Oriana Power Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹115 – ₹118
Listed On
11 Aug 2023
Listing Price
₹302 (+155.93%)
Current Price LIVE
₹302
(+155.93%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,41,600 |
| Retail (Max) | 2 | 2,400 | ₹2,83,200 |
| S-HNI (Min) | 3 | 3,600 | ₹4,24,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,91,200 |
| B-HNI (Min) | 8 | 9,600 | ₹11,32,800 |
As per financials, Oriana Power Limited has shown good results, RoNW is 35.36% and P/E is respectively 32.55 and 17.84 as per FY22 and FY23 earnings, which looks fairly priced. Company is in business of providing solar energy solutions to industrial and commercial customers, which is a highly fragmented and competitive. Also we may see good growth for next couple of years in this sector. Performance of BRLM is average. So we are giving rating to this SME IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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