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Grace Renewable Energy Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Grace Renewable Energy Ltd IPO

Registered Office: #43 The Chamber Near TGB Hotel,S G Highway Bodakdev , Ahmedabad - 380054 , Gujarat , India.
Phone : +91 75739 03035   Fax:
Email :  cs@gracerenew.com  
Website :  www.gracerenew.com
Initial public offer of upto 55,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Grace Renewable Energy Limited ("the Company" or "the Issuer") at an issue price of (Rs)[*] per equity share (including a Share Premium of [*] per Equity Share) for cash, aggregating up to (Rs)[*] crores ("Public Issue") out of which [*] equity shares of face value of (Rs)10/- each, at an issue price of (Rs)[*] per equity share for cash, aggregating (Rs)[*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of (Rs)10/- each, at an issue price of (Rs)[*] per equity share for cash, aggregating up to (Rs)[*] crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid- up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Issue Money Payable On
Opens On Closes On Application Allotment
NA NA (Rs)0.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :0  Further Multiples of :0

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer 0.00  
Post Issue Equity Share Capital 0.00  
Issue Price (Rs)0.00  
 
Projects
Purchase of machinery for setting up BESS facility (Phase II)General corporate purposes
Meeting working capital requirements
Promoted By
Manish Bagadia  
Karuna Bagadia  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd