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Rights Issue Status: Closed [27th Aug 2024 to 13th Sep 2024]
Orient Green Power Company Limited is offering a rights issue of Rs 250.00 Cr. The subscription period for this rights issue will be from 27 Aug 2024 to 13 Sep 2024. The company issues entitlement of 10 Rights equity shares for every fully paid-up 51 equity shares held on the record date of 13 Aug 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 13 per share.
Stay connected with us to more about Orient Green Power Company Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
| Orient Green Power Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 19.23 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹250.00 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹13 per share |
| Rights Issue Record Date | 13th Aug 2024 |
| Rights Issue Entitlement | 10 Rights Equity Share(s) for every 51 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | All money payable at the time of Application. |
| Listing At | BSE, NSE |
| BSE Code | 533263 |
| NSE Code | GREENPOWER |
In this section we have covered all important dates related to Orient Green Power Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 27th Aug 2024 |
| Rights Issue Issue Close Date | 13th Sep 2024 |
| Basis of Allotment Finalisation Date* | 19th Sep 2024 |
| Refunds Initiation* | |
| Credit of Shares to Demat Account* | 24th Sep 2024 |
| Rights Issue Listing Date* | 27th Sep 2024 |
* - Tentative Dates
Zerodha Trade@20
Orient Green Power Company Limited was incorporated in December 2006. The company is an independent Indian renewable energy based power producer focused on developing, owning and operating a diversified portfolio of renewable energy power plants. Currently, the portfolio includes wind energy.
The company is one of the largest independent producers of renewable power in India. As of June 2022, the company had a portfolio of 402.3 MW of wind power plants in the states of Tamil Nadu, Andra Pradesh, Gujarat and Karnataka. This also includes a 10.5 MW wind farm in Croatia, Europe.
The company has expanded its business by acquiring renewable energy assets from third parties and developing greenfield projects. Its customers include state-owned utilities and private commercial and industrial consumers. The PPAs are concluded with C and I customers, with prices varying depending on the type of customer, available tariffs, location and term of the PPA.
Past performance and financial results of Orient Green Power .
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 table below is live update of Rights Issue bidding details from NSE and BSE.
Orient Green Power Rights Issue Offer Document (Letter of Offer) >>Document
Orient Green Power Rights Issue Offer Document (Letter of Offer) >>Orient Green Power Rights Issue Red Herring Prospectus is not yet available.
Orient Green Power Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Orient Green Power Rights Issue Online Application (Registrar & Transfer Agent) >>Orient Green Power Rights Issue RTA information is not yet available.
Last Updated on 2024-09-16T05:32:46+00:00
