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IPO Synopsis


Ganesh Green Bharat Ltd

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-24 190.00-0.00 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 190.00  

Project

  • Repayment in full or in part of certain of its outstanding borrowings
  • Funding capital expenditure towards installation of additional plant and machinery at its factory
  • Funding to meet working capital requirements
  • General corporate purposes

Promoted By

Ketanbhai Narsinhbhai Patel

Rajendrakumar Narisnhbhai Pate

Niravkumar Sureshbhai Patel

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd