IPO Timeline
Time is of the essence! ⏳ The subscription window for Oriana Power Ltd IPO closes on August 3. The final allotment of shares is expected on August 8, and the much-awaited listing on the NSE Emerge platform will happen on August 11. Hurry, and be a part of Oriana Power’s bright new journey as a publicly-listed entity!
Be a Part of India’s Green Energy Revolution: Oriana Power Awaits You!
So, dear investors, the stage is set, and the sun is shining bright on Oriana Power Ltd ! 🌞 If you’re looking for a company with a solid track record, innovative solutions, and a passion for sustainability, look no further. Oriana’s IPO is your ticket to be a part of India’s green energy revolution. Let’s join hands to create a brighter, greener, and cleaner future for our beloved nation! 🌈🇮🇳