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GRE Renew Enertech IPO

₹100 – ₹100 · Issue Size ₹40 Cr

IPO Overview

StatusClosed
Price Band₹100 – ₹100
Issue Size₹40 Cr
Lot Size2400 shares
Min Investment₹2,52,000
Face Value₹10
Issue Structure
Fresh Issue₹40 Cr
Offer for Sale
Total Size₹40 Cr

Business Model

130 Key Industry Regulations and Policies 158 History and Certain Corporate Matters 168

Competitive Advantages
  • Experience Management Team:
  • We have an experienced management team led by our Promoters, Mr. Kamleshkumar Dahyalal Patel, Mr
  • Kirtikumar Kantilal Suthar and Mr Mukeshkumar Prahladbhai Trivedi each of whom has work experience in

IPO Timeline

Open Date13 Jan 2026
Close Date16 Jan 2026
Allotment19 Jan 2026
Refund20 Jan 2026
Credit to Demat20 Jan 2026
Listing Date21 Jan 2026

Strengths & Weaknesses

Strengths

  • Experience Management Team:
  • We have an experienced management team led by our Promoters, Mr. Kamleshkumar Dahyalal Patel, Mr
  • Kirtikumar Kantilal Suthar and Mr Mukeshkumar Prahladbhai Trivedi each of whom has work experience in

Management & Promoters

K
Kantilal SutharWhole time Director
D
Dahyalal PatelManaging Director
K
Kamleshkumar Dahyalal PatelManaging Director
K
Kirtikumar Kantilal SutharManaging Director
M
Mukeshkumar Prahladbhai TrivediManaging Director
M
Mukeshkumar PrahladbhaiDirector
H
Hasmukh PatelDirector

Shareholding Pattern

Pre-IPO
Category%
Promoters87%

Peer Comparison

CompanyP/EEPS
GRE Renew Enertech IPO
ANCHOR INVESTOR BIDDING DATE: Monday January12.0x
ISSUE OPENS ON: Tuesday January ISSUE CLOSES ON: Friday Janu13.0x
Dated: January3.0x
Please read Section and26.0x

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
September 2025₹11.14 Cr₹53.11 Cr₹1.25 Cr
March 2025₹43.98 Cr₹4 Cr₹35.22 Cr
2024₹84.37 Cr₹7.03 Cr₹31.23 Cr
2023₹92.15 Cr₹9.91 Cr₹21.03 Cr
2025₹53.11 Cr₹0.89 Cr₹11.14 Cr

About

Since its incorporation in 2006, GRE Renew Enertech Limited has been engaged in offering rooftop and ground-mounted solar solutions to industrial and commercial customers. Its business is divided into 2 segments, which are Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX segment, the firm provides Engineering, Procurement, construction, and operation of solar projects. Under the RESCO model, the company signs an agreement with rooftop owners to install an

ExchangeNSE
Issue Typesme
Face Value10 per share

Documents

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