Comparison between GRE Renew Enertech IPO and Ikeda IPO.
GRE Renew Enertech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ikeda IPO is a SME Bookbuilding proposed to list at BSE SME.
| GRE Renew Enertech IPO | Ikeda IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Maashitla Securities Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | RHP ![]() |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | Anchor Investor ![]() | |
| IPO Allotment URL | IPO Allotment URL ![]() |
The total issue size of GRE Renew Enertech IPO is up to ₹37.55 Cr whereas the issue size of the Ikeda IPO is up to ₹0.00 Cr. The final issue price of GRE Renew Enertech IPO is ₹105.00 per share and of Ikeda IPO is .
| GRE Renew Enertech IPO | Ikeda IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | |
| Issue Price (Upper) | ₹105.00 per share | |
| Issue Price (Final) | ₹105.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 35,76,000 shares | 26,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.55 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 10,65,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,76,000 shares | 36,93,600 shares |
| Issue Size Total (Amount) | up to ₹37.55 Cr | up to ₹0.00 Cr |
GRE Renew Enertech IPO opens on Jan 13, 2026, while Ikeda IPO opens on . The closing date of GRE Renew Enertech IPO and Ikeda IPO is Jan 16, 2026, and , respectively.
| GRE Renew Enertech IPO | Ikeda IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2026 | |
| Issue Open | Jan 13, 2026 | |
| Issue Close | Jan 16, 2026 | |
| Basis Of Allotment (Tentative) | Jan 19, 2026 | |
| Initiation of Refunds (Tentative) | Jan 20, 2026 | |
| Credit of Share (Tentative) | Jan 20, 2026 | |
| Listing date (Tentative) | Jan 21, 2026 | |
| Anchor Lockin End date 1 | Feb 18, 2026 | |
| Anchor Lockin End date 2 | Apr 19, 2026 |
GRE Renew Enertech IPO P/E ratio is 15.72, as compared to Ikeda IPO P/E ratio of .
| GRE Renew Enertech IPO | Ikeda IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.06 | 54.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹150.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.89 | 34.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.60 | 27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | 0.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.89 | 31.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GRE Renew Enertech IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Ikeda IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered 7,14,000 shares in GRE Renew Enertech IPO and in Ikeda IPO.
| GRE Renew Enertech IPO | Ikeda IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,62,000 shares | |
| Market Maker Reservation | 1,92,000 shares | |
| QIB | 7,14,000 shares | |
| NII | 5,40,000 shares | |
| RII | 12,60,000 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 35,76,000 shares |
GRE Renew Enertech IPO subscribed 16.53x in total, whereas Ikeda IPO subscribed .
| GRE Renew Enertech IPO | Ikeda IPO | |
|---|---|---|
| QIB (times) | 14.69x | |
| NII (times) | 24.67x | |
| Big NII (times) | 27.99x | |
| Small NII (times) | 18.02x | |
| RII (times) | 14.10x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.53x |