GRE Renew Enertech IPO Analyzed

GRE Renew Enertech, a company that installs solar panels on buildings for businesses, is planning to sell shares to the public for the first time. They want to raise money – about ₹39.56 crore – to build a new solar power plant. This is happening on January 13, 2026, and will continue until January 16, 2026.

Key Points

• Company seeks ₹39.56 crore through a fresh equity share sale.
• Shares offered at ₹100-₹105 per share, lot size 1,200 shares.
• Retail investors need ₹2,52,000 for two lots of shares.
• IPO opens January 13, 2026, closes January 16, 2026, allotment on Jan 19.
• Expected listing on NSE SME platform January 21, 2026.
• Funds used for solar plant and general corporate purposes.

What GRE Renew Enertech Does

This company helps businesses and factories use solar power. They do this by setting up solar panels on rooftops or on the ground. There are two main ways they work: one where they build the whole solar system and another where they make deals with building owners to use the solar power.

IPO Details

Investors can buy shares in GRE Renew Enertech between ₹100 and ₹105 each. You’d need ₹2,52,000 to buy two lots of shares. The company is using the money to build a large solar power plant. Experts are watching the company’s shares closely, and they were trading at a higher price than the initial offer before the IPO.

The process of selling shares is managed by Maashitla Securities and Share India Capital Services. The company’s financial performance shows a slight decline in revenue and profit compared to the previous year, but it still generated a good amount of earnings before interest, tax, depreciation, and amortization.

Investing in IPOs can be a way to support growing companies, but it’s important to understand the risks involved.