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Grace Renewable Energy Ltd

Registered Office : #43 The Chamber Near TGB Hotel,S G Highway Bodakdev,Ahmedabad Gujarat 380054 Phone : +91 75739 03035
Fax :

Email : cs@gracerenew.com

Website : www.gracerenew.com

Initial public offer of upto 55,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Grace Renewable Energy Limited ("the Company" or "the Issuer") at an issue price of Rs. [*] per equity share (including a Share Premium of [*] per Equity Share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid- up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Marwadi Chandarana Intermediaries Brokers Pvt Ltd

Projects

Purchase of machinery for setting up BESS facility (Phase II)

Meeting working capital requirements

General corporate purposes

Promoted By

Manish Bagadia

Karuna Bagadia

Listing At

BSE - SME

Registrar to the Issue

KFin Techologies Ltd