The price band has been fixed in the range of ₹115 to ₹118 per share. The company stock has a face value of ₹10 per share and the IPO issue will be a book built issue.The issue opens for subscription on 01st August 2023 and closes for subscription on 03rd August 2023 both days inclusive.Here are some of the highlights of the Oriana Power IPO on the SME segment of the National Stock Exchange (NSE). The services arm offers solar energy solutions on a Build, Own, Operate and Transfer (BOOT) model. The capex arm entails the engineering, procurement, construction (EPC) as well as the operation of solar projects. Oriana Power Ltd has a capex arm and also a services arm. Oriana Power Ltd offers low carbon energy solutions to its customers which include on-site solar project installation, rooftop and ground mounted system, and off-site solar farms. This not only is what the world is moving towards but presence in the alternate energy also enhances the valuation of companies. These services are offered to commercial and industrial customers. The company, Oriana Power Ltd, was incorporated in in the year 2013 to provide total solar energy solutions. Oriana Power Ltd, is an SME IPO on the NSE which is opening for subscription on 01st August 2023.
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