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GRE Renew Enertech

GRE Renew Enertech

Open Date

13 Jan 2026

Close Date

16 Jan 2026

listed

Min Investment

₹252000

Lot Size

2400 Shares

Issue Size

₹39.56 Cr

Price Range

₹100 - ₹105

Listing Date

Jan 21, 2026

IPO Doc

RHP PDF

About 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.

Checklist Quality Analysis

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

4.5(+3.81%)GMP
4.29%Prediction Listing Gain

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%

1

Capex Expenditure

The company will utilise ₹31.58 crore towards setting up a solar power plant.

78.95%
2

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

21.05%

IPO Subscription Status

Retails
13.93x
QIB
1.43x
NII
22.81x

Financials of GRE Renew Enertech

In Cr.

Revenue: ₹43.98

EBITDA: ₹5.72

Profit: ₹4.00

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue43.9884.3792.1553.11
EBITDA5.729.4811.481.31
Expenses
Profit After Tax4.007.039.910.89
Assets42.7745.4649.1251.65
Net Worth35.2231.2321.0311.14
Reserves24.7020.7119.789.89
Borrowing1.451.594.574.75

GRE Renew Enertech - Promoter(s)

Mr. Kamleshkumar Dahyalal Patel

Mr. Kirtikumar Kantilal Suthar

Mr. Mukeshkumar Prahladbhai Trivedi

Pre Issue Share Holding

95.06%

Post Issue Share Holding

69.99%

Contact Details

GRE Renew Enertech

Plot No. 423, G.I.D.C.-II, Dediyasan Mehsana, Gujarat, 384002

GRE Renew Enertech IPO - FAQs

GRE Renew Enertech IPO is a SME IPO. The issue is priced at ₹100-105 per equity share. The minimum order quantity is 2400 Shares. The IPO opens on 13 Jan, and closes on 16 Jan. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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