IPO

Ganesh Green Bharat Ltd. IPO

Ganesh Green Bharat Ltd., established in 2019, operates in the Electric Equipment - General sector. The company's IPO opened on July 5, 2024 and closed on July 9, 2024, with an issue price of ₹190. ... Read more

Min Investment
₹ 1,14,000 / 600 shares
Price Range
₹181 - ₹ 190
Bidding Dates
5 Jul '24 - 9 Jul '24
Total Issue Value
125.23 Cr
Lot Size
600
Total Issue Size
125.23 Cr
Listing At
NSE SME
Subscription
215.51 times
NSE Price
560.20 (194.84%)

IPO Timeline

  • 5 Jul 2024
    Bidding Starts
  • 9 Jul 2024
    Bidding Ends
  • 10 Jul 2024
    Allotment Finalization
  • 12 Jul 2024
    Listing

About Ganesh Green Bharat Ltd.

Our group has diversified its business as service provider into multiple verticals catering to (i) Solar System & Allied Services, (ii) Electrical contracting services (iii) Water Supply Scheme Projects and as a (iv) manufacturer of solar photo-voltaic (“PV”) modules. Our in-house ... Read more

Parent organisation
Founded
Ganesh Green Bharat Ltd.
2019

Ganesh Green Bharat Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 18,58,140 (28.19%)
Employee Reserved 66,000 (1%)
Market Makers 3,31,200 (5.03%)
Non Institutional Investors 9,29,070 (14.1%)
Qualified Institutional Buyers (QIBs) 12,38,760 (18.79%)
Retail Individual Investors (RIIs) 21,67,830 (32.89%)

Ganesh Green Bharat Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 166.70 Cr 14.40 Cr 33.56 Cr
31 Mar 2023 85.73 Cr 8.14 Cr 33.99 Cr
31 Mar 2022 106.61 Cr 5.18 Cr 25.85 Cr

Ganesh Green Bharat Ltd. Background

Our company was originally formed as partnership firm under the Indian Partnership Act, 1932 in the name and style of “M/s. Ganesh Electricals”, pursuant to a deed of partnership dated April 02, 2016, entered between Dhanjibhai Narsinhbhai Patel, Ketanbhai Narsinhbhai Patel, ...

Read more

Major Events And Milestones
  • 2016
    We originally started business to act as manufacturers, suppliers and contractors of Electricals, Solar Products and Building materials as a partnership firm in the name of “M/s Ganesh Electricals”
  • 2017
    Attained the status of Channel Partner of Ministry of New and Renewable Energy (MNRE)
  • 2018
    We completed a substantial project involving 16,000 SPV home lighting system in Rajasthan through Rajasthan Renewable Energy Corporation Limited (RRECL)
  • 2019
    Incorporation of the Company as Private Limited Company from partnership firm in the name of Ganesh Electricals Private Limited
  • 2023
    Change the name to Ganesh Green Bharat Private Limited
    Conversion of the Company from Private Limited to Public Limited
Ganesh Green Bharat Ltd. Object of Issues

1. Repayment in full or in part, of certain of our outstanding borrowings
2. Funding Capital Expenditure towards installation of additional plant and machinery at our factory
3. Funding to meet working capital requirements
4. General Corporate Purpose

Ganesh Green Bharat Ltd. IPO Listing Details
Listing Date
12 Jul 2024
NSE Symbol
GANESGREEN
ISIN
INE0R8C01018
Final Issue Price
₹ 190
Ganesh Green Bharat Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 190.00
Open - ₹ 361.00
Low - ₹ 361.00
High - ₹ 379.05
Last Trade - ₹ 379.05
Ganesh Green Bharat Ltd. Company Promoters

1. Ketanbhai Narsinhbhai Patel
2. Rajendrakumar Narsinhbhai Patel
3. Niravkumar Sureshbhai Patel
4. Shilpaben Ketanbhai Patel

Industry Overview

• India has low conventional energy resources compared to its required energy needs driven by a huge population and a rapidly increasing economy. However, India can harness the huge potential of solar energy as it receives sunshine for most of the year.
It also has vast potential in ... Read more

Ganesh Green Bharat Ltd. Contact Details
Address: F-202, S.G. Business Hub, S.G. Highway, Ahmedabad Gujarat - 382470
Phone no:29703080
29703080
|
Ganesh Green Bharat Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Ganesh Green Bharat Ltd. IPO Lead Manager(s)
Hem Securities Ltd
No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013
49060000

FAQs

When does Ganesh Green Bharat Ltd. IPO opens and closes?

Ganesh Green Bharat Ltd. IPO opens from 5th July to 9th July 2024.

What is the size of Ganesh Green Bharat Ltd. IPO?

The size of the Ganesh Green Bharat Ltd. IPO is ₹125.23 Cr.

What is the price range of Ganesh Green Bharat Ltd. IPO?

The price range of Ganesh Green Bharat Ltd. IPO is at ₹181 to ₹190 per share.

What is the minimum investment and lot size required for the Ganesh Green Bharat Ltd. IPO?

The minimum investment required is ₹1,14,000 and minimum lot size is 600 shares.

When is Ganesh Green Bharat Ltd. IPO listing date?

The Ganesh Green Bharat Ltd. IPO will be listed on 12th July 2024.

What is the objective of Ganesh Green Bharat Ltd. IPO?

1. Repayment in full or in part, of certain of our outstanding borrowings
2. Funding Capital Expenditure towards installation of additional plant and machinery at our factory
3. Funding to meet working capital requirements
4. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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