Let’s discuss about Ganesh Green Bharat IPO so, Ganesh Green Bharat Limited head quartered in Ahmedabad, Gujarat & Founded by The Visionary Mr. Ketan patel(1998) as a proprietary concern and now listed organization is driven with the Mission of Empowering Rural, Agricultural clients.
We are a technology driven power house, providing turnkey solutions in the field of supply, installation and commissioning in Solar, Waste water treatment plants (Flush & Lift stations) Drinking Water Supply systems as well broadcasting to various government bodies along with industries.
Ganesh Green Bharat dealing in
Solar Energy Projects: Installation of solar farm on utility scale & roof-top scales.
Wind Energy :Installation & Maintenance of Hotspot Wind Farms
Hybrid Energy Solutions: Combining solar and wind energy projects to get most out of efficiency with reliability.
Energy storage: Investment in improved energy storage technologies to mitigate the issue of RE generation intermittency
Vision and Mission
As a part of the whole clean energy movement in India, Ganesh Green Bharat is on its way to being one of the leading faces working hard at increasing India’s renewable power capacity. ISolveEnergie aims to solve this problem and plant the first step towards sustainable, clean, low-cost energy solutions which will lead next of Carbon-Proof age and Economic Development.
Ganesh Green Bharat IPO Details
Ganesh Green Bharat IPO opens on July 5, 2024, and closes on July 9, 2024.
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 |
Lot Size of Ganesh Green Bharat IPO
For Ganesh Green Bharat IPO, investors can bid for a minimum of 600 shares and in multiples of 600 shares. Retail Investors High Net Worth Individuals (HNIs)Investment Name Maximum Number of Shares Minimum number of shares Amount – Rs. Maximum Investment Amount No.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 600 | ₹114,000 |
Retail (Max) | 1 | 600 | ₹114,000 |
HNI (Min) | 2 | 1,200 | ₹228,000 |
Promoter Holding of Ganesh Green Bharat IPO
The promoters of the company are
Ketanbhai Narsinhbhai Patel
Rajendrakumar Narsinhbhai Patel
Niravkumar Sureshbhai Patel
Shilpaben Ketanbhai Patel
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 73.42% |
Risks and Challenges of Ganesh Green Bharat
Ganesh Green Bharat presents an exciting investment option and as always with investments there are potential risks & challenges.
Regulatory Risks
In many instances, government policies and regulatory frameworks differ amongst countries or regions – meaning changes to these really do impact the profitability (and feasibility) of renewable energy projects. Monitoring policy framework developments is important for investors.
Technological Risks
The renewable energy space is fast-paced with new technological advancements developing constantly and the company must adapt accordingly to be a winner in this competitive field. Anything less, and it might not be doing itself justice in the marketplace.
Financial Risks
Although proceeds from the IPO will be used to deleverage, BIF still has high leverage due in part to cost overruns or execution delays on projects that would expose it materially financially.
Market Risks
Prices for renewable energy components, e.g., solar panels and wind turbines, fluctuate which can impact project costs and profitability. More competition from other forms of energy can also effect on market share.
Investment Considerations
Ganesh Green Bharat IPO might seem like an interesting investment for prospective investors who want a piece of India’s expanding renewable energy market. Things to think about…
Growth Potential
Further, with a robust project pipeline and strategic focus on integrated solutions across the industry players is likely to aid it for maintaining growth trajectory.
Valuation
IPO Price Band is indicating a valuation, which needs to be deep dived with the understanding of its financials and prospects. ValuationInvestors should use peer comparison to determine the attractiveness of its valuation.
Long-Term Prospects
A Long Term Bet on RenewablesGanesh Green Bharat: A Comp[etitive Pure-Play Renewable Energy Company in Making If you are a long-term investor and can take some sector-specific risk, then this IPO might interest you.
Diversification
By adding Ganesh Green Bharat to their investment portfolio investors can get themselves diversified with an opportunity of increasing there exposure in the renewable energy sector.
Conclusion
Ganesh Green Bharat IPO Will Investors Bid in Renewable Energy Sector, Know everything about this happening on Indian renewables landscape With a strong track record of financial performance, an extensive project pipeline and strategic focus on the move towards integrated energy solutions. But potential investors are advised to weigh the risks and do their due diligence course before they take an investment decision. Ganesh Green Bharat has given promise to make a sustainable future and cleaner India that can grab attention of Investors worldwide as Economy rises.
How to Apply for Ganesh Green bharat IPO by using Zerodha?
UPI Payment is available for Zerodha customers to apply Ganesh Green bharat IPO online. Zerodha Customers can apply in Ganesh Green Bharat IPO by login into Zerodha Console (back office) and submitting an IPO Application form.
Apply in Ganesh Green Bharat IPO with Zerodha
Go to Zerodha site — Console Login
Navigate to Portfolio >> IPOs
Click on the ‘Bid’ button in Ganesh Green Bharat IPO row.
Provide your UPI ID, Quantity & Price.
Submit IPO application form. Submit
Select the ‘net banking’ or BHIM within UPI App to approve of the mandate.
About Ganesh Green bharat IPO
Ganesh Green Bharat IPO is a SME IPO of 6591000 equity shares of the face value of ₹10 aggregating up to ₹125.23 Crores. The problem is priced at ₹181-190 a share. The minimum order quantity is 600-shares.
IPO Starts: July 5,2024 IPO Ends:July 9,2024
For the IPO, Kfin Technologies Limited is sensible as registrar. This NSE SME will list the shares that should be listed.
How to Apply for Ganesh Green bharat IPO ?
ASBA online IPO application is available in the net banking of your bank account. UPI IPO application is given by the brokers who do not provide banking services. Key Take aways KIIs are also called ‘discount’ on the market price of an IPO Investors can apply through Zerodha, Upstox, 5PaisaICICI Bank,HDFC Bank and SBI BanksApply for IPO Online Details