Oriana Power Ltd

Comprehensive end-to-end EPC solutions provider with a global execution track record.

Strong relationship with customers and other key stakeholders.

Well equipped with advance technology

Experienced Promoters and Technically Sound Operation Team

Track record of growth and profitability

Long term relationship with clients and repeat business

The Company has given Corporate Guarantees of Rs. 7,437.00 Lakh in respect to the loan taken by its subsidiaries and associate companies. The company cannot assure that there will be no default done by its subsidiaries in the future.

The company may be unable to accurately estimate costs under fixed-price EPC contracts, fail to maintain the quality and performance guarantees under the EPC contracts, the company may experience delays in completing the construction of solar power projects, which may increase its construction costs and working capital requirements and thus may have a material adverse effect on the financial condition, cash flow and results of operations.

The company operate in a competitive industry and as such we may not be successful in bidding for and winning bids for solar power projects to grow its business globally, which may have a material adverse effect the company business, financial condition, results of operations and prospects.

Orders in the company order book may be delayed, modified or cancelled and letters of intent may be withdrawn or may not translate to confirmed orders, which may have a material adverse effect on its business, results of operations and financial condition.

The company business operations rely on consistent solar weather conditions and unfavourable solar weather conditions could have a material adverse effect on its business, financial condition and results of operations.

The average cost of acquisition of Equity Shares by the Promoters could be lower than the issue price.

The company has issued Equity Shares during the last one year at a price that may be below the Issue Price.

The company Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company even after the Issue which will allow them to determine the outcome of matters submitted to shareholders for approval.

The Company has availed Rs. 1104.65 Lakh as unsecured loan which are repayable on demand. Any demand from the lenders for repayment of such unsecured loan may affect its financial condition.

Non-updation of Directors Record on website of the MCA.

There may be potential conflicts of interest if the Promoters or Directors get involved in any business activities that compete with or are in the same line of activity as its business operations.

Several of the company key raw materials and components are sourced from a single or a limited group of global third-party suppliers giving rise to supplier concentration risks. Any restrictions in supply or defects in quality could cause delays in project construction or implementation and impair its ability to provide of the services to customers at a price that is profitable to it, which could have a material adverse effect on the company business, financial condition and results of operations.

The company do not own the premises in which the registered office, corporate office and warehouse are located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect the operations.

The company success will depends on its ability to attract and retain the key managerial personnel, the company design and engineering team and other key personnel. Failure to do so may have a material adverse effect on its business, financial condition and results of operations.

Change in technology, evolving customer requirements and emerging industry trends may affect its business, may render the current technologies obsolete and may require us to make substantial capital investments.

There are certain discrepancies and non- compliances noticed in some of the corporate records relating to forms filed with the Registrar of Companies, taxation authorities and other public authorities.

The Company has in the past entered into related party transactions and may continue to do so in the future. There can be no assurance that such transactions, individually or in the aggregate, will not have an adverse effect on the Company`s financial condition and results of operations.

The company insurance coverage may not be adequate to protect it against certain operating hazards and this may have a material adverse effect on its business.

The company has applied for registration of logo `TrueRE` and do not own the trademark legally as on date. Its may be unable to adequately protect the intellectual property. Furthermore, the company may be subject to claims alleging breach of third-party intellectual property rights.

The company operations may cause injury to people or property and therefore could subject it to significant disruptions in its business, legal and regulatory actions, costs and liabilities which could materially and adversely affect the company business, financial condition and results of operations.

The company business, financial condition and results of operations could be materially and adversely affected by strikes, work stoppages and/or increased wage demands by the employees or any other kind of dispute with its employees and other workers.

In addition to normal remuneration, other benefits and reimbursement of expenses some of the Promoters who are directors as well, hold Equity Shares in the Company and may be interested in the Company to the extent of interest received on loan given, their shareholding and dividend entitlement in the Company.

The company has not made any dividend payments in the past and its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in the company financing arrangements.

The Issue price of the company Equity Shares may not be indicative of the market price of the Equity Shares after the Issue and the market price of the Equity Shares may decline below the issue price and you may not be able to sell your Equity Shares at or above the Issue Price.

Lockdown and suspension of commercial operations will affect the growth of its business and cash flows.

The company growth will depends on the ability to build its brand and failure to do so will negatively impact the company ability to effectively compete in this industry.

There is no monitoring agency appointed by the Company to monitor the utilization of the Issue proceeds.

You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.

The price of the company Equity Shares may be volatile, or an active trading market for the Equity Shares may not develop.

The company cannot assure you that its equity shares will be listed on the SME platform of NSE in a timely manner or at all, which may restrict your ability to dispose of the equity shares.

Sale of Equity Shares by the company Promoters or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.

After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.

The Issue price of the company Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of the company Equity Shares may decline below the issue price and you may not be able to sell your Equity Shares at or above the Issue Price.