Ganesh Green Bharat Limited

10 Jul 2024 - 11 Jul 2024 Individual Category IPO NSE

Min Investment

₹217200

Price Band

₹181-₹190

Issue Size

47.33 lakhs
Equity Shares

Lot Size

600 (per lot)

IPO Dates
img

10 Jul 2024

Open Date

img

11 Jul 2024

Close Date

img

11 Jul 2024

Allotment Date

img

10 Jul 2024

Listing Date

Ganesh Green Bharat IPO is open for subscription starting Friday, July 5, 2024, and closing on Tuesday, July 9, 2024. This upcoming IPO's price is Rs 181 to 190 per share. The minimum lot size set for the retail category is 600 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 1200 shares. The minimum investment required for retail category investors is Rs 1,08,600 ( 181 x 600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,17,200 (181 x 1200 shares). Ganesh Green Bharat IPO is a book-built issue of Rs 163.23 crores. This upcoming IPO is entirely a fresh issue of 85.91 lakh equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, July 10, 2024. Ganesh Green Bharat IPO will be listed on NSE SME on Friday, July 12, 2024. Hem Securities Limited is the book-running lead manager, and Kfin Technologies Limited is the registrar. 

Know Before Investing

Strengths icon

Weaknesses icon

About Ganesh Green Bharat Limited

Ganesh Green Bharat Limited, incorporated in April 2016, is a Electrical Contracting Service Company. They offer services like supply, installation, testing, and commissioning of Solar and electrical goods and services to many government bodies. Ganesh Green Bharat has completed various projects under the government scheme such as the Saubhagya Scheme, KUSUM Scheme, and Saur Sujla Yojna. Also, Ganesh Green Bharat have ventured into designing, building, installing, operating, and maintaining water supply projects like the Mukhya Mantri Nishchay Quality Affected Yojna, and Har Ghar Jal. As of March 2024 , the company has 10 work orders for Solar System and Allied Services, 7 work orders for Electrical Contracting Services, and 1 work order for Water Supply Scheme Projects. The company's clients are government departments of eight states, such as Gujarat Industrial Development Corporation, Ahmedabad Municipal Corporation, Rajasthan Renewable Energy Corporation Limited, and several others. The latest record shows that the company has around 39 employees and contract labour at its project sites. 

Founded

2016

Managing Director

Ketanbhai Narsinhbhai Patel

Parent Organization

IPO Objectives

The net amount received from this initial public offer will be allocated for repayment of the company's certain outstanding borrowing. The remaining will be used for capital expenditures toward the installation of additional plants and machinery, meeting day-to-day capital needs, and for general corporate purposes. 

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account