Ganesh Green Bharat IPO Day 2: 33.50x Subscription with 15.85 Crore Bids!

On Day 2, the Ganesh Green Bharat Limited IPO saw 47.33 lakh shares offered and received bids for 15.85 crore shares, resulting in a 33.50x subscription rate.
Ganesh Green Bharat IPO Day 2: 33.50x Subscription with 15.85 Crore Bids!

On the second day of the Ganesh Green Bharat Limited IPO, a total of 47,33,400 shares were offered. The IPO received bids for 15,85,74,600 shares, resulting in an overall subscription rate of 33.50 times, indicating strong interest from various investor categories.

How To Check Ganesh Green Bharat Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Ganesh Green Bharat Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Ganesh Green Bharat IPO Allotment Status

The allotment date for the Ganesh Green Bharat IPO is set for July 10, 2024, with shares priced at a range of ₹181 to ₹190  per share and a face value of ₹ 10. The offering consists of lots of 600 shares, with bids accepted for these lots or their multiples. 

Ganesh Green Bharat IPO Subscription Status

Ganesh Green Bharat IPO experienced strong demand on Day 1, being subscribed 11.43 times. This reflects high investor confidence and a positive outlook for the company’s market performance and future prospects.

Ganesh Green Bharat Limited IPO Listing Date 

Ganesh Green Bharat IPO is expected to be listed on the NSE SME on July 12, 2024.

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