GRE Renew Enertech IPO
ListedQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
GRE Renew Enertech IPO Details
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Bidding Date
13-Jan-2026 to
16-Jan-2026 -
Issue Size
₹39.56 Cr
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Price Band
₹100 to ₹105
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Allotment date
19-Jan-2026
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Listing date
21-Jan-2026
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Lot size
1200
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No. of shares
37,68,000
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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
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Category
Status
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QIBs
14.7x
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NIIs
18.5x
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Retail
14.1x
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Others
--
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Total
15.4x
FAQs for GRE Renew Enertech IPO.
What is the issue size of GRE Renew Enertech IPO?
The issue size of GRE Renew Enertech is ₹39.56 Cr.
What is the industry of GRE Renew Enertech?
GRE Renew Enertech falls into Power Generation industry.
Where GRE Renew Enertech IPO will be listed?
The GRE Renew Enertech IPO will be listed on NSE.
What are the open and close dates for the GRE Renew Enertech IPO?
The open and close dates for the GRE Renew Enertech are 13-Jan-2026 & 16-Jan-2026.
What are the price band for GRE Renew Enertech IPO?
The price band for the GRE Renew Enertech ipo is ₹100 to ₹105
What is the listing date of GRE Renew Enertech IPO?
The listing date of GRE Renew Enertech IPO is 21-Jan-2026.
What is the purpose for the GRE Renew Enertech IPO?
The purpose of this IPO is to raise fresh capital.
How much times GRE Renew Enertech IPO subscribed?
GRE Renew Enertech total subscription ratio is 15.4X.
What are the key financials for the GRE Renew Enertech IPO?
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 |