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Ganesh Green Bharat Ltd

Ganesh Green Bharat Ltd

    Registered Office : F 202 S G Business Hub,S G Highway,Ahmedabad Gujarat 382470 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

Opens On

Closes On

05-Jul-2024

09-Jul-2024

Money Payable On

Application

Allotment

190.00

0.00

Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

117.42

125.23

24.80

190.00

Hem Securities Ltd

Projects
  • 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