Greaves Electric Mobility IPO GMP, Open Date, Allotment Status, DRHP

  • 27-Dec-2024
  • 2 mins read
Greaves Electric Mobility IPO GMP

Greaves Electric Mobility IPO GMP, Open Date, Allotment Status, DRHP

Greaves Electric Mobility IPO open date is expected by the second week of March 2025. This new IPO is a book-built issue of Rs 1000 crore. This upcoming IPO is an entirely fresh issue of Rs 1000 crore and no offer-for-sale component is available. 

Greaves Electric Mobility IPO price band is expected to be around Rs 662 per share. As of now, Greaves Electric Mobility IPO GMP Live quotation is not yet started. Live IPO Grey Market Premium details will be visible online.

Greaves Electric Mobility IPO allotment status expected in the second week of March 2025. The lot size details are yet to be announced. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,760. The registrar for Greaves Electric Mobility IPO is Link Intime India Limited. The listing date is also expected in the third week of March 2025.

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Greaves Electric Mobility IPO GMP

The Greaves Electric Mobility IPO GMP has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Greaves Electric Mobility IPO GMP might rise in the coming days. 

Greaves Electric Mobility IPO Price Band

Greaves Electric Mobility IPO price band expected is around Rs 662 per share. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,760 and for small NII minimum investment is to be around Rs 2,09,050. The minimum investment for the Big NII is to be around Rs 10,01,400.

Greaves Electric Mobility IPO Open Date, Close Date

Greaves Electric Mobility IPO open date is expected by the second week of March 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future. 

Greaves Electric Mobility IPO Allotment Status 

Greaves Electric Mobility IPO allotment status is expected to be finalized in the second week of March 2025. The listing will be on the BSE and NSE platforms in the third week of March 2025. The registrar of this IPO is expected to be Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Greaves Electric Mobility IPO Listing Date

Greaves Electric Mobility IPO's listing date is expected to be in the third week of March 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day. 

Greaves Electric Mobility IPO: Listing Date, Lot Size, Price Band

IPO Date

Second week of March 2025 (expected)

Listing Date

Third week of March 2025 (expected)

Face Value

Rs 10 per share

Price Band

Rs 662 per share (expected)

Lot Size

Yet to be announced

Total Issue Size

Rs 1000 crore

Fresh Issue

Rs 1000 crore

Offer for Sale

No OFS

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Greaves Electric Mobility Limited: About the Company 

Greaves Electric Mobility IPO

Greaves Electric Mobility was founded in 2008, is a leading Indian electric vehicle company and a subsidiary of Greaves Cotton Limited.  The company specializes in manufacturing eco-friendly electric scooters, e-rickshaws and e-autos under popular brands like Ampere and Ele. 

The company has a mission to revolutionize urban mobility, and focuses on innovation, sustainability and affordability. Greaves Electric Mobility has a growing presence across India, supported by a large distribution network and after sales services. 

The company leverages advanced technology to provide efficient, zero-emission transportation solutions, catering to both commercial segments. Greaves actively  contributes to India’s transition toward cleaner and greener transportation alternatives.   

Greaves Electric Mobility IPO Objectives

The funds raised from the Greaves Electric Mobility IPO will be used for expanding the electric mobility business. Also, the remaining money will be used for the capital expenditure and meeting the working capital needs. Other than this, the money will be used for meeting the working capital purposes.  

Greaves Electric Mobility IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Second week of March 2025 (Expected)

IPO Close Date

Second week of March 2025 (Expected) 

IPO Allotment Status

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced 

IPO Listing Date

Yet to be announced

Cut-off time for UPI mandate

Yet to be announced

Greaves Electric Mobility IPO Subscription Status, IPO Reservation 

Greaves Electric Mobility IPO subscription status will be available after the IPO opens in the second week of March 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.  

Greaves Electric Mobility IPO Lot Size Details

Greaves Electric Mobility IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,760 and the maximum is 13 lots, amounting to be around Rs 1,94,324. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,150.

Greaves Electric Mobility IPO Promoter Holdings 

Greaves Electric Mobility IPO promoters are Greaves Cotton and Abdul Latif Jameel Green Mobility Solutions DMCC. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.  

Greaves Electric Mobility IPO Registrar 

Greaves Electric Mobility IPO registrar is expected to be Link Intime India Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Greaves Electric Mobility IPO Lead Managers

Greaves Electric Mobility IPO lead managers are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited, and JM Financial Limited.  

How to apply to Greaves Electric Mobility IPO 

Interested investors can apply to the Greaves Electric Mobility IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Greaves Electric Mobility IPO Review 

Greaves Electric Mobility IPO may get a positive response from the general public. The company is involved in the electric mobility business. So, investors interested in the financial sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Greaves Electric Mobility IPO GMP will also rise. 

Greaves Electric Mobility IPO FAQ

1. What are the details of the Greaves Electric Mobility IPO?

Greaves Electric Mobility IPO new IPO is a book-built issue of Rs 1000 crore. This upcoming IPO is an entirely fresh issue of Rs 1000 crore and no offer-for-sale component is available.  

2. When will the Greaves Electric Mobility IPO open and close?

Greaves Electric Mobility IPO open date is expected by the second week of March 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.  

3. What is Greaves Electric Mobility IPO GMP Live?

The Greaves Electric Mobility IPO GMP Live has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Greaves Electric Mobility IPO GMP might rise in the coming days.  

4. What are the details of Greaves Electric Mobility IPO Subscription Status?

Greaves Electric Mobility IPO subscription status will be available after the IPO opens in the second week of March 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Greaves Electric Mobility IPO allotment status is expected to be finalized in the second week of March 2025. The listing will be on the BSE and NSE platforms in the third week of March 2025. The registrar of this IPO is expected to be Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Greaves Electric Mobility IPO? 

Greaves Electric Mobility IPO registrar is expected to be Link Intime India Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited and JM Financial Limited.

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