ganesh green bharat ipo

Ganesh Green Bharat IPO

  • Status: Closed
  • RHP:
  • ₹ 108,600 / 600 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    12 Jul 2024

  • Listing Price

    ₹ 361.00

  • Listing Change

    90.00%

  • Last Traded Price

    ₹ 461.00

IPO Details

  • Open Date

    05 Jul 2024

  • Close Date

    09 Jul 2024

  • IPO Price Range

    ₹ 181 to ₹ 190

  • IPO Size

    ₹ 125.23 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    12 Jul 2024

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Ganesh Green Bharat IPO Subscription Status

Last Updated: 10 July 2024 11:03 AM by 5Paisa

Ganesh Green Bharat Limited, founded in April 2016, is an Electrical Contracting Service firm. The firm provides a variety of services, including the supply, installation, testing, and commissioning (SITC) of solar and electrical items and services to various government agencies.

The firm has completed projects for many government initiatives, including the Saubhagya Scheme, KUSUM Scheme, and Saur Sujla Yojna. In addition, we have undertaken the design, construction, installation, operation, and maintenance of water supply projects such as the Mukhya Mantri Nishchay Quality Affected Yojna and Har Ghar Jal.

Peer Comparison

Solex Energy Limited
Waaree Renewable Technologies Limited
Zodiac Energy Limited

For More Information
Webstory on Ganesh Green Bharat IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY24 FY23 FY22
Revenue from operations 171.96 90.60 106.12
EBITDA 21.83 8.16 5.21
PAT 28.37 11.03 7.04
Particulars (in Rs. Crores) FY24 Y23 FY22
Total Assets 150.30 87.86 88.35
Share Capital 18.21  1.2 1.2
Total Borrowings 53.70 27.39 22.47
Particulars (in Rs. Crores) FY24 FY23 FY22
Net cash generated from / (used in) operating activities 0.17 -2.37 8.46
Net cash from / (used in) investing activities -9.66 -0.33 -1.68
Net cash flow from / (used in) financing activities 9.61 2.63 10.37
Net increase (decrease) in cash and cash equivalents 0.12 -0.08 0.24


Strengths

1. Offer a diversified range of solutions.
2. Capabilities to capture strong industry tailwinds and growth prospects for solar energy.
3. In house designing and execution team and established track record.
4. Order Book of projects across India.
5. Experienced Promoters and senior management team.
6. Stable financial performance.
 

Risks

1. Increase in the prices of raw materials and labor could have an adverse effect on its business.
2. Delays in the completion of current and future projects could lead to termination of EPC agreements.
3. Relies on its in-house designing and engineering team for project execution.
4. Projects are awarded through the competitive bidding process by government authorities/bodies.
 

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FAQs

Ganesh Green Bharat IPO opens from 5th July to 9th July 2024.
 

The size of Ganesh Green Bharat IPO is ₹125.23 Cr.
 

The price band of Ganesh Green Bharat IPO is fixed at ₹181 to ₹190 per share. 
 

To apply for Ganesh Green Bharat IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for Ganesh Green Bharat IPO.
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Ganesh Green Bharat IPO is 600 shares and the investment required is ₹1,14,000.
 

The share allotment date of Ganesh Green Bharat IPO is 10th July 2024
 

The Ganesh Green Bharat IPO will be listed on 12th July 2024.
 

Hem Securities Limited is the book-running lead manager for Ganesh Green Bharat IPO.
 

Ganesh Green Bharat IPO plans to utilize the raised capital from the IPO to:

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.