IPO Guru

IPO Listed — 21 Jan 2026

Listing Price: ₹96

vs Issue Price ₹105 ₹-9 (-8.57%)

GRE Renew Enertech SME IPO GMP History | Listing Price ₹96 & Kostak Rate

IPO
Final GMP
₹ 1
1%
Final Kostak
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0
Final Sub. to Sauda
Retail ₹ 900
SHNI ₹ 0
BHNI ₹ 0

GRE Renew Enertech SME IPO has been listed on January 21, 2026 at a listing price of ₹96, against the issue price of ₹105 — a loss of ₹9 (-8.57%). The GMP peaked at ₹9 on 12 January 2026 and reached a low of ₹1 on 21 January 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

GRE Renew Enertech SME IPO raised ₹₹40 Cr. Cr. through its IPO at a price band of ₹₹100 to ₹105 per share, with a lot size of 2,400 shares. The IPO was open for subscription from 13 Jan 2026 to 16 Jan 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
21 Jan 2026 ₹ 1 1% ₹ 0 ₹ 900
20 Jan 2026 ₹ 6 6% ₹ 0 ₹ 5500
15 Jan 2026 ₹ 7 7% ₹ 0 ₹ 6400
14 Jan 2026 ₹ 7 7% ₹ 0 ₹ 6400
13 Jan 2026 ₹ 7 7% ₹ 0 ₹ 6400
12 Jan 2026 ₹ 9 9% ₹ 0 ₹ 8200
10 Jan 2026 ₹ 9 9% ₹ 0 ₹ 8200
09 Jan 2026 ₹ 9 9% ₹ 0 ₹ 8200

GRE Renew Enertech SME IPO Dates

Event Date
Open Date 13 Jan, 2026
Close Date 16 Jan, 2026
Allotment Date 19 Jan, 2026
Refund Date 20 Jan, 2026
Credit to Demat 20 Jan, 2026
Listing Date 21 Jan, 2026

GRE Renew Enertech SME IPO Actual Listing Price

Basis Value
Issue Price ₹105
Actual Listing Price ₹96 (-8.57%)
Listing Gain / Loss ₹-9 per share
Listing Date 21 Jan, 2026

Is GRE Renew Enertech SME IPO GMP Reliable?

Grey market premium for GRE Renew Enertech SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the GRE Renew Enertech SME IPO full review for a fundamentals-based assessment before making any grey market trades.

GRE Renew Enertech SME IPO IPO Kostak Rate Explained

The Kostak rate for GRE Renew Enertech SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was Retail: ₹900, SHNI: ₹, BHNI: ₹. Unlike Kostak, Subject to Sauda only applies if you receive allotment.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About GRE Renew Enertech SME IPO

GRE Renew Enertech is a renewable energy company focused on providing sustainable power solutions, particularly in the solar energy segment. The company was established with the objective of supporting India’s transition towards clean energy and has gradually built its presence by executing projects across commercial, industrial, and utility-scale segments. Backed by experienced promoters with domain knowledge in engineering and energy sectors, the company has developed capabilities in project execution and energy management.

The company offers services such as solar EPC (engineering, procurement, and construction), operation and maintenance, and customised energy solutions for clients. Its business model revolves around end-to-end project delivery along with long-term service contracts, ensuring recurring revenue streams. GRE Renew Enertech primarily operates in India, catering to businesses seeking cost-efficient and sustainable energy alternatives while also exploring opportunities to expand its footprint in the renewable energy market.

Frequently Asked Questions about GRE Renew Enertech SME IPO

What is the GMP of GRE Renew Enertech SME IPO?

The current Grey Market Premium (GMP) of GRE Renew Enertech SME IPO is ₹ 1.

What is the Kostak Price of GRE Renew Enertech SME IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for GRE Renew Enertech SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What is the Subject to Sauda Price of GRE Renew Enertech SME IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 900, SHNI: ₹ 0, BHNI: ₹ 0.

What was the actual listing price of GRE Renew Enertech SME IPO?

GRE Renew Enertech SME IPO listed on January 21, 2026 at ₹96, against the issue price of ₹105 — a loss of -8.57%.

How did the GMP of GRE Renew Enertech SME IPO trend before listing?

The GMP of GRE Renew Enertech SME IPO was falling in its final days before listing. The GMP peaked at ₹9 on 12 January 2026. View the day-wise table above for the complete GMP history.

Explore GRE Renew Enertech SME IPO Further

For a complete picture before making your investment decision, explore these resources:

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