GRE Renew Enertech IPO

Listed Listed stocks

IPO Rating

5 star

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

GRE Renew Enertech IPO Details

  • Bidding Date

    13-Jan-2026 to
    16-Jan-2026

  • Issue Size

    ₹39.56 Cr

  • Price Band

    ₹100 to ₹105

  • Allotment date

    19-Jan-2026

  • Listing date

    21-Jan-2026

  • Lot size

    1200

  • No. of shares

    37,68,000

  • Fresh issue/OFS

    ₹39.56 Cr /--

About GRE Renew Enertech Company

GRE Renew Enertech Limited, established in 2008 as a private limited company in Mehsana, Gujarat, India, with a corporate presence in Ahmedabad, specializes in renewable energy solutions, particularly solar power systems. Over the past 18 years, the company has evolved from LED lighting manufacturing and basic EPC services to advanced solar EPC expertise, expanding into comprehensive solar park development, industrial captive plants, and tracker-based projects through investments in technology and nationwide operations. Its core business focuses on end-to-end solar EPC, encompassing rooftop and ground-mounted installations, O&M services, and smart automation for optimal energy yield. Primary segments include captive solar power plants, utility-scale solar parks, and sales models to DISCOMs or third parties, with key expertise in solar tracking systems, AI-based monitoring, and data analytics for efficiency. Unique strengths lie in innovative tracker technology, predictive maintenance, and customized solutions ensuring high reliability and sustainability, serving industries like manufacturing, textiles, food processing, and infrastructure, as well as investors and government bodies. The company adopts a client-centric operational philosophy emphasizing engineering excellence, transparency, long-term partnerships, and robust project management to overcome challenges like energy security and carbon reduction goals.

Subscription Status

  • Category

    Status

  • QIBs

    14.7x

  • NIIs

    18.5x

  • Retail

    14.1x

  • Others

    --

  • Total

    15.4x

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FAQs for GRE Renew Enertech IPO.

The issue size of GRE Renew Enertech is ₹39.56 Cr.

GRE Renew Enertech falls into Power Generation industry.

The GRE Renew Enertech IPO will be listed on NSE.

The open and close dates for the GRE Renew Enertech are 13-Jan-2026 & 16-Jan-2026.

The price band for the GRE Renew Enertech ipo is ₹100 to ₹105

The listing date of GRE Renew Enertech IPO is 21-Jan-2026.

The purpose of this IPO is to raise fresh capital.

GRE Renew Enertech total subscription ratio is 15.4X.

Key financial of the GRE Renew Enertech are:


GRE Renew Enertech FY-25 FY-24 FY-23
Revenue (₹ Cr) 83.72 90.34 52.22
EBIT (₹ Cr) 9.13 11.21 1
Proft after Tax (₹ Cr) 7.03 9.91 0.89
Debt (₹ Cr) 1.59 4.57 4.75
Net Worth (₹ Cr) 31.23 21.03 11.14
RoE (%) 22.5 47.09 8.02