Comparison between GRE Renew Enertech IPO and Integrity Infrabuild IPO.
GRE Renew Enertech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Integrity Infrabuild IPO is a SME Fixed Price proposed to list at NSE SME.
| GRE Renew Enertech IPO | Integrity Infrabuild IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | 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 Integrity Infrabuild IPO is up to ₹11.33 Cr. The final issue price of GRE Renew Enertech IPO is ₹105.00 per share and of Integrity Infrabuild IPO is ₹100.00 per share.
| GRE Renew Enertech IPO | Integrity Infrabuild 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 | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 35,76,000 shares | 11,32,800 shares |
| Fresh Issue Size (Amount) | up to ₹37.55 Cr | up to ₹11.33 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,76,000 shares | 11,32,800 shares |
| Issue Size Total (Amount) | up to ₹37.55 Cr | up to ₹11.33 Cr |
GRE Renew Enertech IPO opens on Jan 13, 2026, while Integrity Infrabuild IPO opens on May 13, 2025. The closing date of GRE Renew Enertech IPO and Integrity Infrabuild IPO is Jan 16, 2026, and May 15, 2025, respectively.
| GRE Renew Enertech IPO | Integrity Infrabuild IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2026 | |
| Issue Open | Jan 13, 2026 | May 13, 2025 |
| Issue Close | Jan 16, 2026 | May 15, 2025 |
| Basis Of Allotment (Tentative) | Jan 19, 2026 | May 16, 2025 |
| Initiation of Refunds (Tentative) | Jan 20, 2026 | May 19, 2025 |
| Credit of Share (Tentative) | Jan 20, 2026 | May 19, 2025 |
| Listing date (Tentative) | Jan 21, 2026 | May 20, 2025 |
| 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 Integrity Infrabuild IPO P/E ratio of 32.68.
| GRE Renew Enertech IPO | Integrity Infrabuild IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.06 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.99 | 72.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.72 | 32.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹150.02 Cr. | ₹43.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.89 | 30.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.60 | 13.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | 3.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.68 | ₹3.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.89 | 30.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GRE Renew Enertech IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Integrity Infrabuild 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 0 shares in Integrity Infrabuild IPO.
| GRE Renew Enertech IPO | Integrity Infrabuild IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,62,000 shares | |
| Market Maker Reservation | 1,92,000 shares | 67,200 shares |
| QIB | 7,14,000 shares | 0 shares |
| NII | 5,40,000 shares | 5,66,400 shares |
| RII | 12,60,000 shares | 5,66,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,76,000 shares | 11,32,800 shares |
GRE Renew Enertech IPO subscribed 16.53x in total, whereas Integrity Infrabuild IPO subscribed 2.17x.
| GRE Renew Enertech IPO | Integrity Infrabuild IPO | |
|---|---|---|
| QIB (times) | 14.69x | |
| NII (times) | 24.67x | 2.09x |
| Big NII (times) | 27.99x | |
| Small NII (times) | 18.02x | |
| RII (times) | 14.10x | 2.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.53x | 2.17x |
