Initial Public Offerings (IPOs)

GRE Renew Enertech IPO (BSE SME)

₹126,000 /1200 shares

Minimum Investment

GRE Renew Enertech IPO (BSE SME) Details

Min. Investment

₹126,000

Lot Size

1200

Price Range

₹100 to ₹105

Issue Size

₹40 Cr

About GRE Renew Enertech Ltd.

GRE Renew Enertech Limited is engaged in the business of solar energy solutions and LED lighting products.

Subscription Figures 15 Jan, 2026 00:15

  • QIB 7.04x
  • NII 1.6x
  • NII ( >10 lakh) 1.75x
  • NII ( <10 lakh) 1.3x
  • Retail 0.86x
  • Total 2.77x

Strengths & Financials of GRE Renew Enertech Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Jan 13, 2026
Bid/Offer Closes On Jan 16, 2026
Finalisation of Basis of Allotment Jan 19, 2026
Initiation of Refunds Jan 20, 2026
Credit of Shares to Demat Acct Jan 20, 2026
IPO Shares Listing Date Jan 21, 2026

Company Promoters

1. Mr. Kamleshkumar Dahyalal Patel
2. Mr. Kirtikumar Kantilal Suthar
3. and Mr. Mukeshkumar Prahladbhai Trivedi are the promoters of the company

Lead Managers

1. Share India Capital Services Pvt.Ltd

Contact Information

  • GRE Renew Enertech Ltd. Plot no. 423, G.I.D.C.-II Dediyasan Mehsana, Gujarat, 384002
  • Phone No : +91 9974039300
  • Email : cs@greindia.com
  • Website : https://greindia.com/

IPO Registrar