Ganesh Green Bharat Ltd
Price Range
₹181 - ₹190
Min. Quantity
600
Closes on
9 July 2024
Min. investment
₹1,14,000/600 Shares
Ganesh Green Bharat Ltd IPO Timeline
Ganesh Green Bharat Ltd was originally formed as Partnership Firm in the name 'M/s. Ganesh Electricals', through a Deed of Partnership dated April 02, 2016. Further, 'M/s Ganesh Electricals' got converted from Partnership Firm to a Private Limited Company in the name of 'Ganesh Electricals Private Limited' vide Certificate of Incorporation dated May 13, 2019 issued by Registrar of Companies, Central Registration Centre. And again the name of the Company was changed from 'Ganesh Electricals Private Limited' to 'Ganesh Green Bharat Private Limited' certified on October 11, 2023. As a result, the status of Company got converted into Public Limited and the name changed from 'Ganesh Green Bharat Private Limited' to 'Ganesh Green Bharat Limited' vide a Certificate of Incorporation dated October 13, 2023 issued by the Registrar of Companies, in Ahmedabad.
| Event | Date |
|---|---|
| Ganesh Green Bharat Ltd IPO Opening Date | 5 July 2024 |
| Ganesh Green Bharat Ltd IPO Closing Date | 9 July 2024 |
| Basis of Allotment | 10 July 2024 |
| Initiation of Refunds | 11 July 2024 |
| Credit of Shares to Demat | 11 July 2024 |
| Ganesh Green Bharat Ltd IPO Listing Date | 12 July 2024 |
Ganesh Green Bharat Ltd IPO Details
| Ganesh Green Bharat Ltd IPO Date | 5 July 2024 to 9 July 2024 |
| Ganesh Green Bharat Ltd IPO Face Value | ₹10 per share |
| Ganesh Green Bharat Ltd IPO Price | ₹181 to ₹190 per share |
| Ganesh Green Bharat Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹125.23 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹125.23 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ketanbhai Narsinhbhai Patel, Rajendrakumar Narisnhbhai Pate, Niravkumar Sureshbhai Patel |
Ganesh Green Bharat Ltd IPO Lot Size
The Ganesh Green Bharat Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,14,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,14,000 |
| Maximum | 1 | 600 | ₹1,14,000 |
- Strengths
- Risks
- Opportunities
- The Company offers a diversified range of solutions.
- Leverage its capabilities to capture strong industry tailwinds and growth prospects for solar energy.
- In house designing and execution team and established track record.
- Order Book of projects across India.
- Experienced Promoters and senior management team.
- Stable financial performance.
Company Financials
Ganesh Green Bharat Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 87.69 | 85.73 | 8.14 |
| 03-2022 | 89.46 | 106.61 | 5.18 |
| 03-2021 | 66.77 | 84.14 | 7.19 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment in full or in part of certain of its outstanding borrowings
- Funding capital expenditure towards installation of additional plant and machinery at its factory
- Funding to meet working capital requirements
- General corporate purposes
Ganesh Green Bharat Ltd IPO Promoter Holding
| Pre Issue Share Holding | 57.17% |
| Post Issue Share Holding | 41.97% |
Ganesh Green Bharat Ltd IPO Subscription Status (Bidding Detail)
The Ganesh Green Bharat Ltd IPO is subscribed 0 times on 9 July 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Ganesh Green Bharat Ltd IPO Prospectus
Ganesh Green Bharat Ltd IPO Listing Date
| Listing Date | 12 July 2024 |
| BSE Script | 92760 |
| NSE Symbol | GGBL |
| Listing In | NSE - SME |
| ISIN | INE0R8C01018 |
| IPO Price | ₹190 |
| Face Value | ₹10 |
Company Contact Information
F 202 S G Business HubS G Highway,Ahmedabad-382470
Phone: +91 79 2790 3080
Email: cs@ganeshgreen.com
Website: www.ganeshgreen.com
Ganesh Green Bharat Ltd IPO Registrar
Ganesh Green Bharat Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Ganesh Green Bharat Ltd IPO?
I have pre-applied for Ganesh Green Bharat Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.