GRE Renew Enertech IPO Subscription Status
GRE Renew Enertech IPO subscribed over 2.26x on its first day till 5.00 PM on January 13, 2026.
- The GRE Renew Enertech IPO subscription QIB investors’ portion is 7.04 times, while NII subscribed 0.48 times, and RII investors subscribed 0.32 times.
- The company has received bids for 56,86,800 shares against 25,14,000 shares on offer on the first day of subscription.
- The GRE Renew Enertech IPO was subscribed over 2.26x on its day 1.
About GRE Renew Enertech Company
Since its incorporation in 2006, GRE Renew Enertech Limited has been engaged in offering rooftop and ground-mounted solar solutions to industrial and commercial customers. Its business is divided into 2 segments, which are Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX segment, the firm provides Engineering, Procurement, construction, and operation of solar projects. Under the RESCO model, the company signs an agreement with rooftop owners to install and operate solar systems on their rooftops.
The business is also involved as a manufacturer of Light Emitting Diode (“LED”) lighting solutions. But, as of the past few years, the company’s primary focus has been mostly on solar energy solutions. The GRE Renew Enertech’s main goal is to become the preferred choice of a top-quality solar solutions provider for industrial and commercial customers.
GRE Renew Enertech IPO GMP:
GRE Renew Enertech IPO GMP was ₹7 on Tuesday, 13 January 2026. That indicates the IPO is trading at ₹112 with a ₹7 premium in the grey market against the issue price of ₹105.
