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Ganesh Green Bharat 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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Ganesh Green Bharat Ltd IPO

Registered Office: F 202 S G Business Hub,S G Highway , Ahmedabad - 382470 , Gujarat , India.
Phone : +91 79 2790 3080   Fax:
Email :  cs@ganeshgreen.com  
Website :  www.ganeshgreen.com
Initial public offer of upto 65,91,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Ganesh Green Bharat Limited ("The Company" or "GGBL" or "The Issuer") at an issue price of (Rs)190 per equity share for cash, aggregating up to (Rs)125.23 crores ("Public Issue") out of which 3,31,200 equity shares of face value of (Rs)10 each, at an issue price of (Rs)190 per equity share for cash, aggregating (Rs)6.29 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 66,000 equity shares aggregating up to (Rs)1.25 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. issue of 61,93,800 equity shares of face value of (Rs)10 each, at an issue price of (Rs)190 per equity share for cash, aggregating upto (Rs)117.69 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.58 % and 24.97% respectively of the post-issue paid-up equity share capital of the company. Price Band: (Rs)190 per equity share of face value of (Rs)10/- each. The issue price is 19 times of the face value at the lower price band and the upper price band respectively. Bid can be made for minimum of 600 equity shares and the multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Jul-24 09-Jul-24 (Rs)190.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 117.42
Hem Securities Ltd
Project Financed through Current Offer 125.23  
Post Issue Equity Share Capital 24.80  
Issue Price (Rs)190.00  
 
Projects
Repayment in full or in part of certain of its outstanding borrowingsFunding to meet working capital requirements
Funding capital expenditure towards installation of additional plant and machinery at its factoryGeneral corporate purposes
Promoted By
Ketanbhai Narsinhbhai Patel  
Rajendrakumar Narisnhbhai Pate  
Niravkumar Sureshbhai Patel  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd