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( As on 05/01/2026 16:00)

GRE Renew Enertech announces launch of initial public offering

GRE Renew Enertech Ltd. has announced public offering of 3768000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 95.00 per share. The gross proceeds of the issue are expected to be Rs 3,956.40 lakhs.

The company's initial public offer (IPO) will open on 13 January 2026 and is expected to close on 16 January 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 100.00-105.00 per share.

The IPO includes a fresh Issue of 3768000 Equity Shares of the Company at an price of Rs 105.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

GRE Renew Enertech Ltd. anticipates using the proceeds of the issue for .

Share India Capital Services Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.