243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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GRE Renew Enertech Limited

Ahmedabad

Date of DRHP : 28 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

GRE Renew Basic Details

   Solar - Energy

Sub Sector: providing solar energy solutions

Exchange:
BSE Emerge

About the Company

GRE is an emerging player in the field of Rooftop and ground mount solar solutions. GRE Renew Enertech Limited is a company that specializes in providing solar energy solutions to industrial and commercial customers. Alpha Tech offer green energy solutions by installing on-site solar projects. Company's business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, Alpha Tech offer Engineering, Procurement, construction, and operation of solar projects. In this model, customers invest in the Capital Expenditure at their own and their does Engineering, Procurement, Construction, and Operation on behalf of the client. Under CAPEX Model Alpha Tech have been planning to implement a 20 MWp project through their wholly owned subsidiary - GRE Green Energy Private Limited. Company's is also an Indian manufacturer of Light Emitting Diode (“LED”) lighting solutions. HoAlpha Techver, since last few years the prime focus of their is in the Solar Energy segment only. The turnover from lighting business is only 4.16% of the total turnover of their as per the last audited financial statements for the Financial Year ended March 31, 2024

Financial Summary (Annualised Basis)

Revenue :
92.15 Cr.

PAT :
9.89 Cr.

GRE Renew IPO Lead Manager(s)

Share India Capital Services Private Limited

GRE Renew IPO Registrar

Maashitla Securities Private Limited

GRE Renew DRHP Details

Objects of issue

  • The objects of the Issue are

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FAQs

GRE Renew Enertech operates in Solar - Energy and providing solar energy solutions. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of GRE Renew Enertech is Book Building Process and Object of issue is

  • The objects of the Issue are

The DRHP (Draft Red Herring Prospectus) of GRE Renew Enertech IPO was filed on 28 Sep 2024.

No, GRE Renew Enertech IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of GRE Renew Enertech are not available now. You can apply in GRE Renew Enertech IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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