Ganesh Green Bharat IPO will be Open on July 05, 2024, and close on July 09, 2024. The company has fixed the price of this IPO at ₹181-₹190 according to the face value of ₹10. The company will raise ₹125.23 Crores through this IPO under the 6,591,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO is 50% for QIB, 15% For NII, and 35% for Retail Investors. You can check Ganesh Green Bharat IPO GMP here.
Ganesh Green Bharat Limited is an Electrical Contracting Service company. The company offers a range of services including the supply, installation, testing, and commissioning (SITC) of solar and electrical goods and services to various government bodies.
The company has completed projects under various government schemes, such as the Saubhagya Scheme, the KUSUM Scheme, and Saur Sujla Yojna. Additionally, we have ventured into designing, building, installing, operating, and maintaining water supply projects like the Mukhya Mantri Nishchay Quality Affected Yojna, and Har Ghar Jal (Jal Jeevan Mission). You can check Ganesh Green Bharat’s IPO subscription status here.
The company’s clients include government departments of eight states, such as Gujarat Industrial Development Corporation (GIDC), Ahmedabad Municipal Corporation (AMC), Rajasthan Renewable Energy Corporation Limited (RRECL), and several others. It also sells Solar PV modules to private sector organizations.
Objects Of The Issue :
- Repayment in full or in part, of certain of the outstanding borrowings.
- Funding Capital Expenditure towards the installation of additional plant and machinery at the factory.
- Funding to meet working capital requirements.
- General Corporate Purpose.
Company Strengths :
- We offer a diversified range of solutions.
- Leverage our capabilities to capture strong industry tailwinds and growth prospects for solar energy.
- In-house designing and execution team and established track record
- Order Book of projects across India.
- Experienced Promoters and senior management team.
- Stable financial performance
| Read also: Upcoming IPO List 2024 |
Ganesh Green Bharat IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹21.83 Cr ₹190 /EQ 10.92 17.40x 46.42 % 34.72 % 29.98 % 0.94 ₹31.46 ₹150.30 Cr ₹509.22 Cr 100.00 % 73.42 % |
| Team Review : | ✔ Apply For Long Term |
👉 Ganesh Green Bharat IPO Show Review ….👈
- ■ The company business related to solar and electrical goods and water supply scheme projects related services.
- ■ The company growth top line & bottom line very strong.
- ■ As of March 31, 2024, The company order book stood at 313.98 cr
- ■ The Company PE ratio is very attractive.
- ■ The company Issue price is slightly aggressive based on the PE Ratio but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Ganesh Green Bharat IPO, Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | July 05, 2024 |
| IPO Close : | July 09, 2024 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹181-₹190 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹125.23 Cr {6,591,000 Shares} |
| Fresh Issue : | ₹125.23 Cr {6,591,000 Shares} |
Ganesh Green Bharat IPO Market Lot :
Ganesh Green Bharat IPO Minimum Market lot is 1 Lot with 600 shares with ₹114,000 Application amount. The retail investors can apply up to 2 lots with 600 Shares or ₹228,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 600 | ₹114,000 |
| Retail (Max) : | 1 | 600 | ₹114,000 |
| S-HNI (Min) : | 2 | 1200 | ₹228,000 |
Ganesh Green Bharat IPO Net Reservation :
Ganesh Green Bharat IPO Net Reservation of 65,91,000 shares is to be bid for the public issue by Ganesh Green Bharat IPO with 30,96,000 for QIB and 9,29,400 for NII 21,68,400 For RII.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 46.97% | 30,96,000 | ₹58.82 |
| NII : | 14.10% | 9,29,400 | ₹17.66 |
| RII : | 32.90% | 21,68,400 | ₹41.20 |
| EMP : | 5.03% | 331,200 | ₹6.30 |
| MMRP : | 1.00% | 66,000 | ₹1.25 |
| Total : | 100% | 65,91,000 | ₹125.23 |
Ganesh Green Bharat IPO EPS & RoNW :
The Ganesh Green Bharat company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2024 | ₹10.92 | 34.72 | ₹31.46 |
| 2023 | ₹4.48 | 23.15 | ₹19.36 |
| 2022 | ₹2.86 | 19.23 | ₹14.88 |
Ganesh Green Bharat IPO Peer Comparison PE :
The Ganesh Green Bharat, According to the RHP of the company is listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Solex Energy | 133.86 |
| Waaree Renewable | 131.91 |
| Zodiac Energy | 94.15 |
Ganesh Green Bharat IPO Dates :
Ganesh Green Bharat IPO Date is July 05, 2024, and closes on July 09, 2024. The allotment will be finalized on July 10, 2024, and the IPO may list on July 12, 2024.
| Issue Open Date : | July 05, 2024 |
| Issue Close Date : | July 09, 2024 |
| Allotment Date : | July 10, 2024 |
| Refund Date : | July 11, 2024 |
| Share Credit Date : | July 11, 2024 |
| Listing Date : | July 12, 2024 |
Ganesh Green Bharat IPO Form :
There are two ways to apply for Ganesh Green Bharat IPO. You can apply for Ganesh Green Bharat IPO through ASBA available in your bank account. You have to go to your online bank login select Ganesh Green Bharat IPO in the Invest section and apply through your bank account. Another option is you apply for Ganesh Green Bharat IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Ganesh Green Bharat Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹17,196.48 | ₹14359.81 | ₹2,183.02 |
| 2022 | ₹9,059.53 | ₹7956.57 | ₹815.57 |
| 2021 | ₹10,612.10 | ₹9908.48 | ₹520.75 |
Company Promoters :
■ Ketanbhai Narsinhbhai Patel
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Ganesh Green Bharat IPO Lead Managers :
■ Hem Securities Limited
Ganesh Green Bharat IPO Registrar :
KFin Technologies Limited
Selenium Tower B, Plot No.31-32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad 500032, Telangana, India
Telephone: +91 40 6716 2222
Toll-Free No.: 1800 309 4001
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com/
Note: Check Ganesh Green Bharat IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Ganesh Green Bharat Limited
F – 202. S.G. Business Hub,
S.G. Highway, Ahmedabad- 382470 Gujarat, India.
Tel. No.: +91-79-29703080
Email: [email protected]
Website: www.ganeshgreen.com
Ganesh Green Bharat IPO FAQs :
What is Ganesh Green Bharat IPO?
Ganesh Green Bharat IPO is an SME IPO. They are going to raise ₹125.23 Crores via IPO. The issue is priced at ₹181-₹180 per equity share. The IPO is to be listed on NSE, SME.
When Ganesh Green Bharat IPO will open?
The IPO is to open from July 05 to July 09, 2024, for QIB, NII & RII.
How much is Ganesh Green Bharat’s IPO Size?
Ganesh Green Bharat’s IPO size is ₹125.23 Crores.
How much is the Fresh issue size of the Ganesh Green Bharat IPO?
The Fresh issue size of Ganesh Green Bharat IPO ₹125.23 Cr.
What is the Ganesh Green Bharat IPO Price Band?
Ganesh Green Bharat IPO Price Band is ₹181-₹190 Per share.
What is the Ganesh Green Bharat IPO Minimum and Maximum Lot Size?
The minimum bid is 600 Shares with ₹114,000 amount while the maximum bid is 1200 shares with ₹228,000.
How much is Ganesh Green Bharat IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, RII 35%.
When is the Ganesh Green Bharat IPO Allotment Date?
Ganesh Green Bharat IPO allotment date is July 10, 2024
When is the Ganesh Green Bharat IPO Listing Date?
Ganesh Green Bharat’s IPO listing date is July 12, 2024. The IPO to list on NSE, SME.
How to Apply the Ganesh Green Bharat IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Ganesh Green Bharat IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ganesh Green Bharat IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Ganesh Green Bharat IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ganesh Green Bharat IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Ganesh Green Bharat IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ganesh Green Bharat IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Ganesh Green Bharat IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Ganesh Green Bharat GMP: Click Here Ganesh Green Bharat Subscription: Click Here Ganesh Green Bharat Allotment: Click Here Ganesh Green Bharat Listing: Click Here |
All Ganesh Green Bharat IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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