| 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  10/- each of GRE Renew Enertech Limited ("GRE or the company or the "Issuer") for cash at a price of 100-105 per equity share including a share premium of 90-95 per equity share (the "Issue Price") aggregating to 37.68-39.56 crores ("The Offer"), comprising a fresh issue of up to 37,68,000 equity shares aggregating up to 37.68-39.56 crores by the company ("Fresh Issue") out of which, 1,92,000 equity shares aggregating to 1.92-2.02 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 10/- each at a price of 100-105 per equity share including a share premium of 90-95 per equity share aggregating to 35.76-37.55 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: 100/-to 105/- per equity share of face value of 10/- each.
The floor price is 10 times of the face value and the cap 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 |
Rs100.00-105.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2400 Further Multiples of :1200 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
| Share India Capital Services Pvt Ltd |
|
| Project Financed through Current Offer |
37.68 |
|
| Post Issue Equity Share Capital |
14.29 |
|
| Issue Price |
Rs100.00 |
|
|