Skyline Financial Services Pvt.Ltd. Right Issue

₹250.00 Cr BSE, NSE

Ratio: 10 : 51 BSE, NSE
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Issue Price
₹13.00
Face Value
₹10.00
Issue Size (Shares)
192,307,692
Issue Size (₹ Cr.)
₹250.00
📅 Right Issue Timetable
Last Date to Buy SharesMon, Aug 12, 2024
Record DateTue, Aug 13, 2024
Credit of Rights EntitlementsMon, Sep 9, 2024
Bid/Offer Opens OnTue, Aug 27, 2024
Issue Open Date
Renunciation Last Date
Bid/Offer Closes OnFri, Sep 13, 2024
Issue Close DateFri, Sep 13, 2024
Deemed Date of AllotmentThu, Sep 19, 2024
Credit DateTue, Sep 24, 2024
Listing DateFri, Sep 27, 2024
📋 Right Issue Details
Issue Size (Shares)192,307,692
Issue Size (Amount)₹250.00 Cr.
Issue Price₹13.00 per share
Face Value₹10.00 per share
Entitlement Ratio10 : 51
Listing AtBSE, NSE
Terms of PaymentAll money payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312021-03-31
Income280.68290.21315.22
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To invest/ infuse funds in a newly incorporated wholly owned subsidiary namely Delta Renewable Energy Private Limited (Delta) for developing the 19.8 MW Solar Power Project in Tamil Nadu (the Phase-1 Power Project);
2Repayment/Pre-payment of unsecured loan availed by the company from Gamma Green Power Private Limited (GGPPL, one of the subsidiaries of the Company) & Clarion Wind Farm Private Limited (CWFPL, one of the step-down subsidiaries of the company);
3To lend fresh loans to GGPPL and CWFPL to facilitate them to repay/pre-pay in full or part of unsecured loans availed by them from SVL limited, one of the Corporate Promoters of the Company;
4Part-payment of security deposits towards contractual lease commitments of Beta Wind Farm Private Limited (BWFPL) one of the subsidiaries of the Company and;
5General Corporate Purposes
🏢 About the Company
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
📞 Company Contact
CompanySkyline Financial Services Pvt.Ltd.
AddressBascon Futura SV, 4th Floor, No.10/1,
Venkatanarayana Road, T. Nagar,
Chennai – 600 017
Chennai, Tamil Nadu, 600017
Phone+91 444 901 5678
Emailcomplianceofficer@orientgreenpower.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390/28460391/28460392
Emailrights@cameoindia.com
WebsiteVisit ↗