Ganesh Green Bharat Ltd

Issue
Opens On Closes On
05-Jul-24 09-Jul-24
Money Payable On
Application Allotment
190.00 0.00

Minimum Application for shares in Nos : 600 Further Multiples of : 600

Lead Managers to the Issue
Project Cost (₹.Cr) 117.42 Hem Securities Ltd
Project Financed through Current Offer (₹.Cr) 125.23  
Post Issue Equity Share Capital (₹.Cr) 24.80
Issue Price (₹) 190.00
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
No Data Available
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.