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Orient Green Power Company Limited was founded in 2006 and focuses on the development, ownership and operation of renewable energy power plants.
The company has developed more than 400 MW of wind power capacity through its subsidiaries. In addition, OGPL has developed 106 MW of biomass capacity, including 40 MW directly by the company and 66 MW through its subsidiaries. As of March 31, 2024, the company has a total installed capacity of 402.3 megawatts (MW) and serves 45 customers, most of which are commercial and industrial customers and two government utilities.
As of March 31, 2024, the company had 129 employees, including the managing directors
Issue Open | August 27, 2024 - September 13, 2024 |
Security Name | Orient Green Power Company Ltd. |
Issue Size (Shares) | 192,307,692 |
Issue Size (Amount) | ₹250.00 Crores |
Issue Price | ₹13 per share |
Face Value | ₹10 per share |
Listing At | BSE, NSE |
Terms of Payment | All money payable at the time of Application. |
Entitlement | 10 Rights Equity Share(s) for every 51 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | August 12, 2024 |
Record Date | August 13, 2024 |
Credit of Rights Entitlements | September 9, 2024 |
Bid/Offer Opens On | August 27, 2024 |
Renunciation of Rights Entitlements | |
Bid/Offer Closes On | September 13, 2024 |
Deemed Date of Allotment | September 19, 2024 |
Credit Date | September 24, 2024 |
Listing Date | September 27, 2024 |
Orient Green Power Company Ltd.'s revenue decreased by -3.28% and profit after tax (PAT) rose by 15.21% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2021 |
Assets | 1,617.62 | 1,692.11 | 1,893.25 |
Revenue | 280.68 | 290.21 | 315.22 |
Profit After Tax | 38.40 | 33.33 | 35.78 |
Amount in ₹ Crore |
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
Orient Green Power Rights Issue 2024 got oversubscribed by 1.79 times by the end of the bidding period with total bid quantity received by BSE and NSE of 343,469,270 shares.
Orient Green Power Company Ltd.
Bascon Futura SV, 4th Floor, No.10/1,
Venkatanarayana Road, T. Nagar,
Chennai – 600 017
Phone: +91 444 901 5678
Email: complianceofficer@orientgreenpower.com
Website: http://www.orientgreenpower.com/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: rights@cameoindia.com
Website: https://ipo.cameoindia.com/
The Orient Green Power Rights Issue 2024 opens on August 27, 2024, and closes on September 13, 2024.
Orient Green Power Rights Issue 2024 Schedule
Last Date for credit of Rights Entitlements | September 9, 2024 |
Last Date for renunciation of Rights Entitlements | |
Issue Opening Date | August 27, 2024 |
Issue Closing Date | September 13, 2024 |
Date of Allotment (on or about) | September 19, 2024 |
Date of Credit (on or about) | September 24, 2024 |
Date of Listing (on or about) | September 27, 2024 |
Orient Green Power Rights Issue 2024 price is set at ₹13 per share per equity share.
The eligible shareholders are being offered 10 Rights Equity Share(s) for every 51 fully paid-up Equity Shares held on Record Date (August 13, 2024).
The record date for the Orient Green Power Rights Issue 2024 is August 13, 2024.
The issue size of Orient Green Power Rights Issue 2024 is of 192,307,692 equity shares at ₹13 per share aggregating upto ₹250.00 Crores.
The Letter of Offer for Orient Green Power Rights Issue 2024 can be download here.
You can apply for Orient Green Power Rights Issue 2024 in two ways:
Steps to apply for Orient Green Power Rights Issue 2024 using Net Banking (ASBA)
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Orient Green Power Rights Issue 2024 using Registrar's website (R-WAP)
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