gre renew enertech limited IPO
IPO Overview
Gre renew enertech limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹40 Cr. The IPO price band is set at ₹100 to ₹105 per share, and retail investors can apply with a minimum investment of ₹2.52 L as per IPO guidelines.
The Gre renew enertech limited IPO opens on 13 Jan 2026 and closes on 16 Jan 2026. The IPO allotment is expected to be finalized on 19 Jan 2026, and the equity shares are proposed to be listed on BSE on 21 Jan 2026.
Investors can refer to the Gre renew enertech limited IPO RHP-DRHP for detailed information. The issue is managed by Share India Capital Services Pvt.Ltd. as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
They offer rooftop and ground-mounted solar installations, as well as indoor and outdoor LED lighting solutions.
The company, originally a manufacturer of LED lighting solutions, now primarily focuses on solar energy.
Business Model:
CAPEX Model (EPC) (Engineering, Procurement and Construction): The company follows the CAPEX model, where consumers own and fund solar systems, while EPC services manage engineering, procurement, construction, and commissioning, ensuring complete PV plant delivery and grid connection.
RESCO Model (Opex): The company uses the RESCO model, where it funds and owns rooftop solar systems, earning annuity income while consumers pay monthly tariffs, though securing low-cost capital remains a key challenge.
Products and services:
EPC (Engineering, Procurement, and Construction):Turnkey solar solutions from design to commissioning, including operation and maintenance as required.
Rooftop Systems (On-Grid):Grid-tied solar systems reduce electricity bills by supplying power and feeding excess to the grid.
Solar Rooftop Systems (Hybrid):Combines solar panels, batteries, and grid access to ensure a continuous, eco-friendly power supply anytime.
PV Module:High-efficiency, reliable solar modules suitable for various applications with strong performance in all conditions.
Competitive Strengths:
Experience Management Team
Training and Skill development programs to strengthen Operation & Maintenance Team
Existing number, visible order book, and favourable national policy support
24/7 Premium Support System
ESG (Environment, Social and Governance)
Investment Objective
General corporate purposes