GRE Renew Enertech IPO opens for subscription from January 13 to 16, 2026, with shares listing on BSE SME on January 21, 2026. The fresh issue raises ₹39.56 crore through 37.68 lakh equity shares priced at ₹100 to ₹105 per share. GRE Renew Enertech specializes in rooftop and ground-mounted solar installations alongside indoor/outdoor LED lighting solutions, transitioning from traditional lighting manufacturing to renewable energy focus. The GRE Renew Enertech IPO offers exposure to India’s accelerating solar adoption and green energy transition.
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Expert Opinions
Market sentiment for GRE Renew Enertech IPO appears constructive among renewable energy enthusiasts, buoyed by India’s aggressive solar targets and green infrastructure push. Company strengths encompass diversified solar EPC capabilities, established LED manufacturing base, and strategic pivot toward rooftop installations serving residential-commercial segments. Risks include execution delays in project commissioning, subsidy dependency, intense competition from EPC giants, and working capital intensity in solar deployments.
Valuation analysis for GRE Renew Enertech IPO and year 2025 reveals a Return on Equity (ROE) of 26.89%, ROCE of 29.60%, and Net Asset Value (NAV) of ₹29.68, indicating solid capital efficiency within reasonable SME multiples. Long-term investment perspective favors sustained growth from 500 GW renewable mandate, residential solar subsidies, and energy transition tailwinds, positioning the IPO attractively for portfolios seeking green infrastructure exposure beyond short-term listing dynamics.
Investor Considerations
GRE Renew Enertech IPO investors should review the company’s solid fundamentals, featuring consistent revenue growth from solar EPC projects and LED lighting alongside negligible debt levels. The renewable energy sector outlook accelerates with India’s 500 GW non-fossil target and rooftop solar subsidies driving residential adoption.
Valuation analysis for GRE Renew Enertech IPO in 2025 indicates Price to Book Value of 3.54, PAT Margin of 8.39%, and Debt/Equity ratio of 0.05, reflecting attractive capital structure and profitability. Growth opportunities arise from expanded solar installations and green energy demand amid infrastructure spending. Risks encompass project execution delays, policy changes, and competition from established EPC players. Long-term investment goals capture energy transition benefits, while short-term pursuits face SME listing volatility.
FAQs
GRE Renew Enertech IPO Current GMP is ₹6.
GRE Renew Enertech IPO Expected Returns is 5.71%.
GRE Renew Enertech IPO estimated listing price is ₹111.