GRE Renew Enertech IPO
GRE Renew Enertech IPO is a book built issue of ₹27,06,000 crores. The subscription opens on 13 Jan '26 and closes on 16 Jan '26, with the basis of allotment expected to be finalised on 19 Jan '26. The shares are scheduled to list on BSE with a tentative listing date fixed for 21 Jan '26. The price band is set at ₹100 to ₹105 per share with a minimum lot size of 1,200 shares.
Free Demat with Zero AMC*
GRE Renew Enertech IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 13,53,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 4,05,900 crores |
| Retail Individual Investors (RIIs) | 35% | 9,47,100 crores |
About GRE Renew Enertech Ltd IPO
GRE Renew Enertech Limited is engaged in the business of solar energy solutions and LED lighting products.
They offer rooftop and ground-mounted solar installations, as well as indoor and outdoor LED lighting solutions.
The company, originally a manufacturer of LED lighting solutions, now primarily focuses on solar energy.
Business Model:
- CAPEX Model (EPC) (Engineering, Procurement and Construction): The company follows the CAPEX model, where consumers own and fund solar systems, while EPC services manage engineering, procurement, construction, and commissioning, ensuring complete PV plant delivery and grid connection.
- RESCO Model (Opex): The company uses the RESCO model, where it funds and owns rooftop solar systems, earning annuity income while consumers pay monthly tariffs, though securing low-cost capital remains a key challenge.
Products and services:
- EPC (Engineering, Procurement, and Construction):Turnkey solar solutions from design to commissioning, including operation and maintenance as required.
- Rooftop Systems (On-Grid):Grid-tied solar systems reduce electricity bills by supplying power and feeding excess to the grid.
- Solar Rooftop Systems (Hybrid):Combines solar panels, batteries, and grid access to ensure a continuous, eco-friendly power supply anytime.
- PV Module:High-efficiency, reliable solar modules suitable for various applications with strong performance in all conditions.
GRE Renew Enertech IPO Strengths & Weaknesses
Experience Management Team
Training and Skill development programs to strengthen Operation & Maintenance Team
Existing number
visible order book
and favourable national policy support
24/7 Premium Support System
GRE Renew Enertech IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 27,06,000 shares (aggregating up to ₹2,52,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
GRE Renew Enertech IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of GRE Renew Enertech ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for GRE Renew Enertech IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
GRE Renew Enertech Lead Manager(s)
| Book Running Lead Manager(s) |
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