Ganesh Green IPO

Ganesh Green Bharat Ltd

₹1,08,600 /600 sharesMinimum Investment

Ganesh Green IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹190.00₹361.00₹171.00 (90.00%)

Ganesh Green IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
5 Jul ‘24 - 9 Jul ‘24₹1,08,600600₹181 - ₹190
Issue SizeIPO Doc
125.23Cr
RHP PDF

About the company

Ganesh Green Bharat Limited is involved in the supply, installation, testing, and commissioning (SITC) of solar and electrical products and services for various government agencies. Initially, the company was involved in electrical contracting and later moved into the renewable energy sector. Since then, it has been providing solar energy solutions, including engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services. The company’s offerings consist of solar home lighting, solar street lighting, solar power plants (both on-grid and off-grid), solar high masts, and solar pumping systems. The company is also engaged in water supply scheme projects. It handles the design, construction, supply, testing, and commissioning of such projects, which include the construction of piped water supply systems and the installation of polyethylene water storage tanks to deliver drinking water through household tap connections in villages. The company’s subsidiary, Souraj Energy Private Limited, manufactures solar photovoltaic (PV) modules.;
Founded in
2016
Managing director
Mr. Ketanbhai Narsinhbhai Patel
Parent organisation
Ganesh Green Bharat Ltd

Strength and risks

Strengths
Risks
The company has an order book of projects across India. As of March 31, 2024, the order book includes 10 work orders in solar system & allied services valued at Rs 273.28 crore; seven work orders in electrical contracting services valued at Rs 26.45 crore; and one work order in water supply scheme project valued at Rs 14.24 crore.
Ganesh Green Bharat offers a wide range of solutions and is strategically positioned to operate various business verticals under one organisation. The company’s diverse product and service offerings cover renewable energy, water supply, and electrical contracting sectors.
The company’s net profit has risen steadily over the past three years – from Rs 5.21 crore in FY2022 to Rs 8.15 crore in FY2023 to Rs 19.88 crore in FY2024.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular181 - 190₹2 Lakh
High Networth Individual181 - 190₹2 - 5 Lakh
For Ganesh Green IPO, eligible investors can apply as Regular.
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