GRE Renew Enertech IPO
GRE Renew Enertech is a BSE SME IPO listed on the BSE SME platform, priced at ₹100–₹105 per share. The stock debuted at ₹96. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,52,000.
GRE Renew Enertech Limited IPO
- IPO Dates
- Jan 13, 2026 – Jan 16, 2026
- Price band
- ₹100-105 per equity share
- Minimum Investment
- ₹2,52,000
- Issue size
- ₹39.56 Cr
- Lot size
- 1200
- Allotment Date
- Jan 19, 2026
- Listing
- Jan 21, 2026
- Listing At
- BSE SME
IPO timeline
-
Jan 13, 2026
Open Date
Completed
-
Jan 16, 2026
Close Date
Completed
-
Jan 19, 2026
Allotment Date
Completed
-
Jan 21, 2026
Listing Date
Completed
GRE Renew Enertech IPO Subscription Details
View Subscription DetailsGRE Renew Enertech IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:GRE Renew Enertech IPO Essentials
GRE Renew Enertech IPO Details
GRE Renew Enertech IPO is priced at ₹100-105 per share with a total issue size of 39.56 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹100-105 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 37,68,000 shares(aggregating up to ₹39.56 Cr)
- Total issue size
- 37,68,000 shares
(aggregating up to ₹39.56 crore) - Fresh issue
- 37,68,000 shares
(aggregating up to ₹39.56 crore) - Listing at
- BSE SME
- List price
- 96.0
- Listing date
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead manager
-
Share India Capital Services Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,52,000 |
| Individual(max) | 2 | 2400 | ₹2,52,000 |
| sHNI(min) | 3 | 3600 | ₹3,78,000 |
| sHNI(max) | 7 | 8400 | ₹8,82,000 |
| sHNI(min) | 8 | 9600 | ₹10,08,000 |
GRE Renew Enertech IPO Reservation
GRE Renew Enertech IPO reservation details show category-wise allocation of shares. Out of the total 3768000 shares, approximately 18.95% are reserved for QIB, 14.33% for NII, 33.44% for retail investors, 5.1% for market maker, and 28.18% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1062000 (28.18%) | |
| Market Maker Shares Offered | 192000 (5.1%) | |
| QIB Shares Offered | 714000 (18.95%) | |
| NII (HNI) Shares Offered | 540000 (14.33%) | |
| bHNI > ₹10L | 360000 (9.39%) | 100 |
| sHNI < ₹10L | 180000 (4.85%) | 50 |
| Individual Shares Offered | 1260000 (33.44%) | 525 |
| Total Shares Offered | 3768000 (100%) |
GRE Renew Enertech IPO Analytics
GRE Renew Enertech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
GRE Renew Enertech IPO Subscription Status
GRE Renew Enertech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 16.61x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 7,14,000 |
5,40,000
3,60,000
1,80,000
|
12,60,000 | 25,14,000 |
|
Day 1
13-01-26 05:00 PM
|
7.04 x |
0.48x
0.49x
0.46x
|
0.32 x | 2.26 x |
|
Day 2
14-01-26 05:00 PM
|
7.04 x |
1.59x
1.75x
1.28x
|
0.81 x | 2.75 x |
|
Day 3
16-01-26 05:00 PM
|
14.69 x |
25.02x
28.53x
18.02x
|
14.10 x | 16.61 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 9315 (Approx) | 10.29x | 17.6x | 14.1x |
GRE Renew Enertech Valuations
Earnings
- EPS Pre IPO
- ₹6.68/-
- EPS Post IPO
- ₹5.60/-
- P/E Pre IPO
- 15.72
- P/E Post IPO
- 18.75
Returns
- ROE
- 26.89%
- ROCE
- 29.60%
- RoNW
- 26.89%
- PAT Margin
- 8.39%
Fundamentals
- Debt / Equity
- 0.05
- Price / Book
- 3.54
- Market Cap
- 150.02 Cr.
GRE Renew Enertech Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 42.77 | 45.46 | 49.12 | 51.65 |
| Revenue | 43.98 | 84.37 | 92.15 | 53.11 |
| Profit After Tax | 4.00 | 7.03 | 9.91 | 0.89 |
| Net Worth | 35.22 | 31.23 | 21.03 | 11.14 |
| Reserves & Surplus | 24.70 | 20.71 | 19.78 | 9.89 |
| Total Borrowing | 1.45 | 1.59 | 4.57 | 4.75 |
GRE Renew Enertech Company & Offer Insights
About GRE Renew Enertech
GRE Renew Enertech Limited is involved in the business of solar energy solutions as well as LED lighting products.
They also engage in rooftop and ground mount solar panel installation, indoor, and outdoor LED lighting solutions.The company, a former LED lighting solutions production entity, is now a solar energy company.
Products & services:
EPC (Engineering, Procurement, and Construction)Solar turn-key solutions, right from design to delivery, including operations and maintenance services as needed.
Rooftop Systems (On-Grid):The grid-connected solar power system minimizes the use of electricity by generating power and exporting the surplus to the grid.
Sunroof Panels(Rooftop Solar Systems(Hybrid)):Integrating solar panels, batteries, and a connection to the power grid to have a seamless, green energy source
PV Module:High-efficiency solar modules that are reliable for multiple applications.
GRE Renew Enertech Promoter(s)
Mr. Kamleshkumar Dahyalal Patel, Mr. Kirtikumar Kantilal Suthar, Mr. Mukeshkumar Prahladbhai Trivedi are the company's promoters of GRE Renew Enertech.
GRE Renew Enertech IPO Issue Objectives
- •
- Setting up of 7.20 MW (AC) / 9.99 MW (DC) Ground Mounted Solar Power Plant
- •
- General Corporate Purposes
Contact Information
Contact Details
GRE Renew Enertech
+91 9974039300
Plot No. 423, G.I.D.C.-II, Dediyasan Mehsana, Gujarat, 384002
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
GRE Renew Enertech IPO is a book-built IPO worth ₹39.56 crore. The price band is ₹100–₹105 per share. The IPO opens on Jan 13, 2026 and closes on Jan 16, 2026. It will be listed on BSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.
The price band of GRE Renew Enertech IPO is ₹100 to ₹105 per share.
The lot size of GRE Renew Enertech IPO is 1200 shares.
The minimum investment for GRE Renew Enertech IPO is approximately ₹2,52,000 based on the upper price band .
GRE Renew Enertech IPO opens on Jan 13, 2026 and closes on Jan 16, 2026.
The allotment date of GRE Renew Enertech IPO is Jan 19, 2026.
GRE Renew Enertech IPO is expected to be listed on Jan 21, 2026, on BSE SME Platform.
GRE Renew Enertech IPO valuation snapshot: P/E 18.75, EPS ₹5.60/-, P/B 3.54, RoNW 26.89%, and market cap 150.02 Cr.
To apply for GRE Renew Enertech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of GRE Renew Enertech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for GRE Renew Enertech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check GRE Renew Enertech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the GRE Renew Enertech IPO allotment status on IPO Ji for quick and easy access.