Orient Green Power Rights Issue 2024 Date, Price, Allotment, Ratio

IPOWatch Team
August 7, 2024

IPOWatch Team

Orient Green Power Rights issue date is fixed, the rights issue is to open on August 27 and will close on September 13, 2024. The Orient Green Power Rights issue record date is August 13, 2024. The company is to offer 192,307,692 equity shares at a price of ₹13 per share. The Orient Green Power Rights issue size will be ₹250 Crores. The entitlement ratio is 10:51, 10 rights share for every 51 fully-paid equity shares held on the record date. Check out Orient Green Power rights issue details.

Orient Green Power is one of India’s largest independent power producers in the renewable energy sector, with 402.3 MW of wind assets in Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka. It also has a 10.5 MW wind farm in Croatia, Europe. The company’s scalable and adaptable business model allows it to consistently grow through a wide range of project portfolios. Its flexible and scalable business model enables the company to generate consistent growth from a diverse portfolio of projects. Backed by the expertise of the company’s promoter, SVL Limited, they operate in the PPA and Group Captive segments and own top-quality assets at prime wind sites. The company’s strategies focus on consolidating leading positions in Indian wind energy, seeking new opportunities domestically and internationally, and enhancing operational and financial efficiency to improve profitability.

Orient Green Power Rights Issue Review

Avoid / Risky

Orient Green Power Rights Issue 2024 Dates & Time Table

Rights Issue Open:	August 27, 2024
Rights Issue Close:	September 13, 2024
Rights Record Date:	August 13, 2024
Last Date to Buy Shares:	August 12, 2024
Deemed Date of Allotment	2024
Renunciation of Rights Entitlements	2024

Orient Green Power Rights Issue 2024 Offer Details

Rights Issue Size:	Approx ₹250 Crores
Price Band:	₹13 Per Equity Share
Face Value:	₹10 Per Equity Share
Listing on:	BSE. NSE
Entitlement Ratio:	10:51 (10 rights share for every 51 shares)
Equity:	192,307,692 Equity Share
Letter of Offer:	Click Here
Application Form:	Click Here
Live Share Price:	Click Here

Orient Green Power Rights Issue 2024 Form & How to Apply

You can apply for Orient Green Power Rights Issue 2024 in two ways:

Net Banking (ASBA)
Registrar’s Website (R-WAP Facility)

Orient Green Power Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2022	₹31.65	₹51.43	₹21.73
2023	₹37.43	₹34.60	₹3.14
2024	₹24.48	₹29.82	₹5.69

Orient Green Power Rights Issue 2024 Allotment Status

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Orient Green Power Rights Issue 2024 Lead Managers

Saffron Capital Advisors Private Limited
Sumedha Fiscal Services Limited

Company Address:

Orient Green Power Ltd.
Bascon Futura SV, 4th Floor, No.10/1,
Venkatanarayana Road, T. Nagar,
Chennai – 600 017
Phone: +91 444 901 5678
Email: [email protected]
Website: http://www.orientgreenpower.com/

Orient Green Power Rights Issue 2024 FAQs:

When is Orient Green Power Rights Issue 2024 Record Date?

Orient Green Power Rights Issue 2024 record date is August 13, 2024.

What is Orient Green Power Rights Issue 2024 Price?

The company has fixed the price at ₹13 per equity share.

What is the Orient Green Power Rights Issue 2024 Ratio?

The company has fixed the ratio (10:51), 10 Rights Equity Share for every 51 Equity Shares as on record date.

How to apply for Orient Green Power Rights Rights Issue 2024?

As per the record date you need to have Orient Green Power Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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