Ganesh Green Bharat Limited

About the company

## **About Ganesh Green Bharat Limited** Incorporated in2016, Ganesh Green Bharat Limited started as a partnership firm in the year 2016 with focus on Electrical contracting services. They are providing comprehensive portfolios in the field of supply, installation, testing and commissioning (SITC) of solar and electrical goods and services to various government bodies. They have completed projects under various schemes of Central and State Government like - Saubhagya Scheme, KUSUM Scheme, Saur Sujla Yojna. They also forayed into the business of designing, construction, installation and operation and maintenance of Water Supply Scheme Projects like the Mukhya Mantri Nishchay Quality Affected Yojna, Har Ghar Jal (Jal Jeevan Mission) etc.  Later in the year 2017 they stepped into the renewable energy sector where they expanded their operations as an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services and operations and maintenance (“O&M”) services for solar home light, solar street light, solar power plants (On Grid and off Grid), Solar Highmast, Solar Pumping System etc. In 2016, they attained the status of Channel Partner of Ministry of New and Renewable Energy (MNRE) and in the year 2018 they completed a substantial project involving 16,486 SPV home lighting system in Rajasthan through Rajasthan Renewable Energy Corporation Limited (RRECL). They started bidding for Water Supply Scheme Projects wherein they are engaged in designing, construction, supply, testing and commissioning of Water Supply Scheme Projects which involves construction of piped water supply with installation of polyethylene water storage tank to provide drinking water through functional household tap connections in villages with all allied works of the scheme and successful trial run. Ganesh Green Bharat bids for tenders issued by government authorities and has worked for departments of 8 states viz: Gujarat Industrial Development Corporation, Ahmedabad Municipal Corporation, Rajasthan Renewable Energy Corporation Limited, Dakshin Gujarat Vij Company Limited, Gujarat Energy Development Agency, Chhattisgarh State Renewable Energy Development Agency, Ajmer Vidhyut Vitaran Nigam Limited, Jodhpur Vidhyut Vitaran Nigam Limited, Jharkhand Renewable Energy Development Agency, Jaipur Vidhyut Vitaran Nigam Limited, Public Health Engineering Department, Bihar, Public Health Engineering Department, Madhya Pradesh, PHED, Rajasthan, Uttar Pradesh New and Renewable Energy Development Agency, UP, NHAI through Kalthia Engineering Construction Ltd( Maharashtra) etc. They also sell Solar PV modules to some of the private sector organizations. As Ganesh Green Bharat Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Repayment in full or in part, of certain of our outstanding borrowings. 1. Funding Capital Expenditure towards installation of additional plant and machinery at our factory  1. Funding to meet working capital requirements  1. General Corporate Purpose

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   05 Jul 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   09 Jul 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   07 Jul 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   11 Jul 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   10 Jul 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   12 Jul 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.