:::LALKAR GROUP::::

GRE Renew Enertech Ltd

Registered Office: Plot No.423 GIDC II,Dediyasan, Mehsana - 384002, Gujarat, India.
Phone : 77779 83683 Fax:
Email : cs@greindia.com
Website : https://greindia.com

Initial public issue of up to 37,68,000 equity shares of face value of Rs. 10/- each of GRE Renew Enertech Limited ("GRE or the company or the "Issuer") for cash at a price of Rs.105 per equity share including a share premium of Rs.95 per equity share (the "Issue Price") aggregating to Rs.39.56 crores ("The Offer"), comprising a fresh issue of up to 37,68,000 equity shares aggregating up to Rs. 39.56 crores by the company ("Fresh Issue") out of which, 1,92,000 equity shares aggregating to Rs. 2.02 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e., net offer of up to 35,76,000 equity shares of face value of Rs. 10/- each at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 37.55 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 26.37% and 25.02%, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs.105 per equity share of face value Rs. 10/- each. The floor price is 10.5 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
13-Jan-26	16-Jan-26	105.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2400 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	35.23	Share India Capital Services Pvt Ltd
Project Financed through Current Offer	39.56
Post Issue Equity Share Capital	14.29
Issue Price	105.00

Projects

Setting up of 7.20 MW (AC) / 9.99 MW (DC) Ground Mounted Solar Power Plant

General corporate purposes

Promoted By

Kamleshkumar Dahyalal Patel

Kirtikumar Kantilal Suthar

Mukeshkumar Prahladbhai Trived

Listing At

BSE - SME

Registrar to the Issue

No Data Available