GRE Renew Enertech IPO: Harnessing the Solar Surge in the SME Space?
GRE Renew Enertech Limited, a Mehsana-based solar EPC and LED lighting player, is set to l...
Read ArticleGRE Renew Enertech IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 12 January 2026 | IPO Close Date | 15 January 2026 |
|---|---|---|---|
| Basis of Allotment | 18 January 2026 | Listing Date | 20 January 2026 |
| Price Band | ₹100 - ₹105 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,52,000 |
| Total Issue Size | ₹105 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 12 January 2026 | Confirmed |
| IPO Close Date | 15 January 2026 | Confirmed |
| Basis of Allotment | 18 January 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 20 January 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,52,000 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,52,000 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,78,000 |
| S-HNI (Max) | 7 Lots | 8,400 Shares | ₹8,82,000 |
| B-HNI (Min) | 8 Lots | 9,600 Shares | ₹10,08,000 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 21 Jan 2026 | ₹1 | ₹106.00 | +0.95% |
| 19 Jan 2026 | ₹6 | ₹111.00 | +5.71% |
| 14 Jan 2026 | ₹7 | ₹112.00 | +6.67% |
| 13 Jan 2026 | ₹6 | ₹111.00 | +5.71% |
| 12 Jan 2026 | ₹9 | ₹114.00 | +8.57% |
The GRE Renew Enertech IPO minimum market lot is 2,400 shares with an application amount of ₹2,52,000.
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 2,400 | ₹2,52,000 |
| Retail Maximum | 2,400 | ₹2,52,000 |
| S-HNI Minimum | 3,600 | ₹3,78,000 |
| S-HNI Maximum | 8,400 | ₹8,82,000 |
| B-HNI Minimum | 9,600 | ₹10,08,000 |
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex. Anchor) | – | 50% |
| NII (HNI) | – | 35% |
| Retail Individual Investors | – | 15% |
| Particular | Dates |
|---|---|
| IPO Open Date | 13 Jan 2026 |
| IPO Close Date | 16 Jan 2026 |
| Basis of Allotment | 19 Jan 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 21 Jan 2026 |
Note: The timeline for GRE Renew Enertech IPO is tentative and subject to change.
| IPO Open Date | January 13, 2026 |
| IPO Close Date | January 16, 2026 |
| Basis of Allotment | January 19, 2026 |
| Refunds Initiation | January 20, 2026 |
| Credit to Demat Account | January 20, 2026 |
| IPO Listing Date | January 21, 2026 |
| IPO Bidding Cut-off Time | January 16, 2026 – 5 PM |
To Be Updated Soon
| Purpose | Amount (₹ Crores) |
|---|---|
| Setting up of 7.20 MW (AC) / 9.99 MW (DC) Ground Mounted Solar Power Plant | ₹32.61 |
| General Corporate Purposes | – |
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Oriana Power Limited | 81.92 | 15.99 | 48.62% | 256.26 | 1,018.67 |
| Zodiac Energy Limited | 13.38 | 29.27 | 27.71% | 64.40 | 7.78 |
GRE Renew Enertech IPO opens for subscription on 12 January 2026 and closes on 15 January 2026.
The price band for GRE Renew Enertech IPO is set at ₹100.00 to ₹105.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,52,000).
The latest Grey Market Premium (GMP) for GRE Renew Enertech IPO is ₹-9.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for GRE Renew Enertech IPO is tentatively scheduled for 18 January 2026, and shares are expected to list on the stock exchanges on 20 January 2026.
The registrar details will be confirmed in the official prospectus.