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Originally Posted by anish

ORIENT GREEN POWER COMPANY LTD IPO

Issue Open: September 21, 2010
Issue close: September 24, 2010
Price Band: Rs. 47 - Rs. 55 Per Equity Share
Minimum Bid Size: 125 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 100000

ORIENT GREEN POWER COMPANY LTD IPO :

Incorporated in 2006, Orient Green Power Company Ltd, an associate company of Shriram EPC is engaged in developing, owning and operating a diversified portfolio of renewable energy plants based on biomass, biogas wind energy, and small hydel projects.The company is engaged in the construction of various projects in Maharashtra, Tamil Nadu, Andhra Pradesh, Rajasthan and Madhya Pradesh for generating 73.5 MW using bio-mass. Company has plans to invest about Rs 4,000 crore for increasing the capacity to 1,000 MW by March 2013, from 230 MW as of now.

IPO Grading / Rating:

CRISIL has assigned an IPO Grade 4 to Orient Green Power Company Ltd IPO . This means as per CRISIL, company has 'Above Average Fundamentals'.