GRE Renew Enertech IPO GMP & Review: Apply or Avoid?

The GRE Renew Enertech IPO is open for bidding from 13th January 2026 to 16th January 2026. It is a bookbuilding IPO of ₹39.56 crore, an entirely fresh issue of 0.38 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 21st January 2026. 

GRE Renew Enertech IPO Details 

The GRE Renew Enertech IPO date is fixed between 13th January 2026 and 16th January 2026. The face value of GRE Renew Enertech shares stands at ₹10 per share, and the IPO Issue price band is set at ₹100 to ₹105 per share

Maashitla Securities Private Limited is the registrar of the GRE Renew Enertech IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

GRE Renew Enertech IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.38 crore shares worth ₹39.56 crore. GRE Renew Enertech IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

GRE Renew Enertech IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the GRE Renew Enertech IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 13th January 2026, GRE Renew Enertech IPO GMP stands at ₹9.00 per share, which means the share will likely list at ₹114.00 on its tentative listing date, 21st January 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the GRE Renew Enertech IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

GRE Renew Enertech IPO GMP Review

Check out the detailed GRE Renew Enertech GMP IPO review for a thorough understanding of its potential to report listing gains on 21st January 2026. The GRE Renew Enertech IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the GRE Renew Enertech IPO.

GRE Renew Enertech Limited’s revenue decreased by 8.44% from ₹92.15 crores in March 2024 to ₹84.37 crores in March 2025. Moreover, the company’s PAT decreased by 29.06% from ₹9.91 crores in March 2024 to ₹7.03 crores in March 2025.

GRE Renew Enertech’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the GRE Renew Enertech IPO, with its tentative listing day set for 21st January 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the GRE Renew Enertech IPO.

The PE ratio of GRE Renew Enertech Limited shares is 8.64, and its Earnings Per Share (EPS) stands at 43.23. Thus, the GRE Renew Enertech IPO can deliver gains on its tentative listing date, 16th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of GRE Renew Enertech Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

GRE Renew Enertech IPO Subscription Status

The GRE Renew Enertech IPO will open for bidding on 13th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live GRE Renew Enertech IPO Subscription Status. 

About GRE Renew Enertech Limited

GRE Renew Enertech Limited is engaged in the business of solar energy solutions and LED lighting products. They offer rooftop and ground-mounted solar installations, as well as indoor and outdoor LED lighting solutions. The company, originally a manufacturer of LED lighting solutions, now primarily focuses on solar energy. The company has a business model, such as the CAPEX Model (EPC) (Engineering, Procurement and Construction) and the RESCO Model (Opex). The company offers products and services such as EPC (Engineering, Procurement, and Construction), Rooftop Systems (On-Grid), Solar Rooftop Systems (Hybrid), and PV Modules. 

GRE Renew Enertech Limited Financials

The company’s financial analysis is essential before applying for the GRE Renew Enertech IPO. Look at the table to learn about GRE Renew Enertech Limited’s financials. 

Explanation

GRE Renew Enertech Limited’s revenue decreased by 8.44% from ₹92.15 crores in March 2024 to ₹84.37 crores in March 2025. Moreover, the company’s PAT decreased by 29.06% from ₹9.91 crores in March 2024 to ₹7.03 crores in March 2025.

GRE Renew Enertech Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the GRE Renew Enertech IPO

The primary aim of the GRE Renew Enertech IPO is to raise ₹39.56 crores. On the other hand, GRE Renew Enertech has decided to utilise these funds in different ways.

• To the Setting up of 7.20 MW (AC) / 9.99 MW (DC) Ground Mounted Solar Power Plant
• To General Corporate Expenses

Should I Invest in the GRE Renew Enertech IPO?

Explore the pros and cons of GRE Renew Enertech to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the GRE Renew Enertech IPO

• The company is the Experience Management Team.
• The company has Training and Skill development programs to strengthen the Operation & Maintenance Team.
• The company has an Existing number, a visible order book, and favourable national policy support.
• The company is ESG (Environment, Social and Governance).

Cons of the GRE Renew Enertech IPO

• The company has an SME IPO & Liquidity risk
•  The company has concentrated business & regional exposure
• The company has depended on the weather revenue

How to Apply for the GRE Renew Enertech IPO?

Check the steps mentioned below to apply for the GRE Renew Enertech Ltd.

• Step 1: Conduct thorough research on the GRE Renew Enertech IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lots of 2,400 shares worth ₹2,52,000
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the GRE Renew Enertech IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the GRE Renew Enertech IPO Allotment Status?

You can check for the GRE Renew Enertech IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the GRE Renew Enertech IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your GRE Renew Enertech IPO allotment status.

Let’s Wrap

The GRE Renew Enertech IPO is a bookbuilding issue of shares worth ₹39.56 crores. The shares of GRE Renew Enertech Limited will be listed on BSE and SME on its tentative listing date of 21st January 2026. Researching the GRE Renew Enertech IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on GRE Renew Enertech IPO

How is the GRE Renew Enertech IPO?

Ans. Currently, on 13th January 2026, the GRE Renew Enertech GMP (Grey Market Premium) stands at ₹9.00. It indicates that the estimated listing price could be ₹114 per share. It is a bookbuilding IPO of ₹39.56 shares. The face value of each GRE Renew Enertech share is ₹10 per share. 

What is the GRE Renew Enertech IPO price?

Ans. The GRE Renew Enertech IPO issue price band is set at ₹100 to ₹105 per share. 

Is the GRE Renew Enertech IPO a good investment?

Ans. GRE Renew Enertech Limited’s revenue decreased by 8.44% from ₹92.15 crores in March 2024 to ₹84.37 crores in March 2025. Moreover, the company’s PAT decreased by 29.06% from ₹9.91 crores in March 2024 to ₹7.03 crores in March 2025.

Who is the registrar of the GRE Renew Enertech IPO?

Ans. Maashitla Securities Private Limited is the registrar for the GRE Renew Enertech IPO, awaiting the allotment process and initiating refunds. For any queries regarding the GRE Renew Enertech allotment and refund, you can contact Maashitla Securities Private Limited at ipo@maashitla.com or at  +91-11-45121795-96.

What is the issue size of the GRE Renew Enertech IPO? 

Ans. GRE Renew Enertech IPO is a bookbuilding IPO of ₹39.56 crores. Moreover, the IPO is set to open on 13th January 2026 and close on 16th January 2026. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the GRE Renew Enertech IPO, download the GRE Renew Enertech IPO RHP and GRE Renew Enertech IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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