58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Ganesh Green Bharat Limited IPO (Ganesh Green Bharat IPO) Detail

Ganesh Green Bharat IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Electric Equipments sector. Hem Securities is the merchant banker of Ganesh Green Bharat IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th January 2024.

Ganesh Green Bharat IPO open date is 5th July 2024 and close date is 9th July 2024. IPO Allotment Date is 10th July 2024 and Listing date is 12th July 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Ganesh Green Bharat IPO Date

Date of DRHP:
16th January 2024
IPO Allotment Date:
10th July 2024
IPO Open Date:
5th July 2024
Initiation of Refund:
11th July 2024
IPO Closing Date:
9th July 2024
IPO Listing Date:
12th July 2024

Ganesh Green IPO Info, Size, Subscription

Ganesh Green Bharat IPO size is Rs 125.23 Cr. crores with IPO price of Rs 190.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 125.23 Cr.

Issue Price:
₹ 190.00

Market Capitalisation :
₹ 509.22 Cr.

PE multiple :
23.33

Subscription :
229.92 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.42%

Ganesh Green Bharat IPO Information

Sub Sector : Electrical Contracting Service company
Ganesh Green Bharat Limited offers a comprehensive range of services in the supply, installation, testing, and commissioning (SITC) of solar and electrical goods, primarily catering to various government bodies. It has successfully completed projects under schemes like the Saubhagya Scheme, KUSUM Scheme, and Saur Sujla Yojna. The company has also expanded into designing, constructing, installing, and maintaining water supply schemes, such as the Mukhya Mantri Nishchay Quality Affected Yojna and the Har Ghar Jal (Jal Jeevan Mission). Founded as a partnership firm in 2016, initially focusing on electrical contracting, it ventured into the renewable energy sector in 2017, providing integrated solar energy solutions including engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services for solar home lighting, street lights, power
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Object of Issue (Ganesh Green IPO Objectives)

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

Hem Securities Limited is the book-running lead manager of the Ganesh Green Bharat IPO. Kfin Technologies Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Ganesh Green Bharat IPO.

Ganesh Green IPO Market Maker

Hem Finlease Private Limited

Ganesh Green IPO Registrar (RTA)

Kfin Technologies Limited

Ganesh Green IPO Lead Manager (BRLM)

Hem Securities Limited

Ganesh Green Bharat IPO anchor investors are the below investors. The number of anchor investors in this IPO is 20.

Anchor Investors in Ganesh Green IPO

No. of Anchor Investors: 20

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
HDFC BANK LIMITED 158,400.00 ₹190.00 ₹30,096,000.00
India - Ahead 158,400.00 ₹190.00 ₹30,096,000.00
Beacon Stone Capital 149,400.00 ₹190.00 ₹28,386,000.00
Astrone capital VCC 131,400.00 ₹190.00 ₹24,966,000.00
Craft Emerging Market 131,400.00 ₹190.00 ₹24,966,000.00
Craft Emerging Market 131,400.00 ₹190.00 ₹24,966,000.00
Meru Investment Fund 129,000.00 ₹190.00 ₹24,510,000.00
FINAVENUE CAPITAL TRUST 105,600.00 ₹190.00 ₹20,064,000.00
Negen Undiscovered Value 105,600.00 ₹190.00 ₹20,064,000.00
Ag Dynamic Fund 102,600.00 ₹190.00 ₹19,494,000.00
Religo Commodities Venture 79,200.00 ₹190.00 ₹15,048,000.00
Absolute Returns Scheme 52,800.00 ₹190.00 ₹10,032,000.00
Imap India Capital 52,800.00 ₹190.00 ₹10,032,000.00
India Equity Fund 52,800.00 ₹190.00 ₹10,032,000.00
Knightstone Capital LLP 52,800.00 ₹190.00 ₹10,032,000.00
Nav Capital Vcc 52,800.00 ₹190.00 ₹10,032,000.00
Copthall Mauritius Investment 52,800.00 ₹190.00 ₹10,032,000.00
Rajasthan Global Securities 52,800.00 ₹190.00 ₹10,032,000.00
Tryrock Capital Trust 52,800.00 ₹190.00 ₹10,032,000.00
VPK Global Ventures 52,800.00 ₹190.00 ₹10,032,000.00

Ganesh Green Bharat IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Ganesh Green Bharat IPO?

Ganesh Green Bharat IPO, based in Ahmedabad, operates in the   Electric Equipments sector with a focus on Electrical Contracting Service company. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Ganesh Green Bharat IPO size is ₹ 125.23 Cr. Crores with fresh issue size of Rs 125.23 Cr. Crores and Offer for sale being Nil.

When is Ganesh Green IPO allotment?

The IPO allotment date for Ganesh Green Bharat IPO is expected to be 10th July 2024, after the finalization of basis of allotment. Investors can check Ganesh Green Bharat IPO allotment status on the registrars website, Kfin Technologies Limited. Ganesh Green Bharat IPO refund dates are 11th July 2024.

When is Ganesh Green Bharat IPO listing date?

Ganesh Green Bharat IPO is expected to be listed on 12th July 2024.

What is the price band for Ganesh Green IPO?

The upper price band for the Ganesh Green Bharat IPO is set at ₹ 190.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Ganesh Green Bharat IPO Review?

For IPO analysis on Ganesh Green Bharat IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Ganesh Green Bharat IPO?

To apply for the Ganesh Green Bharat IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th July 2024. After submission, funds are blocked until the basis of allotment of Ganesh Green Bharat IPO is finalised.

Who is the merchant banker of Ganesh Green IPO?

The merchant banker for Ganesh Green Bharat IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ganesh Green Bharat IPO RHP for further details.

Who is the Registrar of Ganesh Green Bharat IPO?

The registrar for Ganesh Green Bharat IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Ganesh Green Bharat IPO through their official website or helpline.

What is the Ganesh Green Bharat IPO subscription?

Ganesh Green Bharat IPO was subscribed 229.92 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 125.23 Cr. Avg IPO Size (Sector Based) : ₹ 34.18 Cr.
  • Sector: Electric Equipments SME IPO so far: 39
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 170.17 cr.
            PAT: (annualised): ₹ 19.88 cr.
  • PE Ratio: 23.33x Average Sector PE Ratio: 18.31x
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FAQs

Ganesh Green Bharat IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ganesh Green Bharat Financial Review Page

Ganesh Green Bharat IPO subscription was 229.92 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Ganesh Green Bharat IPO listed at a listing price of 398.00 against the offer price of 190.00.

The current market price of Ganesh Green Bharat is 335.30.

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