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Orient Green Power Right Issue Details 2023

Right Issue Status: Closed [28th Aug 2023 to 15th Sep 2023]

Rated 3/5 by Team InvestorGain

Orient Green Power  Right Issue Detail

Orient Green Power Company Limited is offering rights issue to the extent of 230,000,000 equity shares worth is Rs. 230.00 Cr. The subscription period for this rights issue will be from Aug 28, 2023 - Sep 15, 2023 . The company will issue 19 rights shares for every fully paid 62 share held on the record date of Aug 18, 2023. The face value of a share is Rs. 10 per share and the issue price is fixed at Rs. 10 per share.

Stay connected with us to know more about Orient Green Power Company Limited Right Issue Details 2023 including issue size, entitlement to rights, payment terms and more.

Orient Green Power Right Issue Objective

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Repayment of unsecured loans due from the company to Janati Bio Power Private Limited, one of the Promoters of the company,
  2. Part repayment or pre-payment of unsecured loans to Janati Bio Power Private Limited, one of the Promoters of the company availed by Bharath Wind Farm Limited, one of the wholly owned subsidiaries of the company,
  3. Repayment/ Pre-payment of certain secured loans including interest availed from lenders of the Company either in part or full,
  4. Part repayment of secured loans including interest availed from lenders by Amrit Environmental Technologies Private Limited, one of the subsidiaries of the Company,
  5. Part repayment or pre-payment of unsecured loans including interest availed from Beta Wind Farm Private Limited, one of the subsidiaries of the Company, and
  6. General Corporate Purposes.

Orient Green Power Right Issue Details

Orient Green Power Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 23.00 Cr Shares
Right Issue Issue Size (Amount) ₹230.00 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹10 per share
Right Issue Record Date 18th Aug 2023
Right Issue Entitlement 19 Rights Equity Share(s) for every 62 fully paid-up Equity Shares held on Record Date
Right Issue Terms of payment

The entire amount of the Issue Price of ₹ 10/- per Rights Equity Share shall be payable at the time of Application.

Listing At BSE, NSE
BSE Code 533263
NSE Code GREENPOWER

Orient Green Power Right Issue Dates

In this section we have covered all important dates related to Orient Green Power Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Orient Green Power Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 28th Aug 2023
Right Issue Issue Close Date 15th Sep 2023
Basis of Allotment Finalisation Date* 23rd Sep 2023
Refunds Initiation* 11th Sep 2023
Credit of Shares to Demat Account* 27th Sep 2023
Right Issue Listing Date* 29th Sep 2023

* - Tentative Dates

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About Company - Orient Green Power

Orient Green Power Company Limited is a power generation company focused on developing, owning and operating renewable energy power plants. As of March 31, 2023, OGPC aggregate installed capacity is 402.3 MW.

Orient Green Power Financials for past 3 Years

Past performance and financial results of Orient Green Power .

Orient Green Power Rights Issue 2023 Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,893.251,831.061,692.11
Revenue261.27315.22290.21
Profit After Tax-50.7146.5535.10
Net Worth456.20489.46523.62
Reserves and Surplus
Total Borrowing1,324.611,215.001,073.59
Amount in ₹ Crore

Orient Green Power Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

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

    Registrar

    Cameo Corporate Services Limited
    Cameo Corporate Services Ltd.,
    Subramanian Building # 1, Club House Road,
    Chennai 600 002 - India
    Website: https://ipo.cameoindia.com/
    Phone: +91-44-28460390
    Email: [email protected]

    Lead Manager

    1. GYR Capital Advisors Private Limited

    Orient Green Power Right Issue Offer Document (Letter of Offer) >>Document

    Orient Green Power Right Issue Offer Document (Letter of Offer) >>Orient Green Power Right Issue Red Herring Prospectus is not yet available.

    Orient Green Power Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Orient Green Power Right Issue Online Application (Registrar & Transfer Agent) >>Orient Green Power Right Issue RTA information is not yet available.

    Orient Green Power Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Orient Green Power ? Should I apply in Orient Green Power Right Issue?

    Last Updated on 2023-09-18T05:32:52+00:00


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