Contents
- 1 Table of Contents
- 2 Ganesh Green Bharat IPO Details
- 3 Ganesh Green Bharat IPO Date
- 4 Lot Size
- 5 Ganesh Green Bharat IPO GMP (Grey Market Premium)
- 6 Ganesh Green Bharat IPO Subscription Status
- 7 Ganesh Green Bharat IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 Ganesh Green Bharat Limited Financial Report
- 12 KPI Of Ganesh Green Bharat Limited
- 13 Peer Group
- 14 Ganesh Green Bharat Limited IPO Registrar
- 15 Ganesh Green Bharat Limited IPO Lead Manager
- 16 Ganesh Green Bharat Limited Contact
- 17 Ganesh Green Bharat Limited IPO Application Form PDF
- 18 FAQs
Ganesh Green Bharat IPO: Ganesh Green Bharat Limited IPO is open for subscription on July 5, 2024 and closes on July 9, 2024. The allotment for the IPO is expected on July 10, 2024. Ganesh Green Bharat IPO will be listed on NSE SME with a listing date fixed as July 12, 2024.
The Ganesh Green Bharat IPO is a book-built issue totalling Rs 125.23 crores. This offering consists solely of 65.91 lakh newly issued shares.
Source from Ganesh Green Bharat IPO DRHP
![Ganesh Green Bharat IPO Details, Date, Allotment](https://i0.wp.com/ipogmptoday.in/wp-content/uploads/2024/07/Ganesh-Green-Bharat-IPO-Details-Date-Allotment.webp?resize=1024%2C566&ssl=1)
Table of Contents
Ganesh Green Bharat IPO Details
Open Date | July 5, 2024 |
Close Date | July 9, 2024 |
Listing Date | July 12, 2024 |
IPO Size | A total of Rs 125.23 crores and 65.91 lakh shares |
Fresh Issue | 65.91 lakh shares |
Face Value | ₹10 per share |
IPO Price Band | ₹181 to ₹190 per share |
IPO Listing on | NSE SME |
Lot Size | 600 Shares |
OFS | N.A |
Share Offered to Retail | 35% |
Share Offered to QBI | 50% |
Share Offered to HNI | 15% |
Ganesh Green Bharat IPO Date
- IPO Open Date: July 5, 2024
- IPO Close Date: July 9, 2024
- Allotment: July 10, 2024
- Refunds: July 11, 2024
- Shares Credit to Demat: July 11, 2024
- Listing Date: July 12, 2024
Lot Size
Application Type | Lots | Shares | Amount (₹) |
---|---|---|---|
Retail (Min) | 1 | 600 | ₹114,000 |
Retail (Max) | 1 | 600 | ₹114,000 |
HNI (Min) | 2 | 1200 | ₹228,000 |
Ganesh Green Bharat IPO GMP (Grey Market Premium)
If you want to know Ganesh Green Bharat IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Ganesh Green Bharat IPO Subscription Status
Ganesh Green Bharat IPO subscription starts on July 5, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Ganesh Green Bharat IPO Allotment Status
To check Ganesh Green Bharat IPO allotment status go to the IPO registrar website ”KFin Technologies Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Established in April 2016, Ganesh Green Bharat Limited specializes in Electrical Contracting Services. We provide supply, installation, testing, and commissioning of solar and electrical products. Our projects span government initiatives like Saubhagya, KUSUM, and Saur Sujla Yojna. We also undertake water supply projects including Mukhya Mantri Nishchay Quality Affected Yojna and Har Ghar Jal.
As of March 31, 2024, Order Booklists:
- 10 work orders for Solar System & Allied Services
- 7 work orders for Electrical contracting
- 1 work order for Water Supply Scheme Projects
The company’s dedicated team of 10 engineers, along with expert consultants, ensures adherence to industry and government standards. Clients include state government bodies such as Gujarat Industrial Development Corporation (GIDC), Ahmedabad Municipal Corporation (AMC), Rajasthan Renewable Energy Corporation Limited (RRECL), and others. Additionally, we supply Solar PV modules to private-sector organizations.
Objects of the Issue
- Repayment in full or in part, of certain of our outstanding borrowings;
- Funding Capital Expenditure towards installation of additional plant and machinery at our factory
- Funding to meet working capital requirements
- General Corporate Purpose.
Promoters Holding
Ketanbhai Narsinhbhai Patel, Rajendrakumar Narsinhbhai Patel, Niravkumar Sureshbhai Patel, and Shilpaben Ketanbhai Patel are the promoters of the company, holding 100% of the shares before the issue.
Ganesh Green Bharat Limited Financial Report
Here is the unique restated consolidated financial information for Ganesh Green Bharat Limited:
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|
Assets (₹ Lakhs) | ₹15,029.82 | ₹8,786.05 | ₹8,835.50 |
Revenue (₹ Lakhs) | ₹17,196.48 | ₹9,059.53 | ₹10,612.10 |
Profit After Tax (PAT) (₹ Lakhs) | ₹2,183.02 | ₹815.57 | ₹520.75 |
Net Worth (₹ Lakhs) | ₹5,727.64 | ₹2,707.34 | ₹2,707.34 |
Total Borrowing (₹ Lakhs) | ₹5,370.17 | ₹2,738.89 | ₹2,247.06 |
Key points:
- Ganesh Green Bharat Limited’s assets grew significantly from ₹ 8,786.05 Lakhs in 2023 to ₹ 15,029.82 Lakhs in 2024.
- Revenue surged from ₹ 9,059.53 Lakhs in 2023 to ₹ 17,196.48 Lakhs in 2024, marking an 89.82% increase.
- Profit after tax (PAT) rose from ₹ 815.57 Lakhs in 2023 to ₹ 2,183.02 Lakhs in 2024, reflecting a 167.67% increase.
- Net worth also showed substantial growth, reaching ₹ 5,727.64 Lakhs in 2024.
- Reserves and surplus increased to ₹ 3,906.64 Lakhs in 2024 from ₹ 3,402.91 Lakhs in 2023.
- Total borrowing increased to ₹ 5,370.17 Lakhs in 2024 compared to ₹ 2,738.89 Lakhs in 2023.
KPI Of Ganesh Green Bharat Limited
Here’s the unique table summarizing the key financial performance of Ganesh Green Bharat Limited for the fiscal years:
Financial Year Ending | FY 2023-24 | FY 2022-23 | FY 2021-22 |
---|---|---|---|
Revenue from Operations (₹ Lakhs) | 17,017.02 | 9,019.91 | 10,553.67 |
EBITDA (₹ Lakhs) | 3,462.14 | 1,368.98 | 859.18 |
EBITDA Margin (%) | 20.35% | 15.18% | 8.14% |
Profit After Tax (PAT) (₹ Lakhs) | 1,988.50 | 815.57 | 520.75 |
PAT Margin (%) | 11.69% | 9.04% | 4.93% |
Net Worth (₹ Lakhs) | 5,727.64 | 3,522.91 | 2,707.34 |
Return on Equity (RoE) (%) | 46.42% | 26.18% | 21.28% |
Return on Capital Employed (RoCE) (%) | 29.98% | 21.70% | 18.83% |
Key observations:
- Revenue from operations grew significantly, reaching ₹ 17,017.02 Lakhs in FY 2023-24.
- EBITDA also saw robust growth, with an EBITDA margin expanding to 20.35%.
- Profit After Tax (PAT) increased notably to ₹ 1,988.50 Lakhs, with a PAT margin of 11.69%.
- Net Worth showed substantial improvement, increasing to ₹ 5,727.64 Lakhs.
- Return on Equity (RoE) and Return on Capital Employed (RoCE) demonstrated strong performance, reflecting efficient utilization of capital and profitability.
Peer Group
- VA Tech Wabag Limited
- EMS Limited
Ganesh Green Bharat Limited 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
Ganesh Green Bharat Limited IPO Lead Manager
HEM SECURITIES LIMITED
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
Ganesh Green Bharat Limited Contact
Ganesh Green Bharat Limited
F-202. S.G. Business Hub
S.G. Highway
Ahmedabad-382470
Phone: +91-79-29703080
Email: cs@ganeshgreen.com
Website: https://ganeshgreen.com/
Ganesh Green Bharat Limited IPO Application Form PDF
To download the Ganesh Green Bharat Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
What is the opening date for Ganesh Green Bharat Limited’s IPO?
The IPO opens for subscription on July 5, 2024.
When does the Ganesh Green Bharat Limited IPO close?
The IPO closes on July 9, 2024.
What is the listing date for Ganesh Green Bharat Limited’s IPO?
Ganesh Green Bharat IPO is scheduled to be listed on NSE SME on July 12, 2024.
What is the IPO size of Ganesh Green Bharat Limited?
The IPO is of Rs 125.23 crores with 65.91 lakh shares being issued.