Ganesh Green Bharat IPO Details
| IPO Size | 125.23 |
| Price Range | ₹181 - ₹190 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 600 |
| Investment (cut-off price) | ₹114,000 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | 73.42% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Ganesh Green Bharat IPO Timelines
05/07/2024
Start Date09/07/2024
End Date11/07/2024
Refund Initiation11/07/2024
Credit of Shares to Demat Ac12/07/2024
Listing DateGanesh Green Bharat IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹114,000 |
| Retail Maximum | 1 | 600 | ₹114,000 |
| S-HNI Minimum | 2 | 1200 | ₹228,000 |
Ganesh Green Bharat IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 154.50 x | 470.79 x | 176.88 x | -- | 229.99 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹361 | ₹379.05 | ₹379.05 | ₹361 |
Ganesh Green Bharat IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| 2022 | ₹106.12 | ₹99.08 | ₹5.21 |
| 2023 | ₹90.60 | ₹79.57 | ₹8.16 |
| 2024 | ₹171.96 | ₹143.60 | ₹21.83 |
About Company
Ganesh Green Bharat Limited is involved in the supply, installation, testing, and commissioning (SITC) of solar and electrical products and services for various government agencies. Initially, the company was involved in electrical contracting and later moved into the renewable energy sector. Since then, it has been providing solar energy solutions, including engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services.
The company’s offerings consist of solar home lighting, solar street lighting, solar power plants (both on-grid and off-grid), solar high masts, and solar pumping systems. The company is also engaged in water supply scheme projects. It handles the design, construction, supply, testing, and commissioning of such projects, which include the construction of piped water supply systems and the installation of polyethylene water storage tanks to deliver drinking water through household tap connections in villages. The company’s subsidiary, Souraj Energy Private Limited, manufactures solar photovoltaic (PV) modules.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Capital Goods | Ketanbhai Patel |
Know Before Investing
Ganesh Green Bharat IPO Strengths
- Diversified solutions in renewable energy, water supply, and electrical contracting.
- Core competency in EPC projects and Solar PV module manufacturing.
- Strong government support with schemes like PLI and Atmanirbhar Bharat.
- Significant growth with revenue from operations reaching ₹ 17,017.02 lakhs.
- Extensive experience in government projects like Saubhagya and KUSUM schemes.
- In-house design team of 10 engineers ensures quality project execution.
- Robust order book with projects worth ₹ 31,397.57 lakhs.
Ganesh Green Bharat IPO Risks
- Rising raw material and labour costs may adversely affect business.
- Project delays could lead to the termination of EPC agreements.
- Heavy reliance on in-house designing and engineering teams.
- Projects awarded through a competitive government bidding process.
- Limited control over fluctuating prices of essential materials.
- Potential delays in project approvals from government authorities.
Swot Analysis for Ganesh Green Bharat IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Ganesh Green Bharat Limited
F-202. S.G. Business Hub
S.G. Highway
Ahmedabad-382470
Phone: +91-79-29703080
Email: [email protected]
Website: https://ganeshgreen.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Ganesh Green Bharat IPO are:
- Repayment in full or in part, of certain of our outstanding borrowings;
- Funding Capital Expenditure towards installation of additional plant and machinery at our factory
- Funding to meet working capital requirements
- General Corporate Purpose.