GRE Renew Enertech Ltd

GRE Renew Enertech Limited, formerly GRE Renew Enertech Private Limited, announced it received orders totaling Rs 25,56,33,495 between September 1st and September 15th, 2026, for ground-mounted solar EPC projects under captive schemes. The orders, received from domestic entities, encompass design, engineering, supply, installation, testing, and commissioning of various solar power plants ranging from 550 kW (AC) to 1500.00 kW (AC), with an approximate execution period of six months. The company clarified that these orders are routine and do not represent a change to its business model or risk profile.

GRE Renew Enertech Limited announced it received orders totaling Rs 24,88,37,335 between August 16th and August 31st, 2026, representing business developments in the ordinary course of its operations. The orders, primarily for ground-mounted and rooftop solar EPC (Engineering, Procurement, and Construction) projects, encompass design, engineering, supply, installation, testing, and commissioning services, with execution periods ranging from approximately three to six months. The company clarified that these orders are routine and do not significantly alter its business model, risk profile, or financial position, and that previously disclosed orders have been excluded from the aggregate value.

GRE Renew Enertech Ltd. is down 3.35% to Rs 167.5 today, adding to recent declines that have seen the stock slip 5.10% over the last one week. GRE Renew Enertech Limited (formerly GRE Renew Enertech Private Limited) announced it has received orders totaling Rs 5,04,53,771 from URJASOL ENERGY PRIVATE LIMITED between August 1st and August 15th, 2026, for the design, engineering, supply, installation, testing & commissioning of a 1666.56 kW (DC)/1200 kW(AC) grid-connected ground-mounted seasonal tilt solar power plant under a third-party sale scheme, with an approximate execution period of six months; the company clarified that these orders are routine and do not represent entry into a new business segment or change the company’s risk profile, financial position, or operational strategy. Trading volume reached 1200 shares today, a decrease of 98.15% compared to the one-week average volume. GRE Renew Enertech Ltd remained flat year-over-year, outperforming the NIFTY50 index's 2.37% loss.

GRE Renew Enertech Ltd announced that CRISIL Ratings Limited has assigned the following credit ratings to the bank facilities of the company: a Long-term Rating of CRISIL BBB- /Stable and a Short-term Rating of CRISIL A3, both assigned on July 31, 2026, with a total bank facilities rated at Rs 35.00 Crore; no other rating agencies are mentioned, and this assignment represents an initial rating action for these instruments, with the Rating Rationale dated July 31, 2026 available on the CRISIL Ratings Limited website and the company’s website at www.greindia.com.

GRE Renew Enertech has received orders worth Rs 23.99 crore during the period from 01 July 2026 to 15 July 2026. With these, the company's aggregate order book stands at Rs 248 crore.

GRE Renew Enertech will hold a meeting of the Board of Directors of the Company on 23 May 2026.

GRE Renew Enertech has received multiple orders from domestic entities for execution of Engineering, Procurement and Construction (EPC) solar contracts on a turnkey basis. The aggregate value of the said orders is Rs 19.27 crore. Powered by Capital Market - Live

The scrip was listed at Rs 96, a discount of 8.57% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 99 and a low of Rs 91.20. About 9.26 lakh shares of the company changed hands at the counter. GRE Renew Enertech's IPO was subscribed 15.43 times. The issue opened for bidding on 13 January 2026 and it closed on 16 January 2026. The price band of the IPO was set at Rs 100 to Rs 105 per share. The IPO comprised fresh issue of 37,68,000 equity shares. The company intends to utilised the net proceeds for setting up of 7.20 MW (AC) / 9.99 MW (DC) ground mounted solar power plant and general corporate purposes. Ahead of the IPO, GRE Renew Enertech 12 January 2025, raised Rs 11.15 crore from anchor investors. The board allotted 10.62 lakh shares at Rs 105 each to 9 anchor investors. GRE Renew Enertech provides solar energy solutions to industrial and commercial customers through two operating models: CAPEX and RESCO. Under the CAPEX model, customers fund the project while the company handles engineering, procurement, construction and operations. Under the RESCO model, GRE Renew Enertech develops, owns and operates solar projects, supplying power to consumers at pre-agreed tariffs while retaining ownership of the assets, including rooftop installations and proposed ground-mounted projects. The company is planning to develop a 7.20 MW (AC) or 9.99 MW (DC) ground-mounted solar power project as part of its expansion under the RESCO model. As of 30 September 2025, the company had employed 48 employees. The company recorded revenue from operations of Rs 43.80 crore and net profit of Rs 4 crore for the period ended 30 September 2025. Powered by Capital Market - Live

The equity shares of GRE Renew Enertech'(Scrip Code: 544682) are listed effective 21 January 2026'and admitted to dealings on the exchange in the list of ''MT'' group securities. At 09:31 IST, the pre-open indicative price of the stock was at a discount of 20% to the IPO price of Rs 105. Powered by Capital Market - Live