Mumbai, Jan. 21 -- 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.

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