Initial Public
Offer (IPO)

Upscale your company with experts in financial guidance. Navigate the IPO journey seamlessly with our strategic insights and proven expertise.

Executing Open Offers Under SEBI (SAST) Regulations

Gretex Corporate Services Team

Gretex Corporate Services Limited acts as Manager to the Offer in open offer and public acquisition transactions under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. We support acquirers and target companies through structured execution, regulatory disclosures, documentation, and coordination across all stages of the transaction lifecycle.

Our approach is grounded in procedural discipline, timely compliance, and transparent communication, ensuring that open offer processes are conducted in accordance with applicable regulatory frameworks while facilitating efficient change in ownership and shareholder protection.

57+

Companies listed on exchanges

Ensuring disciplined execution of control transactions across companies.


30+

Industry Sectors Represented

Delivering compliant and structured open offer execution across diverse industries.


10+

Years of Capital Markets Experience

Delivering compliant and structured open offer execution across diverse industries.

Recent Transactions

Company Name
Acetech E Commerce Limited
SME IPO
Issue Size: ₹TBD Cr
Listed: TBD
SECTOR
E-Commerce
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
Brandman Retail Limited
SME IPO
Issue Size: ₹86.09 Cr
Listed: 11th Feb 2026
SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Flywings Simulator Training Centre Limited

Book Building

Issue Size: ₹93.70 Cr

Listed: 8th Oct 2024

SECTOR
Professional & Business Education
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Munish Forge Limited

Book Building

Issue Size: ₹73.92 Cr

Listed: 8th Oct 2025

SECTOR
Homebuilding & Construction Supplies
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

M P K Steels (I) Limited

Book Building

Issue Size: ₹25.74 Cr

Listed: 6th Oct 2025

SECTOR
Metals & Mining
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Taurian MPS Limited
Book Building
Issue Size: ₹41.19 Cr
Listed: 29th Aug 2025
SECTOR
Metals & Mining
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
ARC Insulation Limited
Book Building
Issue Size: ₹41.19 Cr
Listed: 29th Aug 2025
SECTOR
Chemicals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Sellowrap Industries Limited

Book Building

Issue Size: ₹30.28 Cr

Listed: 1st Aug 2025

SECTOR
Specialty Retailers
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
Silky Overseas Limited
Book Building
Issue Size: ₹30.68 Cr
Listed: 7th Jul 2025
SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Moving Media Entertainment Limited

Book Building

Issue Size: ₹43.40 Cr

Listed: 3rd Jul 2025

SECTOR
Computers, Phones & Household Electronics
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
Retaggio Industries Limited
Fixed Price
Issue Size: ₹15.50 Cr
Listed: 7th Apr 2025
SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Rapid Fleet Management Limited

Book Building

Issue Size: ₹43.87 Cr

Listed: 28th Mar 2025

SECTOR
Freight & Logistics Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Subam Papers Limited

Book Building

Issue Size: ₹93.70 Cr

Listed: 8th Oct 2024

SECTOR
Paper & Forest Products
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Paramount Dye Tec Limited
Book Building
Issue Size: ₹28.43 Cr
Listed: 8th Oct 2024
SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Rapid Multimodal Logistics Limited

Fixed Price

Issue Size: ₹8.49 Cr

Listed: 30th Aug 2024

SECTOR
Freight & Logistics Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Associated Coaters Limited

Fixed Price

Issue Size: ₹5.11 Cr

Listed: 6th Jun 2024

SECTOR
Metals & Mining
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Akme Fintrade (India) Limited

Book Building

Issue Size: ₹132.00 Cr

Listed: 26th Jun 2024

SECTOR
Banking Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Owais Metal & Mineral Processing Limited

Book Building

Issue Size: ₹42.69 Cr

Listed: 4th Mar 2024

SECTOR
Chemicals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Zenith Drugs Limited

Book Building

Issue Size: ₹40.68 Cr

Listed: 27th Feb 2024

SECTOR
Pharmaceuticals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Interiors & More Limited

Book Building

Issue Size: ₹42.00 Cr

Listed: 23rd Feb 2024

SECTOR
Food & Tobacco
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
AMIC Forging Limited
Book Building
Issue Size: ₹34.80 Cr
Listed: 6th Dec 2023
SECTOR
Metals & Mining
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Kalyani Cast Tech Limited

Book Building

Issue Size: ₹30.11 Cr

Listed: 17th Nov 2023

SECTOR
Containers & Packaging
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Transteel Seating Technologies Limited
Book Building
Issue Size: ₹49.98 Cr
Listed: 6th Nov 2023
SECTOR
Professional & Commercial Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name

Shelter Pharma Limited

Fixed Price

Issue Size: ₹16.03 Cr

Listed: 23rd Aug 2023

SECTOR
Pharmaceuticals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Comrade Appliances Limited
Book Building
Issue Size: ₹12.30 Cr
Listed: 13th Jun 2023
SECTOR
Machinery, Equipment & Components
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Innokaiz India Limited

Book Building

Issue Size: ₹21.17 Cr

Listed: 11th May 2023

SECTOR
Media & Publishing
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Retina Paints Limited

Fixed Price

Issue Size: ₹11.10 Cr

Listed: 3rd May 2023

SECTOR
Chemicals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Sudarshan Pharma Industries Limited

Fixed Price

Issue Size: ₹?? Cr

Listed: ??

SECTOR
Pharmaceuticals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
ResGen Limited
Fixed Price
Issue Size: ₹28.20 Cr
Listed: 13th Mar 2023
SECTOR
Oil & Gas
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Steelman Telecom Limited
Fixed Price
Issue Size: ₹26.02 Cr
Listed: 10th Oct 2022
SECTOR
Construction & Engineering
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Reetech International Cargo & Courier Limited

Fixed Price

Issue Size: ₹11.71 Cr

Listed: 10th Oct 2022

SECTOR
Coal
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Shantidoot Infra Limited

Fixed Price

Issue Size: ₹4.02 Cr

Listed: 19th Sep 2022

SECTOR
Construction & Engineering
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

B-Right Realestate Limited

Fixed Price

Issue Size: ₹44.36 Cr

Listed: 13th Jul 2022

SECTOR
Real Estate Operations
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Jayant Infratech Limited
Fixed Price
Issue Size: ₹6.19 Cr
Listed: 13th Jul 2022
SECTOR
Construction & Engineering
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Sailani Tours N Travels Limited

Fixed Price

Issue Size: ₹1.90 Cr

Listed: 8th Jul 2022

SECTOR
??
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Goel Food Products Limited

Fixed Price

Issue Size: ₹7.21 Cr

Listed: 28th Jun 2022

SECTOR
Hotels & Entertainment Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Clara Industries Limited
Fixed Price
Issue Size: ₹3.02 Cr
Listed: 29th Dec 2021
SECTOR
Containers & Packaging
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Markolines Traffic Controls Limited

Fixed Price

Issue Size: ₹40.00 Cr

Listed: 27th Sep 2021

SECTOR
Transport Infrastructure
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Platinumone Business Services Limited
Fixed Price
Issue Size: ₹3.89 Cr
Listed: 16th Sep 2021
SECTOR
Professional & Commercial Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

NIKS Technology Limited

Fixed Price

Issue Size: ₹2.01 Cr

Listed: 31st Mar 2021

SECTOR
Software & IT Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
G M Polyplast Limited
Fixed Price
Issue Size: ₹8.09 Cr
Listed: 14th Oct 2020
SECTOR
Chemicals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Billwin Industries Limited

Fixed Price

Issue Size: ₹2.46 Cr

Listed: 30th Jun 2020

SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Anuroop Packaging Limited
Fixed Price
Issue Size: ₹2.64 Cr
Listed: 21st Nov 2019
SECTOR
Containers & Packaging
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

Misquita Engineering Limited

Fixed Price

Issue Size: ₹1.93 Cr

Listed: 4th Oct 2019

SECTOR
Machinery, Equipment & Components
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name

BCPL Railway Infrastructure Limited

Fixed Price

Issue Size: ₹17.01 Cr

Listed: 29th Oct 2018

SECTOR
Transport Infrastructure
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
B&B Triplewall Containers Limited
Fixed Price
Issue Size: ₹19.99 Cr
Listed: 15th Oct 2018
SECTOR
Containers & Packaging
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
Mac Hotels Limited
Fixed Price
Issue Size: ₹1.94 Cr
Listed: 4th Oct 2018
SECTOR
Hotels & Entertainment Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Aaron Industries Limited
Fixed Price
Issue Size: ₹4.78 Cr
Listed: 3rd Sep 2018
SECTOR
Machinery, Equipment & Components
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
Deep Polymers Limited
Fixed Price
Issue Size: ₹15.24 Cr
Listed: 24th Aug 2018
SECTOR
Chemicals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Suumaya Lifestyle Limited
Fixed Price
Issue Size: ₹13.84 Cr
Listed: 4th Jun 2018
SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
NSE
Company Name
Kids Medical Systems Limited
Fixed Price
Issue Size: ₹6.00 Cr
Listed: 22nd Dec 2017
SECTOR
Healthcare Providers & Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Diggi Multitrade Limited
Fixed Price
Issue Size: ₹3.38 Cr
Listed: 22nd Dec 2017
SECTOR
Real Estate Operations
TRANSACTION ROLE
Sole Book Running Lead Manager
Exchange
BSE
Company Name
Siddharth Education Services Limited
Book Building
Issue Size: ₹10.88 Cr
Listed: 12th Oct 2017
SECTOR
??
TRANSACTION ROLE
Sole Book Running Lead Manager
Exchange
BSE
Company Name
Sagar Diamonds Limited
Book Building
Issue Size: ₹15.21 Cr
Listed: 26th Sep 2017
SECTOR
Textiles & Apparel
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
A & M Febcon Limited
Fixed Price
Issue Size: ₹6.68 Cr
Listed: 14th Sep 2017
SECTOR
Industrial Products
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Dhruv Wellness Limited
Fixed Price
Issue Size: ₹5.57 Cr
Listed: 12th Sep 2017
SECTOR
Pharmaceuticals
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Riddhi Corporate Services Limited
Fixed Price
Issue Size: ₹12.35 Cr
Listed: 22nd Jun 2017
SECTOR
Professional & Commercial Services
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Yug Decor Limited
Fixed Price
Issue Size: ₹2.88 Cr
Listed: 31st May 2017
SECTOR
Chemicals
TRANSACTION ROLE
Sole Book Running Lead Manager
Exchange
BSE
Company Name
Jash Dealmark Limited
Fixed Price
Issue size: ₹5.40 Cr
Listed: 27th Mar 2017
SECTOR
Manufacturing
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE
Company Name
Veeram Ornaments Limited
Fixed Price
Issue size: ₹5.12 Cr
Listed: 5th Jan 2017
SECTOR
Gems & Jewellery
TRANSACTION ROLE
Book Running Lead Manager
Exchange
BSE

Strategic Insights

Subscribe to our newsletter for the latest insights, updates, and industry news delivered straight to your inbox.

By submitting this information, you agree that the information you are providing is subject to Gretex Corporate Services Limited's privacy policy and Terms of Conditions. You consent to receive our newletter via email.