Ganesh Green Bharat IPO Subscription Status, Rate

Ganesh Green Bharat IPO
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Ganesh Green Bharat IPO Subscription Status: Ganesh Green Bharat IPO is Open on 5 July, 2024 and Close on 9 July, 2024. Ganesh Green Bharat IPO to Raise 65,91,000 shares (Approx ₹125.23 Cr) via IPO. The Fresh Issue of 65,91,000 shares (Approx ₹125.23 Cr).

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%

Ganesh Green Bharat IPO is an SME IPO and Listed on NSE SME. Ganesh Green Bharat IPO Price Band is Fixed at ₹190 Equity Share. Ganesh Green Bharat IPO Lot Size is 600 Shares.

About Ganesh Green Bharat IPO :

  • Ganesh Green Bharat started as a partnership firm in the year 2016 with focus on Electrical contracting services. Later in the year 2017 we stepped into the renewable energy sector where we expanded our operations as an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services and operations and maintenance (“O&M”) services for solar home light, solar street light, solar power plants (On Grid and off Grid), Solar Highmast, Solar Pumping System etc.
  • we attained the status of Channel Partner of Ministry of New and Renewable Energy (MNRE) and in the year 2018 we completed a substantial project involving 16,486 SPV home lighting system in Rajasthan through Rajasthan Renewable Energy Corporation Limited (RRECL).
  • Our Subsidiary, Souraj Energy Private Limited (Souraj) is involved into manufacturing of solar photo-voltaic (“PV”) modules with installed capacity of 192.72 MW. SPV modules manufactured in Souraj are made using quality components and advanced technologies that comply with industry standards.

Ganesh Green Bharat IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Qualified Buyers (QIBs) 12,38,400 19,13,33,400 154.50
Non Institutional Buyers (NIIs) 9,29,400 43,72,23,000 470.44
Retail Individual Buyers (RIIs) 21,68,400 38,35,37,400 176.88
Anchor Investor 18,57,600 18,57,600 1
Market Maker 3,31,200 3,31,200 1
Total 44,02,200 1,01,21,49,000 229.92

Ganesh Green Bharat Subscription Status day-by-day-

Categories 5 July 8 July 9 July
QIB 5.79 12.03 154.50
NII 8.56 29.15 470.44
RII 18.86 54.94 176.88
Total 12.73 36.60 229.92

Ganesh Green Bharat Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

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