Regreen Excel IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
What is the latest news relating to Regreen Excel IPO?
The IPO document has received Sebi nod and now soon IPO schedule, price and lot are expected to be announced.
What is the latest GMP of Regreen Excel IPO?
Rs. ?
Quality Power IPO Subscriptions
Price Rs. ? Lot ? shares, Net Rs. ? Crore |
|||||
QIB | B HNI X | S HNI X | NII X | RII X | Total X |
Applications: ? / (?x) Amount wise Bids recd. Rs. ? Crore |
What are the promoters of Regreen Excel IPO?
The promoters of the Company are SANJAY SHRINIVASRAO DESAI, TUSHAR VEDU PATIL, ALIMUDDIN AMINUDDIN SAYYED, KIRAN SUDHAKAR GAVALI, ROKESH LUIS MASCARENHAS, SAGAR SATISH RAUT AND PALLAVI SANJAY DESAI
What are the Objects of Regreen Excel IPO?
The Offer consists of fresh issue of capital and an Offer for Sale by the Selling Shareholders.
The Company proposes to utilise the Net Proceeds towards funding of the following objects:
1. Funding capital expenditure requirements of our Company;
2. Re-payment and/or pre-payment, in full or in part, of certain borrowings availed by our Company;
3. Funding margin money requirements for the purpose of availing bank guarantees; and
4. General corporate purposes
What is the business of Regreen Excel?
Regreen Excel is a technology driven EPC company, engaged in designing, manufacturing and supplying ethanol plants. Over the years, it has built end-to-end capabilities in setting-up ethanol plants, across feedstocks such as molasses/ sugarcane syrup, grains or a combination thereof (“Multi Feedstock”), which enables it to provide concept to commissioning solutions to its customers.
As of March 31, 2024, it is the youngest manufacturer and supplier of ethanol plants amongst the leading players in India. It has approximately 37% market share in terms of the total number of EPC projects of ethanol plants undertaken in India since the launch of National Biofuels Policy in 2018 until March 31, 2024. It has approximately 35% market share in terms of total capacity of ethanol projects executed between Fiscal 2018 and Fiscal 2024. It has 34% market share in terms of total revenue from EPC of ethanol projects in India in Fiscal 2024.
In terms of revenue generated by the leading ethanol EPC companies in India, its market share has improved from approximately 23% in Fiscal 2022 to 34% in Fiscal 2024.
Since its inception to July 15, 2024, it has executed 113 Projects across various feedstocks, which consist of 53 molasses based Projects, 57 grains-based Projects and three Multi Feedstock Projects which aggregate to over 14,000 KLPD of ethanol capacity. These 113 Executed Projects comprised supply of 44 distillers dried grains with solubles dryers (“DDGS Dryers”), nine biomass co-generation plants, and 27 water and wastewater zero liquid discharge (“ZLD”) plants.
As of July 15, 2024, it has an Order Book of 64 Ongoing Projects worth ₹34,516.83 million, which aggregate to over 10,000 KLPD of ethanol capacity. The 64 Ongoing Projects are at various stages of execution, and comprise supply of 87 DDGS Dryers, 28 biomass co generation plants, and 42 water and wastewater ZLD plants as of July 15, 2024.
The company has developed ‘E-max’ technology for ethanol and extra neutral alcohol (“ENA”) production to improve efficiency, quality, and reduce energy and water footprint with ZLD.
For more information, click : www.regreenexcel.com
Regreen Excel IPO GMP, Particulars & Guidance
Regreen Excel IPO Details | |
IPO opens ? | ? |
IPO closes on | ? |
Issue Type | Book Built Issue IPO |
Issue Size | ? Shares / Rs ? Crore |
* Fresh Issue | – Shares / Rs 350 Crore |
* Offer for Sale | 11,450,380 Shares / Rs ? Crore |
Face Value per share: | Rs. 5 |
Price Band | Rs. ? |
Retail Discount | Rs 0 per share |
Employee discount | Rs. 0 per share |
Retail Lot Size | ? Shares |
Listing will at | BSE, NSE |
Shares offered | Shares | Rs. in Crore |
QIB (50 %) | ? | ? |
NII (15 %) | ? | ? |
RII (35 %) | ? | ? |
Employees | – | – |
Total Shares | ? | ? |
Retail portion will be oversubscribed by | ? Forms. | |
How to apply in Regreen Excel IPO? | Amount Rs. |
|
Min Retail Application | ? Shares | ? |
Max Retail Application | ? shares | ? |
Small HNI (Min) application | ? Shares | ? |
Small HNI (Max) application | ? Shares | ? |
Big HNI Application | ? Shares | ? |
What is the timetable of the IPO? | |
IPO opens on | 2025 |
IPO Closes on | 2025 |
IPO Allotment on | 2025 |
Unblocking of Asba | 2025 |
Credit of Shares | 2025 |
Listing of Shares | 2025 |
Registered Office of the company | |
Office No 507 & 508, Sr. No. 23P Nandan Probiz, Pune 411045 |
|
Who are the Lead Managers of IPO? IIFL Securities Limited ICICI Securities Limited |
|
Registrar to IPO | |
Link Intime India Pvt Limited |
Regreen Excel IPO Financial & Analytical Ratios | ||||
Year | Total Income | Net Profit | EPS | RoNW |
Rs. in Cr | Rs.in Cr | Rs. | % | |
2021-22 | ||||
2022-23 | ||||
2023-24 | ||||
Book Value of the Share on 31.03.2023 |
Rs. | |||
BV after the FPO | Rs. | ? | ||
Offer Price at Cap | Rs. | ? |
Regreen Excel IPO Ratio Analysis |
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Price /EPS | – |
Price/Book Value Ratio | ? |
Price/BV after IPO | ? |
How Regreen Excel IPO compares with the Peers?
Peer Comparison.
As on date of DRHP | FV | Total | PE |
Rs. | Income | Ratio of | |
Rs. In Cr | |||
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Regreen Excel IPO Guidance by Paresh Gordhandas, CA & Research Analyst.
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