IPO

Ganesh Green Bharat Limited IPO

NSE SME

Listed On: Jul 12, 2024 at ₹ 361.0

₹ 114000 /600 Shares

Check Allotment

Ganesh Green Bharat Limited IPO Details

05 Jul, 2024

Open Date

09 Jul, 2024

Close Date

10 Jul, 2024

Allotment Date

12 Jul, 2024

Listing Date

Issue Price

₹181-190 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

361.0

Listing Date

2024-07-12

Market Lot

600 Shares (₹114,000/-)

Lead Manager

Hem Securities Limited

Issue Size

6,591,000 shares(aggregating up to ₹125.23 Cr)

Retail Portion

35%

Subscription

229.92 times

IPO Docs

DRHP

Ganesh Green Bharat Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,238,400 / 929,4002,168,4004,402,200
Day 1 - 05-07-24 06:00 PM5.79 / 8.56 x18.86 x12.73 x
Day 2 - 08-07-24 06:00 PM12.03 / 29.15 x54.94 x36.61 x
Day 3 - 09-07-24 06:00 PM154.50 / 470.44 x176.88 x229.92 x
Total No. of Applications: 6,39,229 (Approx)

Ganesh Green Bharat Limited Valuations

EPS Pre IPO

₹11.99/-

EPS Post IPO

₹8.15/-

P/E Pre IPO

15.85

P/E Post IPO

23.33

RoNW

%

Ganesh Green Bharat Limited Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets15,029.828,786.058,835.50
Revenue17,196.489,059.5310,612.10
Profit After Tax2,183.02815.57520.75

About The Company

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, 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).

The company has a team of 10 engineers supported by third-party consultants and industry experts to ensure compliance with industry and government standards.

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.

As of March 31,2024, the company had around 39 employees and contract labor at its project sites.

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Ganesh Green Bharat Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

  1. Ketanbhai Narsinhbhai Patel, Rajendrakumar Narsinhbhai Patel, Niravkumar Sureshbhai Patel and Shilpaben Ketanbhai Patel

Ganesh Green Bharat Limited IPO - Issue Objectives

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

Other Details

Company Contact Details

Ganesh Green Bharat Limited

F-202. S.G. Business Hub, S.G. Highway Ahmedabad-382470

Phone: +91-79-29703080

Email: cs@ganeshgreen.com

Website: https://ganeshgreen.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: ggbl.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Ganesh Green Bharat Limited IPO - FAQs

Ans. Ganesh Green Bharat Limited IPO is a SME IPO. The issue is priced at ₹181-190 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Jul 5, 2024, and closes on Jul 9, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Ganesh Green Bharat Limited IPO opens on Jul 5, 2024 and closes on Jul 9, 2024.

Ans. The size of Ganesh Green Bharat Limited IPO is 6,591,000 shares(aggregating up to ₹125.23 Cr).

Ans. The IPO price band is set between ₹181-190 per equity share.

Ans. To apply for Ganesh Green Bharat Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Ganesh Green Bharat Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Ganesh Green Bharat Limited IPO is Jul 10, 2024.

Ans. The Ganesh Green Bharat Limited IPO will be listed on Jul 12, 2024.

Ans. Follow the steps to check the allotment status for Ganesh Green Bharat Limited IPO here.