Ganesh Green Bharat is set to launch an SME IPO worth ₹125.23 crore, open for subscription from July 5 to July 9, 2024. This IPO includes a fresh issue of ₹125.23 crore. Each share has a face value of ₹10, with a price band set between ₹181 and ₹190. Investors can participate with a minimum lot size of 600 shares, totaling an investment of ₹114,000.
The shares are expected to be listed on the NSE SME exchange on July 12, 2024.
Stay connected with us for comprehensive updates on the Ganesh Green Bharat SME IPO, including business insights, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
IPO Details
| Detail | Information |
|---|---|
| Face Value | ₹10 per share |
| Price Band | ₹181 to ₹190 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 6,591,000 shares (aggregating up to ₹125.23 Cr) |
| Fresh Issue | 6,591,000 shares (aggregating up to ₹125.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,210,000 shares |
| Share holding post issue | 24,801,000 shares |
| Market Maker portion | 331,200 shares |
| SME IPO Issue Price | ₹181.00-190.00 Per Share |
| DRHP: | Click Here |
| RHP: | Click Here |
| Retail Quota | Not less than 35% of the Net Issue |
| SME IPO Issue Type | Book Build Issue |
| SME IPO Discount | TBD |
| Promoter Holding Pre IPO | 100% |
| Promoter Holding Post IPO | 73.42% |
IPO Important Dates
| IPO Open Date | Friday, July 5, 2024 |
|---|---|
| IPO Close Date | Tuesday, July 9, 2024 |
| Basis of Allotment | Wednesday, July 10, 2024 |
| Initiation of Refunds | Thursday, July 11, 2024 |
| Credit of Shares to Demat | Thursday, July 11, 2024 |
| Listing Date | Friday, July 12, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 9, 2024 |
IPO Lot Size
| Category | Description | Value |
|---|---|---|
| Application | Retail (Min) | 1 Lot (600 Shares) - ₹114,000 |
| Retail (Max) | 1 Lot (600 Shares) - ₹114,000 | |
| HNI (Min) | 2 Lots (1200 Shares) - ₹228,000 | |
| SME IPO | Issue Price | ₹181.00-190.00 |
| Market Lot | 600 Shares | |
| 1 Lot Amount | ₹114,000 | |
| Min HNI Lots | 1200 Shares (2 Lots) - ₹228,000 |
IPO GMP Today
You can check latest updated GMP data here -
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 15,029.82 | 8,786.05 | 8,835.50 |
| Revenue | 17,196.48 | 9,059.53 | 10,612.10 |
| Profit After Tax | 2,183.02 | 815.57 | 520.75 |
| Net Worth | 5,727.64 | 2,707.34 | 2,707.34 |
| Reserves and Surplus | 3,906.64 | 3,402.91 | 2,587.34 |
| Total Borrowing | 5,370.17 | 2,738.89 | 2,247.06 |
| Amount in ₹ Lakhs |
Allotment Status
The share allotment for Ganesh Green Bharat’s SME IPO, valued at ₹125.23 Cr, will be finalized on July 10, 2024, with the shares expected to list on July 12, 2024.
Applicants for the Ganesh Green Bharat public issue can check their allotment status online on the registrar’s official website.
Visit the Ganesh Green Bharat SME IPO Allotment URL and follow the step-by-step guide to check your allotment status online.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment | 10th Jul 2024 |
| Refunds Initiation | 11th Jul 2024 |
| Credit of Shares to Demat Account | 11th Jul 2024 |
| SME IPO Listing Date | 12th Jul 2024 |
Frequently Asked Questions
- Ganesh Green Bharat SME IPO good or bad?
This IPO has strong positive sentiment due to its alignment with the current market trend of environmental sustainability. This alignment and grey market premium data could lead to a successful public listing and good listing gains. - What is Ganesh Green Bharat SME IPO expected listing gain?
Ganesh Green Bharat SME IPO has a price band with an upper limit of ₹190.00. Market sentiment (GMP) suggests a potential listing price of ₹480.00, representing a significant increase of 152.63% from the upper price band. - Whether to invest in Ganesh Green Bharat SME IPO or not?
Invest for listing gain.
Disclaimer: Investments in IPO are subject to market risks, read all scheme related documents carefully before investing.