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Orient Green Power Company Ltd IPO (Orient Green IPO) Detail

September 21, 2010 - September 24, 2010

Orient Green IPO is a book built issue of Rs 900.00 crores.

Orient Green IPO bidding started from September 21, 2010 and ended on September 24, 2010. The shares got listed on BSE, NSE on October 8, 2010.

Orient Green IPO price band is set at ₹47 to ₹55 per share. The minimum lot size for an application is 125 Shares. The minimum amount of investment required by retail investors is ₹6,875.

Axis Bank Limited, Goldman Sachs (India) Securities Private Limited, Jm Financial Limited and Ubs Securities India Private Limited are the book running lead managers of the Orient Green IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Orient Green IPO RHP for detailed information.

Orient Green IPO Details

IPO Date September 21, 2010 to September 24, 2010
Listing Date October 8, 2010
Face Value ₹10 per share
Price Band ₹47 to ₹55 per share
Lot Size 125 Shares
Total Issue Size191,489,362 shares
(aggregating up to ₹900.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Orient Green IPO Reservation

Orient Green IPO offers 166,943,986 shares. 71,199,306 (42.65%) to QIB, 28,723,404 (17.21%) to NII, 67,021,276 (40.15%) to RII. 536,170 RIIs will receive minimum 125 shares and (sNII) and (bNII) will receive minimum 3,750 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered71,199,306 (42.65%)NA
NII (HNI) Shares Offered28,723,404 (17.21%)
Retail Shares Offered67,021,276 (40.15%)536,170
Total Shares Offered166,943,986 (100%)

Orient Green IPO Lot Size

Investors can bid for a minimum of 125 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 125 ₹6,875
Retail (Max) 29 3625 ₹199,375
Lot Size Calculator

About Orient Green Power Company Ltd

Incorporated in 2006, Orient Green Power Company Ltd, an associate company of Shriram EPC is engaged in developing, owning and operating a diversified portfolio of renewable energy plants based on biomass, biogas wind energy, and small hydel projects.

Orient Green Power is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. Currently company's portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development. As of March 31, 2010, company's total portfolio of operating projects included 193.1 MW of aggregate installed capacity, which comprised 152.6 MW of wind energy projects and 40.5 MW of biomass projects.

The company is engaged in the construction of various projects in Maharashtra, Tamil Nadu, Andhra Pradesh, Rajasthan and Madhya Pradesh for generating 73.5 MW using bio-mass. Company has plans to invest about Rs 4,000 crore for increasing the capacity to 1,000 MW by March 2013, from 230 MW as of now.

Objects of the Issue (Orient Green IPO Objectives)

The objects of the Issue are as follows:

1. to finance the construction and development of four biomass projects;
2. funding their Subsidiaries OGP Rajasthan, biomass power project in Kishanganj and Beta Wind Farms Private Ltd in Tamil Nadu;
3. repayment of existing debt ; and
4. general corporate purposes.

Orient Green IPO Subscription Status (Bidding Detail)

The Orient Green IPO is subscribed 1.07 times on September 24, 2010 5:00:00 PM. The public issue subscribed 0.18 times in the retail category, 2.09 times in the QIB category, and 0.64 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Orient Green Power Company Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 4 to Orient Green Power Company Ltd IPO. This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Orient Green Power Company Ltd.

Orient Green Power Company Ltd IPO Tags:

Orient Green Power Company Ltd IPO, Orient Green Power IPO, Orient Green Power IPO Bidding, Orient Green IPO Allotment Status, Orient Green Power Company drhp and Orient Green Power Company Ltd IPO listing.

Orient Green IPO Prospectus

Orient Green IPO Rating

Rating:Rated 3.9 stars
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Orient Green IPO Listing Details

Listing Date October 8, 2010
BSE Script Code 533263
ISIN INE999K01014
Final Issue Price ₹47 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Orient Green Power Company Ltd Contact Details

Orient Green Power Company Ltd
Third Floor, Egmore Benefit Society Building,
25 Flowers Road,
Chennai 600 084, Tamil Nadu
Phone: +91 44 4542 8801

Orient Green IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Orient Green IPO FAQs

Orient Green IPO is a main-board IPO of 191,489,362 equity shares of the face value of ₹10 aggregating up to ₹900.00 Crores. The issue is priced at ₹47 to ₹55 per share. The minimum order quantity is 125 Shares.

The IPO opens on September 21, 2010, and closes on September 24, 2010.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Orient Green IPO opens on September 21, 2010 and closes on September 24, 2010.

Orient Green IPO lot size is 125 Shares, and the minimum amount required is ₹6,875.

You can apply in Orient Green IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Orient Green IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Orient Green IPO allotment status.

The Orient Green IPO listing date is on October 8, 2010.
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Orient Green IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



179. Ajayshare |   Link |  Bookmark |December 12, 2010 6:55:09 PM (200+ Posts)
178. Anonymous |   Link |  Bookmark |October 14, 2010 10:10:25 AM
indosolar target one month 15 rs and in one year 04 rs
177. Anonymous |   Link |  Bookmark |October 12, 2010 2:20:34 PM
sell this and invest in indosolar or koutons....

Target indosolar 33 in 1 month...
Target Koutons 205 in 1 month...
176. Anonymous |   Link |  Bookmark |October 12, 2010 12:30:18 PM
green power ban kar koi bhi company profit nahi kama sakti kuki ye bahut mahengi padti hai .indosolar , orient green will be delisted company in one year.surely
175. Anonymous |   Link |  Bookmark |October 12, 2010 12:28:31 PM
green out red in huryyyyyyyyy
174. VINITSONI |   Link |  Bookmark |October 11, 2010 9:36:35 PM
173. Anonymous |   Link |  Bookmark |October 11, 2010 2:13:24 PM
it is another indiabulls power. fall will continue in future.
172. Anonymous |   Link |  Bookmark |October 11, 2010 2:03:55 PM
appl no 25252374 for 270 shares chq for rs 95850 cleard from bank on 4/10/10 On line allotment status shows unable to find
registrar intime spctrum email bounce back telephone contuniously engeded
what is the status of my application
whom & how to contact registrar
171. Anonymous |   Link |  Bookmark |October 11, 2010 12:52:36 PM
Hi Friends
Pl . tell me
I want to buy coal India
there are 2 way
1 cut off price
2 Max bid
which is best?
which is i use?
Any other way suggest
......Newcomer in Market ........

170. Ravi, Bangalore |   Link |  Bookmark |October 11, 2010 11:55:11 AM (300+ Posts)
161. Lost in Market

I am sorry, not possible to give stock idea for your entire portfolio as it involves lot of time & effort.

I have 20 stocks, out of that I have suggested 6 small-caps for your to buy in SIP.

To recover your entire loss, buy Natural Gas November contract and hold it till you get Rs.1 to 1.25 lac profit around current levels. You need a capital of around Rs.75,000 to Rs.1 lac capital.

Don't love or hate any stock. Do you want to recover your money or recover from the same stocks as a grudge?
169. Anonymous |   Link |  Bookmark |October 10, 2010 11:58:01 AM
I think 162 is the most greediest person in the world. wants 1000% growth in 2 years
168. Anonymous |   Link |  Bookmark |October 10, 2010 11:55:46 AM
Dont sell orieng green sure to go up. Reliance life has bought 33lakhs shares, and hdfc mid cap has also bought huge qty of shares in oepen market. dont sell like a fool now. wait patiently and make ur money dear
167. Anonymous |   Link |  Bookmark |October 9, 2010 3:52:32 PM
For Exact Grey Market Rates, You are free to Contact Mr.Maamu - 09319303542.
166. Anonymous |   Link |  Bookmark |October 9, 2010 10:42:40 AM
If Any One Interested in Grey Market Deals may Contact at Grey Share House at 09319270054.
165. Anonymous |   Link |  Bookmark |October 8, 2010 10:59:03 PM
sach me dost india main bewakoofon ki kamin nahin hai...
ek arab populuation hai...koi na koi mil hi jayega...
aur ye baat ipo wale khub achhi tarah se jaante hai..
jaago Grahak jaago...
164. Anonymous |   Link |  Bookmark |October 8, 2010 10:45:29 PM
Hold on to this for another 5 weeks. Expected to reach 65.
163. Anonymous |   Link |  Bookmark |October 8, 2010 8:10:22 PM
hey bhagwan ye kya ho raha hai.logon ko ipo main loss ho raha hai.phir bhi ipo main apply karne ke liye maara maari ho rahi hai.sach hai india main bewakoofon ki kamin nahin hai.
162. Lost in Market |   Link |  Bookmark |October 8, 2010 7:48:27 PM
161. Ravi, Bangalore. What are the target of these stocks in 2 years? Will they return 800-1000% in 2-3 years?
161. Lost in Market |   Link |  Bookmark |October 8, 2010 7:47:30 PM
@Ravi, Bangalore. Tyhanks for your calls. I will see the market and do it on monday. So should I sell Orient Green Power on MOnmday and buy these ones. Also, I too have few stocks which I had earlier, they are KGL, Unitech, Walchandnagar Ind, GMDC, TRIL and MIC. I want to buy them back too. Are they not good to buy in SIP. Also what about some other stocks like LIC, Tata Motors, VENKEYS, HDFC, Castrol and some cheap stocks like Mosar Baer, Gitanjali Gems, Genud Power, Sicagen India, Confidence Petroleum etc. Are they not good enough.
160. Ravi, Bangalore |   Link |  Bookmark |October 8, 2010 6:58:31 PM (300+ Posts)
160. Lost in Market

Distribute Rs.12,000 on the following six stocks. Invest in four instalments at every 5% declines till January 2011 -

1. Raj Oil 58.7
2. K Sera Sera Production 13.5
3. Sakthi Sugar 59.7
4. Zee News 16.15
5. Ceat Ltd. 171
6. Indiabulls Securities 28.5

Publishing technicals every month in this site is not possible. Hence, it is better to invest in instalments to avoid bad timing.