Greenchef Appliances Limited IPO
Greenchef Appliances Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹82–₹87 per share. The stock debuted at ₹104, delivering a listing gain of 19.5%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,39,200.
Greenchef Appliances Limited IPO
- IPO Dates
- Jun 23, 2023 – Jun 27, 2023
- Price band
- ₹82-87 per equity share
- Minimum Investment
- ₹1,39,200
- Issue size
- 6,163,200 shares(aggregating up to ₹53.62 Cr)
- Lot size
- 1600
- Allotment Date
- Jul 3, 2023
- Listing
- Jul 6, 2023
- Listing At
- NSE SME
IPO timeline
-
Jun 23, 2023
Open Date
Completed
-
Jun 27, 2023
Close Date
Completed
-
Jul 3, 2023
Allotment Date
Completed
-
Jul 6, 2023
Listing Date
Completed
Greenchef Appliances Limited IPO Essentials
Greenchef Appliances Limited IPO Details
Greenchef Appliances Limited IPO is priced at ₹82-87 per share with a total issue size of 6,163,200 shares(aggregating up to ₹53.62 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹82-87 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,163,200 shares(aggregating up to ₹53.62 Cr)
- Listing at
- NSE SME
- List price
- 104.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Hem Securities Limited
Greenchef Appliances Limited IPO Analytics
Greenchef Appliances Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Greenchef Appliances Limited IPO Subscription Status
Greenchef Appliances Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,923,200 / 878,000 | 2,049,600 | 4,099,200 |
|
Day 1
23-06-23 06:00 PM
|
(2.47 / 1.07) x | 1.63 x | 1.96 x |
|
Day 2
26-06-23 06:00 PM
|
(3.21 / 5.64) x | 14.31 x | 7.46 x |
|
Day 3
27-06-23 06:00 PM
|
(42.70 / 96.01) x | 62.58 x | 64.10 x |
Greenchef Appliances Limited Valuations
Earnings
- EPS (Post IPO)
- ₹0.92/-
- P/E Ratio
- 14.87
Returns
- RoNW
- 2.77%
Greenchef Appliances Limited Financials( In Lakhs)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 17,953.59 | 14,223.39 | 12,562.89 |
| Revenue | 33,704.52 | 23,929.33 | 23,807.17 |
| Profit After Tax | 82.09 | 257.10 | 117.26 |
Greenchef Appliances Limited Company & Offer Insights
About Greenchef Appliances Limited
Greenchef Appliances Limited is engaged in the business of manufacturing and marketing kitchen appliances under the brand name Greenchef.
Greenchef's kitchen appliances include Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares like Tawa, Fry Pan, Kadai, Biriyani Pot, Tadka Pan, Paniyarakkal, Appamchetty, Kettles, Hose Pipes, Gas Cylinder Trolley and Spin Mop, etc.
The company sells its products through offline and online platforms such as Flipkart India Private Limited, Jiomart, Bigbasket, and Amazon Seller Services Private Limited.
The company also provides after-sales services in relation to the products. These services include repairs and maintenance of sold goods and installation services. As of December 31, 2022, Greenchef's service team comprises 130 service technicians across 13 states. Further, the company has also appointed 107 authorized service providers across 15 states.
Greenchef Appliances have three manufacturing facilities located in Bengaluru, Karnataka, and one manufacturing facility located at Parwanoo, Himachal Pradesh. The Parwanoo facility is focused on manufacturing Gas Stoves and hose pipes for which the company has also entered into a marketing agreement with oil companies like Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, and Bharat Petroleum Corporation Limited.
As of December 31, 2022, the manufacturing facilities are well connected with five strategically located Carrying and Forwarding (C&F) agents in the state of Rajasthan Maharashtra, Uttar Pradesh, Gujarat, and Bihar. Additionally, as on December 31, 2022, the company has around 450 distributors in 22 states and 3 union territories of India.
Greenchef Appliances Limited Promoter(s)
Mr. Sukhlal Jain, Mr. Praveen Kumar Sukhlal Jain, Mr. Vikas Kumar Sukhlal Jain, Mr. Hitesh Kumar Jain, Mr. Vikas Kumar Sukhlal Jain HUF are the company's promoters of Greenchef Appliances Limited.
Greenchef Appliances Limited IPO Issue Objectives
- •
- Funding Capital Expenditure towards the installation of additional plant and machinery, and the construction of the factory building,
- •
- Funding of working capital requirement
- •
- General Corporate Purpose
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Greenchef Appliances Limited IPO is a book-built IPO worth ₹6,163,200 shares(aggregating up to ₹53.62 Cr). The price band is ₹82–₹87 per share. The IPO opens on Jun 23, 2023 and closes on Jun 27, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Greenchef Appliances Limited IPO is ₹82 to ₹87 per share.
The lot size of Greenchef Appliances Limited IPO is 1600 shares.
The minimum investment for Greenchef Appliances Limited IPO is approximately ₹1,39,200 based on the upper price band .
Greenchef Appliances Limited IPO opens on Jun 23, 2023 and closes on Jun 27, 2023.
The allotment date of Greenchef Appliances Limited IPO is Jul 3, 2023.
Greenchef Appliances Limited IPO is expected to be listed on Jul 6, 2023, on NSE SME Platform.
Greenchef Appliances Limited IPO valuation snapshot: P/E 14.87, EPS ₹0.92/-, P/B N/A, RoNW 2.77%, and market cap N/A.
To apply for Greenchef Appliances Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Greenchef Appliances Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Greenchef Appliances Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Greenchef Appliances Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Greenchef Appliances Limited IPO allotment status on IPO Ji for quick and easy access.