The GRE Renew Enertech share price made a subdued entry into the stock market today, opening below its IPO price and quickly hitting the 5% lower circuit. The stock debuted on the BSE SME on January 21, 2026, after a high-interest subscription phase during the IPO. However, the first trading session reflected caution and weak market sentiment.
Investors witnessed a short-lived rally, but selling pressure soon dominated, pulling the stock lower. For many, it was a reminder that even well-subscribed IPOs can face volatility on the first day of listing.
Market Performance: A Tepid Debut
GRE Renew Enertech started its journey in the stock market with a discount, setting a cautious tone.
- Listing price: ₹96 per share
- IPO issue price: ₹105 per share
- Listing discount: 8.57%
Initially, there was a small uptick in price as buyers tried to push the stock higher.
- Day’s high: ₹99 per share
But the gains were short-lived. The stock soon slid and hit the 5% lower circuit at:
- Lower circuit price: ₹91.20 per share
- Decline from IPO price: 13.14%
- Decline from listing price: 5%
By mid-morning, 10:50 AM, the stock remained locked at ₹91.20, showing strong selling momentum and limited recovery during early trade.
Main News: Listing Falls Short of Market Optimism
The debut of GRE Renew Enertech shares was closely watched. The public issue had drawn strong interest, but the listing price came in below expectations, reflecting cautious sentiment in the stock market today.
Even with a robust subscription during the IPO, the stock’s early trading session underlined how listing-day dynamics can differ from IPO demand. SME listings, in particular, often face sharp swings when investor sentiment is soft.
Company & IPO Details: Key Numbers to Know
GRE Renew Enertech’s IPO raised fresh capital and saw solid investor participation. Here’s the breakdown:
- IPO opening date: January 13, 2026
- IPO closing date: January 16, 2026
- Allotment finalised: January 19, 2026
- Listing date: January 21, 2026
- Exchange: BSE SME
Fundraising Highlights
- Total amount raised: ₹39.56 crore
- Type of issue: Fully fresh issue
- Equity shares issued: 37.68 lakh
- Price band: ₹100 – ₹105 per share
Subscription Snapshot
The IPO attracted attention across all investor categories:
- Overall subscription: 16.53 times
- Retail investors: 14.10 times
- Qualified Institutional Buyers (QIBs): 14.69 times
- Non-Institutional Investors (NII): 24.67 times
Issue Management
- Book running lead manager: Share India Capital Services Pvt. Ltd.
- Registrar: Maashitla Securities Pvt. Ltd.
Summary: GRE Renew Enertech Share Price Faces Early Headwinds
The first day of trading for GRE Renew Enertech share price highlighted the challenges new SME listings can face. Despite strong IPO subscriptions, the stock opened at a discount and quickly reached the 5% lower circuit, reflecting cautious investor sentiment.
The session also illustrated how short-term market dynamics can diverge from the optimism seen during IPO subscription, especially when the broader stock market today is soft.
For investors and market watchers, GRE Renew Enertech’s debut serves as a real-world reminder: first-day listing performance can be unpredictable, and early trading swings often dominate the narrative for SME stocks.
Source: Livemint
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