Gretex Corporate Services Signs Mandate with Maharashtra-Based EV Company for Stock Exchange Listing
Gretex Corporate Services Limited signed a mandate with a Maharashtra-based electric vehicles manufacturing and distribution company for a proposed listing on the SME Platform of BSE or the Emerge Platform of NSE. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015 on May 06, 2026, and was submitted by Compliance Officer Bhavna Desai (Membership No. A31586).

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Gretex Corporate Services Limited has signed a mandate with a company engaged in the manufacturing and distribution of electric vehicles and related components, based in Maharashtra. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to the stock exchanges on May 06, 2026.
Mandate Details
The key details of the mandate are outlined below:
| Parameter: | Details |
|---|---|
| Client Company Sector: | Manufacturing & Distribution of Electric Vehicles and Related Components |
| Client Company Location: | Maharashtra |
| Proposed Listing Platform: | SME Platform of BSE or Emerge Platform of NSE |
| Disclosure Regulation: | Regulation 30 of SEBI (LODR) Regulations, 2015 |
| Date of Intimation: | May 06, 2026 |
Regulatory Disclosure
The intimation was filed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to disclose material developments to the stock exchanges in a timely manner. The disclosure was signed and submitted by Bhavna Desai, Group Company Secretary and Compliance Officer of Gretex Corporate Services Limited, bearing Membership No. A31586.
Proposed Listing
The client company, operating in the electric vehicles manufacturing and distribution space, is proposed to be listed on either the SME Platform of BSE or the Emerge Platform of NSE. The mandate signals Gretex Corporate Services' continued activity in providing investment banking and listing advisory services to companies in the emerging manufacturing sector.
Historical Stock Returns for Gretex Corporate Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.74% | +4.45% | +11.31% | +46.72% | +19.11% | +19.11% |
How might the increasing competition in India's EV SME listing space affect the valuation multiples and investor appetite for this Maharashtra-based EV manufacturer's IPO?
Could this mandate signal a broader trend of EV component manufacturers in Maharashtra seeking capital market access, and what does this mean for Gretex's investment banking pipeline?
What regulatory or policy tailwinds from India's EV adoption targets could influence the success of this company's listing on BSE SME or NSE Emerge platforms?


































