Orient Green Power IPO Allotment Status is declared and can be checked online now

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Orient Green Power Company IPO has been subscribed fully on its closing day. The IPO, which was assigned an IPO Grade 4/5 by CRISIL, has received feeble response from HNI and Retail Categories which are bid 64% and 18% respectively with QIB Category supporting the IPO with a subscription of 2.09 times, thus making the IPO subscribed 1.07 times on an overall basis

Orient Green Power Company limited (OGPL) is an independent renewable energy power producer in India. Orient Green Power is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. According to the Company's website, currently its portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development

Stay tuned to Indian IPO Blog for Orient Green Power Company IPO Allotment Status links, Orient Green Power Company IPO Listing Details and more on Orient Green Power Company IPO!

QIB: 2.09 times
Non-Institutional Investors: 0.37 times
Retail: 0.04 times
Overall: 0.97 times

QIB: 0.11 times
Non-Institutional Investors: 0.37 times
Retail: 0.02 times
Overall: 0.12 times

QIB: 0.06 times
Non-Institutional Investors: 0.00 times
Retail: 0.00 times
Overall: 0.03 times

The Initial Public Offers of Ramky Infrastructure Limited, Orient Green Power Company Limited, and Electrosteel Steels Limited open for subscription today. The IPOs of Ramky Infrastructure Limited would remain open for subscription till Thursday, September 23, 2010, while Orient Green Power Company IPO , and Electrosteel Steels IPO would remain open till Friday, September 24, 2010

Here's a brief profile of the IPOs opening today:

(1) Ramky Infrastructure Limited
Ramky Infrastructure Ltd. is an integrated construction and infrastructure development and management company in India. Ramky Infrastructure serviced a diverse range of construction and infrastructure projects in sectors as varied as water and waste water, transportation, irrigation, industrial parks (including SEZs), power transmission and distribution, residential, commercial and retail property

(2) Orient Green Power Company Limited
Orient Green Power Company limited (OGPL) is a leading independent renewable energy power producer in India. Orient Green Power is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. According to the Company's website, currently its portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development

(3) Electrosteel Steels Limited
Electrosteel Steels Ltd. is promoted by Electrosteel Castings Ltd. (ECL), which is in the business of manufacturing Cast Iron pipes for over four decades and Ductile Iron Spun Pipes. Electrosteel Castings Ltd. has setup Electrosteels Steels for implementing the integrated steel Ductile Iron Spun Pipes project in Jharkhand

Issue Opens on: Tuesday, September 21, 2010
Issue Closes on: Friday, September 24, 2010
Price Band: Rs.47/- to Rs.55/- per equity share
Bid Lot: 125 Equity Shares and in multiples thereof
Lead Managers: Axis Bank Ltd., Goldman Sachs (India) Securities Pvt. Ltd., JM Financial Consultants Pvt. Ltd., UBS Securities India Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.