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IPO GRE Renew Enertech Ltd

  • Pre Issue Shares

    1,05,20,000

  • No. of Shares Issued

    37,68,000

  • Pre Issue Equity Amt.

    ₹10.52 Cr

  • DP Filling Date

    28 September 2024

GRE Renew Enertech Ltd IPO Timeline

GRE Renew Enertech Limited was originally formed as Partnership Firm in name and style of 'M/s. GRE Electronics' pursuant to the Partnership Deed dated April 1, 1999, having its principle place of business at Mehsana, Gujarat on the terms and condition contained in the said Partnership Deed. Further, the Partnership Firm was converted into Private Limited Company in the name and style of 'GRE Electronics Private Limited on October 24, 2008 vide incorporation issued by Registrar of Companies, Gujarat. The name of the Company was changed from 'GRE Electronics Private Limited' to 'GRE Renew Enertech Private Limited' on June 6, 2023 by Registrar of Companies, Ahmedabad. Subsequently, the status was converted into a Public Company and the Company name was changed from 'GRE Renew Enertech Private Limited' to 'GRE Renew Enertech Limited' and a Fresh Certificate of Incorporation dated July 24, 2024 issued by the Registrar of Companies, Ahmedabad.

GRE Renew Enertech Ltd IPO Details

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Company PromotersKamleshkumar Dahyalal Patel, Kirtikumar Kantilal Suthar, Mukeshkumar Prahladbhai

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Investment in and providing finance to its wholly owned subsidiary GRE Green Energy Pvt Ltd for development of 20.09 MW (DC) Resco project
  • General corporate purposes

GRE Renew Enertech Ltd IPO Prospectus

GRE Renew Enertech Ltd IPO Listing Date

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Face Value10

Company Contact Information

GRE Renew Enertech Ltd
Plot No.423 GIDC IIDediyasan,Mehsana-384002
Phone: 77779 83683
Email: cs@greindia.com
Website: https://greindia.com

GRE Renew Enertech Ltd IPO Registrar

Phone:+91 1145121795;
Email: ipo@maashitla.com
Website: www.maashitla.com

GRE Renew Enertech Ltd IPO Lead Manager(s)

  1. Share India Capital Services Pvt Ltd