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

   IPO Information
   Financial Report
Peer Comparison
Performance Report

Grace Renewable Energy Limited IPO (Grace Renewable Energy IPO) Detail

Grace Renewable Energy IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Solar sector. Marwadi Chandarana Intermediaries Brokers Private is the merchant banker of Grace Renewable Energy IPO. It is a SME UPCOMING IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th March 2025.

Grace Renewable Energy IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME UPCOMING
Exchange : BSE SME
Issue Type : Book Building

Grace Renewable Energy IPO Date

Date of DRHP:
25th March 2025
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Grace Renewable IPO Info, Size, Subscription

Grace Renewable Energy IPO size is Rs [●] crores with IPO price of Rs [●]. 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 :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
99.40 %

Post Issue Promoter Holding :
[●]

Grace Renewable Energy IPO Information

Sub Sector : Providing solar Energy Solutions
Grace Renewable Energy is specialise in providing solar Energy Solutions to residential, commercial and industrial. The Company offers low carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farm. In addition, they also deal in sale and supply of battery energy storage solution under the brand name “Grace” manufactured by third party. Their comprehensive range of value-added services include installation, after-sales service, operation and maintenance (“O&M”) services. Their O&M services are tailored to meet the unique needs of each solar power plant, ensuring reliable and efficient operations. Their portfolio includes residential installations, commercial and industrial installations, along with battery energy storage solutions (“BESS”) (“Energy Solutions”).

Object of Issue (Grace Renewable IPO Objectives)

  • Purchase of Machinery for setting up BESS facility (Phase II)
  • Meeting Working Capital Requirements
  • General Corporate Purposes

Marwadi Chandarana Intermediaries Brokers Private Limited is the book-running lead manager of the Grace Renewable Energy IPO. KFin Technologies Limited is the Registrar and Market Maker is [●] for Grace Renewable Energy IPO.

Grace Renewable IPO Market Maker


Grace Renewable IPO Registrar (RTA)

KFin Technologies Limited

Grace Renewable IPO Lead Manager (BRLM)

Marwadi Chandarana Intermediaries Brokers Private Limited

Grace Renewable Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Grace Renewable Energy IPO?

Grace Renewable Energy IPO, based in Ahmedabad, operates in the   Solar sector with a focus on Providing solar Energy Solutions. The company is launching its SME UPCOMING IPO on the BSE SME exchange, using the Book Building Issue method. Grace Renewable Energy IPO size is ₹ [●] Crores with fresh issue size of Rs [●] Crores and Offer for sale being Nil.

When is Grace Renewable IPO allotment?

The IPO allotment date for Grace Renewable Energy IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Grace Renewable Energy IPO allotment status on the registrars website, KFin Technologies Limited. Grace Renewable Energy IPO refund dates are [●].

When is Grace Renewable Energy IPO listing date?

Grace Renewable Energy IPO is expected to be listed on [●].

What is the price band for Grace Renewable IPO?

The upper price band for the Grace Renewable Energy IPO is set at ₹ [●] 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 Grace Renewable Energy IPO Review?

For IPO analysis on Grace Renewable Energy 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 Grace Renewable Energy IPO?

To apply for the Grace Renewable Energy 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 [●]. After submission, funds are blocked until the basis of allotment of Grace Renewable Energy IPO is finalised.

Who is the merchant banker of Grace Renewable IPO?

The merchant banker for Grace Renewable Energy IPO is Marwadi Chandarana Intermediaries Brokers Private Limited . Marwadi Chandarana Intermediaries Brokers Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Grace Renewable Energy IPO RHP for further details.

Who is the Registrar of Grace Renewable Energy IPO?

The registrar for Grace Renewable Energy 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 Grace Renewable Energy IPO through their official website or helpline.

What is the Grace Renewable Energy IPO subscription?

Grace Renewable Energy IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : [●]
  • Sector: Solar SME IPO so far: 11
  • Merchant Banker: Marwadi Chandarana SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 30
  • Revenue (annualised): ₹ 104.74 cr.
            PAT: (annualised): ₹ 13.98 cr.
  • PE Ratio: [●] Average Sector PE Ratio: 0.00x
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Upcoming IPO List

Shivashrit Foods Limited

  FMCG

  Aligarh


Jayesh Logistics Limited

  Logistics

  Kolkata


Essex Marine Limited

  FMCG

  Kolkata


Victory Electric Vehicles International Limited

  Engineering - Automotive

  New Delhi


Vijaypd Ceutical Limited

  Pharmaceutical

  Mumbai


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

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

Grace Renewable Energy IPO subscription was 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.

Grace Renewable Energy IPO listed at a listing price of against the offer price of .

The current market price of Grace Renewable Energy is .

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency