
GRE Renew Enertech
Open Date
13 Jan 2026
Close Date
16 Jan 2026
Min Investment
₹252000
Lot Size
2400 Shares
Issue Size
₹39.56 Cr
Price Range
₹100 - ₹105
Listing Date
Jan 21, 2026
IPO Doc
RHP PDFAbout GRE Renew Enertech
GRE Renew Enertech Limited is involved in the business of solar energy solutions as well as LED lighting products.They also engage in rooftop and ground mount solar panel installation, indoor, and outdoor LED lighting solutions.The company, a former LED lighting solutions production entity, is now a solar energy company.Products & services:EPC (Engineering, Procurement, and Construction)Solar turn-key solutions, right from design to delivery, including operations and maintenance services as needed.Rooftop Systems (On-Grid):The grid-connected solar power system minimizes the use of electricity by generating power and exporting the surplus to the grid.Sunroof Panels(Rooftop Solar Systems(Hybrid)):Integrating solar panels, batteries, and a connection to the power grid to have a seamless, green energy sourcePV Module:High-efficiency solar modules that are reliable for multiple applications.
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GRE Renew Enertech IPO - Issue Objectives
The company will utilise ₹31.58 crore towards setting up a solar power plant. Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capex Expenditure
78.95%
General corporate purposes
21.05%
Capex Expenditure
The company will utilise ₹31.58 crore towards setting up a solar power plant.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
IPO Subscription Status
Financials of GRE Renew Enertech
In Cr.
Revenue: ₹43.98
EBITDA: ₹5.72
Profit: ₹4.00
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 43.98 | 84.37 | 92.15 | 53.11 |
| EBITDA | 5.72 | 9.48 | 11.48 | 1.31 |
| Expenses | ||||
| Profit After Tax | 4.00 | 7.03 | 9.91 | 0.89 |
| Assets | 42.77 | 45.46 | 49.12 | 51.65 |
| Net Worth | 35.22 | 31.23 | 21.03 | 11.14 |
| Reserves | 24.70 | 20.71 | 19.78 | 9.89 |
| Borrowing | 1.45 | 1.59 | 4.57 | 4.75 |
GRE Renew Enertech - Promoter(s)
Mr. Kamleshkumar Dahyalal Patel
Mr. Kirtikumar Kantilal Suthar
Mr. Mukeshkumar Prahladbhai Trivedi
95.06%
69.99%
Contact Details
GRE Renew Enertech
Plot No. 423, G.I.D.C.-II, Dediyasan Mehsana, Gujarat, 384002
Registrar Contact Details
Maashitla Securities Pvt.Ltd.
GRE Renew Enertech IPO - FAQs
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