Ganesh Green Bharat Limited

Company Profile
Company Name Ganesh Green Bharat Limited
Open Date 05-07-2024
Close Date 09-07-2024
Exchange NSE SME
Lot Size 600 Shares
Issue Price ₹181 to ₹190 per share
Issue Size 65,91,000 shares
Application Amount ₹ 1,14,000
Recommendation Apply
Incorporated in April 2016, Ganesh Green Bharat Limited is an Electrical Contracting Service company. The company offers a range of services including the supply, installation, testing, and commissioning (SITC) of solar and electrical goods and services to various government bodies. The company has completed projects under various government schemes, such as the Saubhagya Scheme, KUSUM Scheme, and Saur Sujla Yojna.The company has a team of 10 engineers supported by third-party consultants and industry experts to ensure compliance with industry and government standards. As of March 31, 2024, the company had around 39 employees and contract labour at its project sites.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 10,553.67 9,019.91 17,017.02
EBITDA 3,176.70 2,242.74 4,276.16
Net Profit 520.75 815.58 1,988.51
RoCE 97.71% 48.06% 45.07%
ROE 19.23% 23.15% 34.72%
P/E 66.43 42.41 17.40

Tentative Timeline

Opening Date 05-07-2024
Closing Date 09-07-2024
Basis of Allotment 10-07-2024
Initiation of Refunds 11-07-2024
Credit of Shares to Demat 11-07-2024
Listing Date 12-07-2024

Objects of the Issue

Repayment in full or in part, of certain of the outstanding borrowings.
Funding of capital expenditure towards installation of additional plant and machinery at the factory.
Funding to meet Working Capital Requirements.
General Corporate Expenses.

Contact Information

Registered Office Ganesh Green Bharat Limited F-202. S.G. Business Hub S.G. Highway Ahmedabad-382470
Phone +91-79-29703080

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100%
Share Holding Post Issue (Promoters) 73.42%

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