Ganesh Green Bharat IPO is a book-built issue of ₹125.23 crores. The issue is entirely a fresh issue of 65.91 lakh shares.
The IPO of Ganesh Green Bharat opens for subscription on July 5, 2024, and closes on July 9, 2024. The allotment for the Ganesh Green Bharat IPO is expected to be finalized on Wednesday, July 10, 2024. The IPO of Ganesh Green Bharat will list on NSE SME with a tentative listing date fixed as Friday, July 12, 2024.
The price band for the IPO of Ganesh Green Bharat is set at ₹181 to ₹190 per share. The minimum lot size for an application is 600 shares. The minimum amount of investment required by retail investors is ₹114,000. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹228,000.
Hem Securities Limited is the book-running lead manager of the IPO of Ganesh Green Bharat, while Kfin Technologies Limited is the registrar for the issue.
Ganesh Green Bharat Limited operates in the electrical contracting service sector.
Ganesh Green Bharat IPO Details:
Company Name | Ganesh Green Bharat Limited |
Sector | Electrical Contract Service |
IPO Type | SME |
IPO Open date | 05th July 2024 |
IPO Close date | 09th July 2024 |
OFS | |
Listing Exchanges | NSE |
Share Holding Pre-issue | |
DRHP Draft Prospectus | Click to check |
RHP Draft Prospects | Click to check |
Ganesh Green Bharat IPO Lot Size:
Application | Lot Size | Shares | Amount |
Retail (Min) | 1 | 600 | 1,14,000 |
HNI (Min) | 2 | 1200 | 2,28,000 |
Ganesh Green Bharat IPO Timeline:
IPO Open Date | 05th July 2024 |
IPO Close Date | 09th July 2024 |
Basis of Allotment | 10th July 2024 |
Refund Initiation Date | 11th July 2024 |
Shares Credit to Demat | 11th July 2024 |
Listing Date | 12th July 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.