The GRE Renew Enertech IPO minimum market lot is 2,400 shares with ₹2,52,000 application amount. The GRE Renew Enertech IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
GRE Renew Enertech IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 7.04 | 0.00 | 0.00 |
| NII | 0.48 | 0.00 | 0.00 |
| RII | 0.32 | 0.00 | 0.00 |
| Total | 2.26 | 0.00 | 0.00 |
GRE Renew Enertech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
GRE Renew Enertech IPO Review and Rating
- May Apply For Long-term View
GRE Renew Enertech IPO Form
How to apply for the GRE Renew Enertech IPO? You can apply for GRE Renew Enertech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GRE Renew Enertech IPO in the Invest section. The other option is you can apply for GRE Renew Enertech IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
