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15 Days Price Change

Ganesh Green Bharat IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 181  to  190 per share
Profile
Min Investment ₹190
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Founded as a proprietary concern and headquartered in Ahmedabad, Gujarat, India, Ganesh Green Bharat Limited is poised to become a listed company under the visionary leadership of Mr. Ketan Patel. Initially focused on submersible and tube well repair services, the company has transformed into an advanced solar panel manufacturing entity, marking a journey of growth and achievement. Ganesh Green Bharat Limited places a strong emphasis on environmental stewardship, holding ISO 14001:2015 and ISO 9001:2013 Management System certifications. Recognized as a prestigious 'Class A' Electrical Contractor in the Indian private sector, the company is committed to delivering sustainable and innovative solutions. Continuing to evolve and innovate, Ganesh Green Bharat Limited remains dedicated to meeting the diverse needs of its clients and contributing to national development through technological advancement and environmental responsibility. Read More

Basic Info

Face Value 10 per share

Price 181  to  190 per share

P/E (x) 14.5

Sales( Cr.) 318

PAT( Cr.) 30

EPS 13.1

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Ketanbhai Narsinhbhai Patel Rajendrakumar Narsinhbhai Patel Niravkumar Sureshbhai Patel Shilpaben Ketanbhai Patel

Pre Issue Share Holding 100%

Post Issue Share Holding 41.67%

Listing Details:

Listing Price: 361

Listing Gain: 47.37%

Current Price: 343.6

Gain On Issue: 343.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 05, 2024
Closing Date Jul 09, 2024
Allotment Jul 10, 2024
Refund Jul 11, 2024
Delivery of Shares Jul 11, 2024
Listing Date Jul 12, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 600 114,000
Retail (Max) 1 600 114,000
S-HNI (Min) 2 1200 228,000
S-HNI (Max) 8 4800 912,000
B-HNI (Min) 9 5400 1,026,000

Objective of the Issue

1. Repayment in full or in part, of certain of the outstanding borrowings. 2. Funding Capital Expenditure towards installation of additional plant and machinery at the factory. 3. Funding to meet working capital requirements. 4. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 3295500 509154750 154.5x
NII 988650 465100506 470.4x
Retail 2306850 408035628 176.9x
EMP 0 0 0x
Total 6591000 1515402720 229.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Ganesh Green Bharat Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 106 90 170 318
Other Income 1 0 2 4
Total Income 106 91 172 322
Total Expenditure 96 76 135 270
Operating Profit 10 14 37 52
Interest 2 3 5 5
Depreciation 1 1 3 5
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 7 11 28 41
Provision for Tax 2 3 7 11
Profit After Tax 5 8 22 30
Adjustments 0 0 -2 -0
Profit After Adjustments 5 8 20 30
Adjusted Earnings Per Share 2.9 4.5 10.9 12.2

Ganesh Green Bharat Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 27 35 57 205
Minority's Interest 0 0 2 2
Borrowings 5 10 17 14
Other Non-Current Liabilities -0 -0 -0 0
Total Current Liabilities 56 43 74 118
Total Liabilities 88 88 150 339
Fixed Assets 2 2 21 48
Other Non-Current Assets 9 8 37 40
Total Current Assets 78 78 93 250
Total Assets 88 88 150 339

Ganesh Green Bharat Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 1
Cash Flow from Operating Activities -8 -2 25 -29
Cash Flow from Investing Activities -2 -0 -34 -48
Cash Flow from Financing Activities 10 3 10 107
Net Cash Inflow / Outflow 0 -0 0 30
Closing Cash & Cash Equivalent 1 0 1 31

Ganesh Green Bharat Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.89 4.53 10.93 12.19
CEPS(Rs) 3.18 4.96 13.85 14.43
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 15.04 19.57 31.45 82.71
Core EBITDA Margin(%) 8.78 15.47 20.77 15.07
EBIT Margin(%) 8.84 15.06 19.84 14.57
Pre Tax Margin(%) 6.67 12.23 16.69 13.04
PAT Margin (%) 4.93 9.04 12.84 9.57
Cash Profit Margin (%) 5.43 9.89 14.83 11.25
ROA(%) 5.9 9.27 18.39 12.45
ROE(%) 19.23 26.18 47.26 23.19
ROCE(%) 18.83 24.23 38.81 25.45
Receivable days 80.69 87.6 65.11 55.82
Inventory Days 24.3 44.81 58.74 88.9
Payable days 100.41 110.72 74.88 59.52
PER(x) 0 0 0 25.58
Price/Book(x) 0 0 0 3.77
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.22 0.31 0.42 2.44
EV/Core EBITDA(x) 2.35 1.96 1.93 15.01
Net Sales Growth(%) 0 -14.53 88.66 86.88
EBIT Growth(%) 0 45.69 148.5 37.21
PAT Growth(%) 0 56.61 168 39.21
EPS Growth(%) 0 56.61 141.34 11.44
Debt/Equity(x) 0.83 0.78 0.94 0.23
Current Ratio(x) 1.38 1.82 1.24 2.13
Quick Ratio(x) 1.26 1.47 0.71 1.15
Interest Cover(x) 4.07 5.31 6.29 9.55
Total Debt/Mcap(x) 0 0 0 0.06

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 87% 44% 0% 0%
Operating Profit CAGR 41% 73% 0% 0%
PAT CAGR 36% 82% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -21% NA% NA% NA%
ROE Average 23% 32% 29% 29%
ROCE Average 25% 30% 27% 27%

Company Contact Information

Ganesh Green Bharat Ltd.

F - 202. S. G. Business Hub S. G. Highway

IPO Lead Manager(s)

Ganesh Green Bharat Ltd.

Hem Securities Ltd.

Registrar Info

Ganesh Green Bharat Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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