As of June 19, 2024, Ganesh Green Bharat IPO has ₹290 as Grey Market Premium, with a price range of₹181 to ₹190 per share. Offering lots of 600 shares, the subscription window is open from July 5 to June 9, 2024.
Ganesh Green Bharat Limited IPO GMP Today
The Grey Market Premium (GMP) for Ganesh Green Bharat Limited is ₹290 as of June 19, 2024. This assessment coincides with a price of ₹181 to ₹190 per share for the IPO.
Ganesh Green Bharat Limited IPO Review
Ganesh Green Bharat Limited saw its revenue fall in 2023 but rebound sharply to ₹17,017.02 lakhs by March 2024. Profitability soared with PAT increasing to ₹2,182.98 lakhs, and EPS rising to ₹10.92, reflecting robust earnings growth and enhanced shareholder returns.
The company’s financial health shows strengthened equity but higher debt-equity ratio, suggesting increased debt financing. Total assets and the current ratio grew, indicating potential growth but with liquidity challenges. The drop in the Inventory Turnover Ratio raises concerns about sales efficiency or inventory management.
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Ganesh Green Bharat Limited IPO Date
Ganesh Green Bharat Limited will start accepting subscriptions from July 5, 2024 to July 9, 2024.
Ganesh Green Bharat Limited IPO Price
Ganesh Green Bharat Limited’s price range is ₹181 to ₹190 per share with a face value of ₹10 each.
Ganesh Green Bharat Limited
Ganesh Green Bharat Limited specialises in providing SITC services for solar and electrical goods, mainly to government sectors under schemes like Saubhagya and KUSUM. The company offers comprehensive EPC services, leveraging its in-house design and engineering team and forming joint ventures for project execution and management.
How To Apply For Ganesh Green Bharat Ltd IPO?
To apply for the Ganesh Green Bharat through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Ganesh Green Bharat on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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