Ganesh Green Bharat IPO, Review, IPO Performance by IPOPlatform India

About Ganesh Green Bharat

Company Information

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

Object of Issue

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

Ganesh Green Bharat SME IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Jul, 2024

IPO Size :

125.23 Cr.

Market Cap :

509.22 Cr.

IPO Subscription :

229.92 X

PE Multiple :

23.33

Merchant Banker :
Hem Securities Limited

IPO Registrar:
Kfin Technologies Limited

FAQs

1. What is Ganesh Green Bharat IPO?

Ganesh Green Bharat operates in Electric Equipments and Electrical Contracting Service Company. The Issue is listed on NSE EMERGE in Jul, 2024. Ganesh Green Bharat IPO size was 125.23 Cr. with Issue price of 190.00 .

2. Who is the merchant banker of Ganesh Green Bharat IPO?

Merchant Banker(s) of Ganesh Green Bharat IPO: Hem Securities Limited

3. How many times Ganesh Green Bharat IPO was subscribed?

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.

4. What is the listing price of Ganesh Green Bharat IPO?

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

5. What is the current market price of Ganesh Green Bharat IPO?

The current market price of Ganesh Green Bharat is 496.60.

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Ganesh Green Bharat Limited IPO (Ganesh Green Bharat IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Ganesh Green Bharat

Company Information

Object of Issue

Ganesh Green Bharat SME IPO Details (at the time of IPO)

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