New Delhi: Another renewable energy company Ganesh Green Bharat Limited is gearing up to roll out Initial Public Offer (IPO) in the Small Medium Enterprises (SME) segment. Recently, we saw a bumper listing of GPES Solar IPO on the exchanges (which was an SME IPO). And now, Gujarat-based Ganesh Green Bharat Limited is all set to open for subscription on Friday, July 05, 2024. No doubt, Ganesh Green Bharat IPO GMP has gained a lot of investor attention in the recent past.
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Ganesh Green Bharat IPO GMP today
Ganesh Green Bharat IPO GMP today was at Rs 205, according to Investor Gain. While Ganesh Green Bharat’s IPO price band has been set at Rs 181-190. The upper limit of the price band and the latest premium of the company’s stock in the grey market signify Ganesh Green Bharat IPO listing gains of 107 per cent on the bourses.
Ganesh Green Bharat IPO subscription status
With such a high premium in the grey market, Ganesh Green Bharat IPO subscription status may subscribed within a few hours of opening. The public issue is entirely a fresh equity issue of 65.91 lakh shares. The renewable energy company aims to raise around Rs 125 crore through the stake sale process.
Ganesh Green Bharat IPO Allotment
The shares of the solar products manufacturing company are expected to be listed on the NSE SME on Wednesday, July 10, 2024. While, the expected Ganesh Green Bharat IPO listing date is Friday, July 12, 2024.
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Ganesh Green Bharat IPO Issue structure
Ganesh Green Bharat IPO retail subscription gets a reservation for 35 per cent of the total IPO size. While Ganesh Green Bharat IPO retail minimum investment is Rs 1.14 lakh. Small investors can bid for a minimum of 600 shares in one lot and in multiples thereof.
About the company
Gujarat-based Ganesh Green Bharat Limited is India’s leading solar panel manufacturer and EPC service provider.
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Ganesh Green Bharat IPO GMP today was reported at Rs 205. Ganesh Green Bharat IPO price band is Rs 181-190. Ganesh Green Bharat IPO Issue Size is around Rs 125 crore. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
