Ganesh Green Bharat IPO Details ( Ganesh Green Bharat Limited IPO Review )
(5 July 2024 – 9 July 2024)
Founded in April 2016, Ganesh Green Bharat Limited specializes in electrical contracting services. We provide comprehensive solutions, including supply, installation, testing, and commissioning (SITC) of solar and electrical systems for various government bodies.
Key Services:
- Solar System SITC
- Electrical Goods and Services SITC
- Water Supply Project Design, Installation, Operation, and Maintenance
Completed Government Projects:
- Saubhagya Scheme
- KUSUM Scheme
- Saur Sujla Yojna
- Mukhya Mantri Nishchay Quality Affected Yojna
- Har Ghar Jal (Jal Jeevan Mission)
Current Projects (as of March 31, 2024):
- 10 Solar System & Allied Services projects
- 7 Electrical Contracting Services projects
- 1 Water Supply Scheme project
Our Team: We have a dedicated team of 10 engineers, backed by third-party consultants and industry experts, ensuring all projects meet industry and government standards.
Clients: We work with government departments across eight states, including:
- Gujarat Industrial Development Corporation (GIDC)
- Ahmedabad Municipal Corporation (AMC)
- Rajasthan Renewable Energy Corporation Limited (RRECL)
Private Sector: We also supply Solar PV modules to private sector organizations.
Workforce: As of March 31, 2024, Ganesh Green Bharat Limited employs around 39 staff and contract workers at our project sites.
For reliable and professional electrical contracting services, trust Ganesh Green Bharat Limited.
Ganesh Green Bharat Limited IPO Competitive Strength
- We offer a diversified range of solutions
- In house designing and execution team and established track record
- Order Book of projects across India.
- Experienced Promoters and senior management team
- Stable financial performance
Ganesh Green Bharat IPO Financials Performance ( Results )
Ganesh Green Bharat Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-22 | 8,835.50 | 10,612.10 | 520.75 | 2,707.34 | 2,587.34 | 2,247.06 |
| 31-Mar-23 | 8,786.05 | 9,059.53 | 815.57 | 2,707.34 | 3,402.91 | 2,738.89 |
| 31-Mar-24 | 15,029.82 | 17,196.48 | 2,183.02 | 5,727.64 | 3,906.64 | 5,370.17 |
Objective of Ganesh Green Bharat IPO Issue
- Repayment in full or in part, of certain of the outstanding borrowings;
- Funding Capital Expenditure towards installation of additional plant and machinery at the factory
- Funding to meet working capital requirements
- General Corporate Purpose.
Ganesh Green Bharat IPO Basic Details
| IPO Date | July 5, 2024 to July 9, 2024 |
| Listing Date | Friday, July 12, 2024 |
| Face Value | ₹10 per share |
| Price | ₹181 to ₹190 per share |
| Lot Size | 600 shares |
| 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 |
| Share holding post issue | 24,801,000 |
Ganesh Green Bharat IPO Reservation
| QIB Shares Offered | 50.00% of the Net Issue |
| NII (HNI) Shares Offered | 15.00% of the Net Issue |
| Retail Shares Offered | 35.00% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Ganesh Green IPO Timetable
Ganesh Green IPO will open on July 5, 2024 and close on July 9, 2024. You can join Ganesh Green IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 5 July 2024 (Friday) |
| Closing Date | 9 July 2024 (Tuesday) |
| Basis of Allotment | 10 July 2024 (Wednesday) |
| Initiation of Refunds | 11 July 2024 (Thursday) |
| Credit of Shares to Demat | 11 July 2024 (Thursday) |
| Listing Date | 12 July 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 9 July 2024 |
Ganesh Green Bharat IPO Lot Size
For retail investors in Ganesh Green Bharat IPO, 600 shares will come in 1 lot or the minimum investment will be ₹114,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹114,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 600 | ₹114,000 |
| Retail (Max) | 1 | 600 | ₹114,000 |
| S-HNI (Min) | 2 | 1200 | ₹228,000 |
Ganesh Green Bharat IPO Promoter Holding
The company’s promoters include Ketanbhai Narsinhbhai Patel, Rajendrakumar Narsinhbhai Patel, Niravkumar Sureshbhai Patel and Shilpaben Ketanbhai Patel.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.42% |
Ganesh Green Bharat Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 509.22 |
| Earning Per Share (EPS) | ₹10.92 per Equity Share |
| Net Asset Value (NAV) | ₹31.46 per Equity Share |
| P/E Ratio (P/E) (x) | 15.85 |
| Post P/E Ratio (P/E) (x) | 23.33 |
| Return on Net Worth (RoNW) (%) | 34.72 |
| Return on equity (ROE) (%) | 46.42 |
| Return on Capital Employed (ROCE) (%) | 29.98 |
| Debt/Equity Ratio | 0.94 |
| Price/Book Value Ratio | 0 |
Ganesh Green Bharat IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹200 | – | – |
| 4 July 2024 | ₹205 | – | – |
Ganesh Green Bharat IPO Detail Video:
link
Ganesh Green Bharat IPO Subscription Status (Bidding Detail)
The Ganesh Green Bharat IPO on July 5, 2024 at 10:00:00 AM was subscribed 00.00 times, with the retail category being subscribed 00.00 times, the NII (Non-Institutional Investor) category being subscribed 00.00 times, QIB (Qualified-Institutional Buyers) category being subscribed 00.00 times.
| Category | Subscription |
| QIB | 0.00x |
| NII | 0.00x |
| Retail | 0.00x |
| Total | 0.00x |
Ganesh Green Bharat IPO Prospectus
| Ganesh Green Bharat IPO DRHP | Download |
| Ganesh Green Bharat IPO RHP | Download |
| Ganesh Green Bharat IPO Anchor Investors Details PDF | Download |
Ganesh Green Bharat IPO Rating
| Our Rating | 4.0/5.0 |
Ganesh Green Bharat Company Contact Information
Ganesh Green Bharat Limited
Registered Office: F – 202. S.G. Business Hub, S.G. Highway, Ahmedabad- 382470 Gujarat, India.
Contact Person: Palakben Mahesh Joshi, Company Secretary & Compliance Officer
Tel No: +91-79-29703080
E-mail: cs@ganeshgreen.com
Website: www.ganeshgreen.com
Promoters of our Company: Ketanbhai Narsinhbhai Patel, Rajendrakumar Narsinhbhai Patel, Niravkumar Sureshbhai Patel and Shilpaben Ketanbhai Patel
Ganesh Green Bharat IPO Registrar
KFin Technologies Limited
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Toll Free No.: 1800 309 4001
Email: ggbl.ipo@kfintech.com
Contact Person: M Murali Krishna
Website: www.kfintech.com
SEBI Registration Number: INR000000221
Ganesh Green Bharat IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Roshni Lahoti
SEBI Regn. No. INM000010981
Ganesh Green Bharat IPO FAQs
What is the lot size of Ganesh Green Bharat IPO?
The total size of Ganesh Green Bharat IPO is ₹125.23 crores and this is a complete fresh Issue.
When will Ganesh Green Bharat IPO start?
Ganesh Green Bharat IPO will open from 5 July 2024 and IPO will close on 9 July 2024.
What is the open date of Ganesh Green Bharat IPO?
Ganesh Green Bharat IPO will open date from 5 July 2024.
What is the last date ( close date ) of Ganesh Green Bharat IPO?
Ganesh Green Bharat IPO will close from 9 July 2024.
What is the price band of Ganesh Green Bharat IPO?
Ganesh Green Bharat IPO price band is ₹181 to ₹190. ( Upper Price Band: ₹190, Lower Price Band: ₹181 )
What is the minimum amount required to apply for Ganesh Green Bharat IPO?
The minimum investment for retailers to apply for Ganesh Green Bharat IPO is ₹114,000 and the maximum investment is ₹114,000.
What is going on gray market premium of Ganesh Green Bharat IPO?
View gray market premium of Ganesh Green Bharat IPO by Clicking Here
How much is the GMP of Ganesh Green Bharat IPO?
Watch Ganesh Green Bharat IPO GMP Today: Click Here
What is the allotment date of Ganesh Green Bharat IPO?
The allotment date of Ganesh Green Bharat IPO is 10 July 2024.
How to check allotment status in Ganesh Green Bharat IPO?
To check the allotment status of Ganesh Green Bharat IPO, first of all go to the registrar website by clicking here, select your bad Ganesh Green Bharat IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Ganesh Green Bharat IPO?
The listing date of Ganesh Green Bharat IPO is 12 July 2024.
How much will be the listing gain in Ganesh Green Bharat IPO?
View listing gain of Ganesh Green Bharat IPO by Clicking Here
How much time Ganesh Green Bharat IPO is subscribed?
Total times subscribed in Ganesh Green Bharat IPO out of which times subscription was done in retail quota, times subscription in NII quota and times subscription in QIB quota.
How to apply for Ganesh Green Bharat IPO from Upstox?
Click Here to see how to apply for Ganesh Green Bharat IPO from Upstox. (step by step)
How to apply for Ganesh Green Bharat IPO from Zerodha?
Click Here to see how to apply for Ganesh Green Bharat IPO from Zerodha. (step by step)
How to apply for Ganesh Green Bharat IPO from Angle One?
Click Here to see how to apply for Ganesh Green Bharat IPO from Angle One. (step by step)
