
Energy & Renewables · BSE
GRE Renew Enertech Limited is engaged in providing solar energy solutions and LED lighting products, with its current primary focus on the solar power segment. The company offers rooftop and ground-mounted solar installations along with indoor and outdoor LED lighting solutions, and operates through both CAPEX (EPC) and RESCO (Opex) business models, wherein it either delivers turnkey solar projects owned by customers or funds and owns rooftop systems to earn annuity-based income. Its product and service portfolio includes end-to-end EPC solutions from design to commissioning, on-grid rooftop solar systems to reduce electricity costs, hybrid solar rooftop systems combining panels, batteries, and grid connectivity for uninterrupted power supply, and high-efficiency PV modules designed for reliable performance across diverse operating conditions.
Price Band
₹100 – ₹105
Issue Size
₹40.00 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹105
at current GMP
Subscribed
16.59x
overall
Open
13 Jan 2026
Close
16 Jan 2026
Allotment
19 Jan 2026
Refund
20 Jan 2026
Demat Credit
21 Jan 2026
Listing
21 Jan 2026
Overall Subscription
16.59x
Total Demand
QIB Multiplier
14.69x
Institutions & Funds
NII / HNI
25.02x
High Net-Worth
Retail (RII)
14.06x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 714,000 | 10,485,600 | 14.69x |
| NIB | 540,000 | 13,513,200 | 25.02x |
| HNIs(10L +) | 360,000 | 10,269,600 | 28.53x |
| HNIs (2-10L) | 180,000 | 3,243,600 | 18.02x |
| RETAIL | 1,260,000 | 17,712,000 | 14.06x |
| Total | 3,054,000 | 55,224,000 | 16.59x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 6 | 0.00x |
| NIB | — | 1,909 | 0.00x |
| RETAIL | 525 | 7,400 | 14.10x |
| HNIs(10L +) | 100 | 1,029 | 10.29x |
| HNIs (2-10L) | 50 | 880 | 17.60x |
| Total Applications | 675 | 11,224 | 16.63x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
GRE Renew Enertech Limited is bringing an initial public offering (IPO) in the Energy & Renewables sector with an aggregate issue size of ₹40 Crores. The shares are offered at a price band of ₹100 to ₹105 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-01-16, the basis of allotment is scheduled to be finalized on 2026-01-19. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Currently, GRE Renew Enertech Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹100 to ₹105 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹105 per equity share.
The GRE Renew Enertech Limited IPO aggregate issue size is ₹40 Crores with an equity price band set at ₹100 to ₹105 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 16.59x (Retail: 14.06x, QIB: 14.69x, NII: 25.02x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-01-19. Investors can verify status using PAN card or application number.
GRE Renew Enertech Limited shares are scheduled to list on BSE on 2026-01-21.