Ganesh Green Bharat, a company that supplies and installs solar panels and electrical equipment, has launched its initial public offering (IPO) today, July 5th, 2024. This is your chance to invest in the company’s shares and potentially benefit from its future growth. Here’s a breakdown of the key details you need to know about the Ganesh Green Bharat IPO:
Subscription Period: The IPO is open for bidding from today, July 5th, to July 9th, 2024. So, you have five days to decide if you want to invest.
Price Range: The company has set a price range of ₹181 to ₹190 per share. This means the final price of the shares will be determined within this range based on investor demand.
Lot Size: The minimum number of shares you can apply for is 600. This is called a lot. So, if you want to invest, you’ll need to purchase at least 600 shares, which will cost between ₹108,600 (at ₹181 per share) and ₹114,000 (at ₹190 per share).
Who Can Invest? This IPO is open to retail investors like you, as well as institutional investors.
Listing: The company’s shares are expected to be listed on the National Stock Exchange (NSE) SME platform by July 12th, 2024 (tentative date).
Should You Invest? This is a decision you’ll need to make based on your own financial goals and risk tolerance. It’s important to do your research on Ganesh Green Bharat’s business, financials, and future prospects before investing. Consider consulting a financial advisor for personalized advice.
Keep in mind: Investing in stocks always involves risks. Your investment’s value may fluctuate, so ensure you grasp the risks before deciding to invest.