August 1, 2023 - August 3, 2023

Oriana Power IPO Subscription Details

Oriana Power IPO Subscription Status Live

Oriana Power IPO subscribed 176.58 times. The public issue subscribed 204.04 times in the retail category, 72.16 times in QIB, and 251.74 times in the NII category by August 3, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	72.16	960,000	6,92,72,400	817.41
Non-Institutional Buyers*	251.74	720,000	18,12,49,200	2,138.74
Retail Investors	204.04	1,680,000	34,27,81,200	4,044.82
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	176.58	3,360,000	59,33,02,800	7,000.97

Total Application : 285,651 (204.04 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 255,600 equity shares not included.

Oriana Power IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 August 1, 2023	0.21	8.16	23.30	13.45
Day 2 August 2, 2023	3.78	23.88	68.76	40.58
Day 3 August 3, 2023	72.16	251.74	204.04	176.58

Oriana Power IPO Shares Offered

Oriana Power IPO is a public issue of 5,055,600 equity shares. The issue offers 1,680,000 shares to retail investors, 960,000 shares to qualified institutional buyers, and 720,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,440,000	16.99	28.48%
Market Maker	255,600	3.02	5.06%
QIB	960,000	11.33	18.99%
NII*	720,000	8.50	14.24%
Retail	1,680,000	19.82	33.23%
Total	5,055,600	59.66	100%

Oriana Power IPO Anchor Investor Allocation

A total of 1,440,000 shares at a price of Rs 118 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Morgan Stanley Asia (Singapore) PTE	212,400	118	14.75	25,063,200
2	India-Ahead Venture Fund	208,800	118	14.5	24,638,400
3	Aryabhata Global Assets Funds ICAV - Aryabhata India	85,200	118	5.92	10,053,600
4	Rajasthan Global Securities Pvt. Limited	344,400	118	23.92	40,639,200
5	Meru Investment Fund PCC-Cell 1	170,400	118	11.83	20,107,200
6	LRSD Securities Private Limited	418,800	118	29.08	49,418,400
		1,440,000		100	169,920,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Oriana Power IPO Subscription FAQs

The Oriana Power IPO is subscribed 176.58 by August 3, 2023.