Ganesh Green Bharat to Raise Rs 125.23 Crore Through IPO

Ganesh Green Bharat plans to raise Rs 125.23 crore via its IPO, set for July 5-9. The IPO will be listed on NSE Emerge platform, with proceeds aimed at debt reduction, funding capital expenditures, and meeting working capital needs. The price band is set at Rs 181-190 per share.

Ganesh Green Bharat to Raise Rs 125.23 Crore Through IPO
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Ganesh Green Bharat, a solar PV module manufacturer, announced plans to raise Rs 125.23 crore through an initial public offering (IPO) scheduled for July 5-9.

The company set a price band of Rs 181-190 per share, anticipating that shares will be listed on the NSE SME platform Emerge.

Proceeds from the IPO are intended to reduce debt, fund capital expenditures, and cover working capital needs.

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