The most awaited Oriana Power IPO allotment status is set to be finalized on August 8, 2023. Investors can mark their calendars as the refund process kicks off on August 9, followed by the seamless crediting of shares to your Demat account on August 10. The Oriana Power IPO, which made its debut in July, is all set for its listing on August 11.
The Oriana Power IPO has taken the financial world by storm, boasting an astounding overall subscription rate of 176.58 times. The enthusiasm is palpable across investor categories – QIB at 72.16 times, NII at 251.73 times, and Retail at an impressive 204.03 times.
Fuelled by this fervor, the IPO aims to secure approximately ₹59.66 Crores, with equity share prices set within a thoughtful range of ₹115 to ₹118. As the IPO gears up to debut on the NSE, all eyes are fixed on the horizon, eagerly awaiting the next chapter in Oriana Power’s journey.
How To Check Oriana Power IPO Allotment Status:-
To check your Oriana Power IPO allotment status, you can follow these steps:
Online Method (via Skylinerta website):
- Visit the Official Website: Open your web browser and go to the official website of Skylinerta or the designated IPO registrar.
- Locate the IPO Allotment Section: Look for the “IPO Allotment” or “Allotment Status” section on the website. This section is specifically designed for checking the allotment status of IPOs.
- Enter Required Details: You will need to provide details such as your Application Number and PAN (Permanent Account Number). These details are usually mentioned on your IPO application form.
- Submit and Check Status: After entering the required information, click on the “Submit” or “Check Status” button. The website will then display the allotment status of your Oriana Power IPO application. You will be able to see whether your application has been fully allotted, partially allotted, or not allotted.
Offline Method (via Bank Account and Demat Portal):
- Log in to Your Bank Account: Access your online banking portal using your credentials.
- Navigate to IPO Allotment Section: Within your bank’s online banking portal, locate the “IPO Allotment” or “Investments” section. This is where you can find information related to your IPO application status.
- Provide Application Details: Enter your Application Number and PAN details as requested by the bank.
- Check Allotment Status: Once you’ve entered the required information, the bank’s portal will display the allotment status of your Oriana Power IPO application.
Frequently asked questions – Faq
1. What is Oriana Power IPO Allotment Status?
The Oriana Power IPO Allotment Status refers to the outcome of the allocation process for shares to investors who applied for the Oriana Power Initial Public Offering (IPO). It reveals whether an investor’s application for IPO shares has been accepted, partially accepted, or rejected.
2. When will the Oriana Power IPO Allotment Status be finalized?
Getting a 100% allotment in an IPO is not guaranteed and depends on factors like demand, oversubscription, and the company’s allocation process. To increase chances:
1. Apply for Fewer Lots: Apply for a smaller number of lots to enhance your likelihood of full allotment.
2. Choose Less Popular IPOs: Opt for IPOs with lower demand and oversubscription.
3. Multiple Demat Accounts: Apply using family members’ accounts, spreading chances.
4. Employee Quota: If eligible, apply under employee reservation quotas.
How do I know if my IPO is allotted?
You can check your Allotment Status online through the Skylinerta website. Alternatively, you can also access your allotment status through your bank account and Demat login using the offline mode.
4. What information do I need to check my allotment status online?
To check your allotment status online, you will typically need your application number and PAN (Permanent Account Number) details. These details are usually required to access the online allotment portal.
5. How do I check my allotment status through my bank account and Demat login?
To check your allotment status offline, log in to your bank account or Demat portal. Navigate to the IPO Allotment section and provide your application number and PAN details as requested. The platform will display your Oriana Power IPO allotment status.
6. What is the process of IPO allotment status?
1. Investors apply for shares during IPO.
2. Closing of IPO subscription.
3. The allotment ratio is determined.
4. Randomization for oversubscription.
5. Allotment details released.
6. Shares credited or refunds issued.
7. Notifications sent to investors.
8. Registrar and exchanges update data.
9. Listed shares available for trading.
7. How long does an IPO allotment take?
IPO allotment usually takes around 7 to 15 days from the closing date of the IPO.
8. What is the price band for the Oriana Power IPO?
The price band for the Oriana Power IPO has been fixed at ₹115 to ₹118 per equity share. This range represents the valuation at which investors could potentially acquire shares.
9. Where will the Oriana Power IPO be listed?
The Oriana Power IPO is set to be listed on the National Stock Exchange (NSE), providing investors with the opportunity to trade the shares on the exchange.
10. How many lots are allotted in IPO?
The number of lots allotted in an IPO varies based on factors such as the total issue size, demand from investors, and the allotment method used by the company.
Disclaimer
Please note that the information provided here is based on the details provided in your request and may not reflect the most up-to-date developments. Always refer to official sources and communication from the company for the latest information regarding the Oriana Power IPO Allotment Status.
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