Ganesh Green Bharat IPO Date, Review, Price, Allotment Details

Ganesh Green Bharat IPO Details: Ganesh Green Bharat IPO date is fixed, The IPO will open on July 5 and will close on July 9. Ganesh Green Bharat is a NSE SME IPO to raise ₹125.23 crores via IPO. The Ganesh Green Bharat IPO price band is fixed at ₹181 to ₹190 with a market lot of 600 shares.

Ganesh Green Bharat IPO

Table of Contents


Ganesh Green Bharat provides comprehensive portfolios in the field of supply, installation, testing, and commissioning (SITC) of solar and electrical goods and services to various government bodies. They have completed projects under various schemes of Central and State Governments like – Saubhagya Scheme, KUSUM Scheme, and Saur Sujla Yojna. They also forayed into the business of designing, construction, installation operation, and maintenance of Water Supply Scheme Projects like the Mukhya Mantri Nishchay Quality Affected Yojna, Har Ghar Jal (Jal Jeevan Mission), etc.


They started as a partnership firm in the year 2016 with a focus on Electrical contracting services. Later in the year 2017, they stepped into the renewable energy sector where they expanded their operations as an integrated solar energy solutions provider offering engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services for solar home light, solar street light, solar power plants (On-Grid and off Grid), Solar Highmast, Solar Pumping System etc. In 2016, they attained the status of Channel Partner of the Ministry of New and Renewable Energy (MNRE) and in the year 2018 they completed a substantial project involving 16,486 SPV home lighting systems in Rajasthan through Rajasthan Renewable Energy Corporation Limited (RRECL)

Gradually in the year 2019, they started bidding for Water Supply Scheme Projects wherein they are engaged in designing, construction, supplying, testing, and commissioning of Water Supply Scheme Projects which involve the construction of piped water supply with installation of polyethylene water storage tank to provide drinking water through functional household tap connections in villages with all allied works of the scheme and successful trial run.


Objects of the Issue:

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

Ganesh Green Bharat IPO Review

  • Apply

Ganesh Green Bharat IPO Date & Price Band Details

IPO Open:July 5, 2024
IPO Close:July 9, 2024
IPO Size:Approx ₹125.23 Crores, 6,591,000 Equity Shares
Fresh Issue:Approx ₹125.23 Crores, 6,591,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹181 to ₹190 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Ganesh Green Bharat IPO Market Lot

The Ganesh Green Bharat IPO minimum market lot is 600 shares with a ₹114,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹114,000
Retail Maximum1600₹114,000
S-HNI Minimum21200₹228,000

Ganesh Green Bharat IPO Dates

The Ganesh Green Bharat IPO date is July 5 and the IPO close date is July 9. The IPO allotment date is July 10 and the IPO might list on July 12

IPO Open Date:July 5, 2024
IPO Close Date:July 9, 2024
Basis of Allotment:July 10, 2024
Refunds:July 11, 2024
Credit to Demat Account:July 11, 2024
IPO Listing Date:July 12, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Ganesh Green Bharat IPO Form

How to apply Ganesh Green Bharat IPO? You can apply Ganesh Green Bharat IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ganesh Green Bharat IPO in the Invest section. The other option you can apply Ganesh Green Bharat IPO via IPO forms download via the NSE website. Check out the Ganesh Green Bharat forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Ganesh Green Bharat Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹106.12₹99.08₹5.21
2023₹90.60₹79.57₹8.16
2024₹171.96₹143.60₹21.83

Ganesh Green Bharat IPO Valuation – FY2024

Check Ganesh Green Bharat IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹10.92 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):34.72%
Net Asset Value (NAV):₹31.46 per Equity Share

Peer Group

  • Solex Energy Limited
  • Waaree Renewable Technologies Limited
  • Zodiac Energy Limited

Company Promoters

  • Ketanbhai Narsinhbhai Patel
  • Rajendrakumar Narsinhbhai Patel
  • Niravkumar Sureshbhai Pate
  • Shilpaben Ketanbhai Patel

Ganesh Green Bharat IPO Registrar

KFin Technologies Limited
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

Ganesh Green Bharat IPO Allotment Status

Check Ganesh Green Bharat IPO allotment status on KFin Technologies website URL. Click Here

Ganesh Green Bharat IPO Lead Managers aka Merchant Bankers

  • Hem Securities Limited

Company Address

Ganesh Green Bharat Limited
F – 202. S.G. Business Hub, S.G. Highway,
Ahmedabad- 382470 Gujarat, India
Phone: +91-79-29703080
E-mail: [email protected]
Website: www.ganeshgreen.com

Ganesh Green Bharat IPO FAQs


What is Ganesh Green Bharat IPO?

Ganesh Green Bharat IPO is an NSE SME IPO. They are going to raise ₹125.23 Crores via IPO. The issue is priced at ₹181 to ₹190 per equity share. The IPO is to be listed on NSE.

When Ganesh Green Bharat IPO will open?

The IPO is to open on July 5, 2024 for QIB, NII, and Retail Investors.

What is Ganesh Green Bharat IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Ganesh Green Bharat IPO?

You can apply Ganesh Green Bharat IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Ganesh Green Bharat IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ganesh Green Bharat”. Click on 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. Open Demat Account with Zerodha.

How to Apply the Ganesh Green Bharat IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ganesh Green Bharat”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Ganesh Green Bharat IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Ganesh Green Bharat”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Ganesh Green Bharat IPO Size?

Ganesh Green Bharat IPO size is ₹125.23 crores.

What is Ganesh Green Bharat IPO Price Band?

Ganesh Green Bharat IPO Price Band is ₹181 to ₹190 per equity share.

What is Ganesh Green Bharat IPO Minimum and Maximum Lot Size?

The IPO bid is 600 shares with ₹114,000.

What is Ganesh Green Bharat IPO Allotment Date?

Ganesh Green Bharat IPO allotment date is July 10, 2024.

What is Ganesh Green Bharat IPO Listing Date?

Ganesh Green Bharat IPO listing date is July 12, 2024. The IPO to list on NSE SME.

Note: The Ganesh Green Bharat IPO details are announced officially. The IPO grey market premium (Ganesh Green Bharat IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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