Greenhitech Ventures Limited IPO
BSE SMEListed On: Apr 22, 2024 at ₹ 95.0
₹ 300000 /6000 Shares
*Min Investment
12 Apr, 2024
Open Date16 Apr, 2024
Close Date18 Apr, 2024
Allotment Date22 Apr, 2024
Listing DateGreenhitech Ventures Limited IPO Issue Details
- Issue Price ₹50 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 12,60,000 shares(aggregating up to ₹6.3 crore)
- Fresh Share 12,60,000 shares(aggregating up to ₹6.3 crore)
- Listing at BSE SME
- List Price 95.0
- Listing Date 2024-04-22
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,50,000 |
| Retail(max) | 1 | 3000 | ₹1,50,000 |
| NII (min) | 2 | 6000 | ₹3,00,000 |
Greenhitech Ventures Limited IPO Reservation
Greenhitech Ventures Limited IPO offers total 1,260,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,597,000 (47.38%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 66,000 (5.24%) | |
| Retail Shares Offered | 597,000 (47.38%) | |
| Total Shares Offered | 1,260,000 (100%) |
Greenhitech Ventures Limited IPO Details
Greenhitech Ventures Limited IPO is an SME IPO, priced at ₹50 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 12,60,000 equity shares, aggregating up to ₹6.3 crores..
The IPO bidding window is open from Apr 12, 2024 to Apr 16, 2024. The allotment is expected to be finalized on Apr 18, 2024, and the tentative listing date is Apr 22, 2024.
The minimum lot size for Retail investors is 3000 shares, with a minimum investment of ₹1,50,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 3,00,000.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Greenhitech Ventures Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 597,000 | 597,000 | 1,194,000 |
Day 1 12-04-24 06:00 PM | 6.56 x | 25.10 x | 15.83 x |
Day 2 15-04-24 06:00 PM | 70.56 x | 147.06 x | 108.86 x |
Day 3 16-04-24 06:00 PM | 942.60 x | 597.41 x | 770.01 x |
Greenhitech Ventures Limited Valuations
Greenhitech Ventures Limited Company Financials
| 31-Jan-24 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|---|
| Assets | 2,677.75 | 2,708.06 | 3,188.77 | 2,378.58 |
| Revenue | 335.67 | 2,504.35 | 6,611.58 | 4,007.69 |
| Profit After Tax | 35.64 | 57.23 | 135.14 | 24.39 |
| Net Worth | 456.64 | 315.45 | 322.45 | 140.99 |
| Reserves & Surplus | 112.64 | N/A | N/A | N/A |
| Total Borrowing | 431.71 | 347.07 | 150.14 | 114.60 |
About Greenhitech Ventures Limited Company
Greenhitech Ventures Limited incorporated in November 2011 engages in the sale of various petroleum-based commodities customized for various industrial applications, including biofuels, bitumen, and furnace oils. The company is currently operating and maintaining ethanol manufacturing in government-owned distilleries.
Greenhitech Ventures Limited is a non-governmental company that offers business solutions to consumers of fuels and alternative materials all over India. The company is well known in the Purvanchal belt of Uttar Pradesh, India, and has Effective, Efficient, and Economical principles in all its services and supplies.
The Company's head office is located in Jawahar Nagar Colony, Bhelupura, Varanasi.
As of January 31, 2024, the Company employs 68 people including KMPs on payroll.
Greenhitech Ventures Limited - Promoter(s)
Mr. Naved Iqbal
Mr. Mohammad Nadeem
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.19%
Greenhitech Ventures Limited IPO - Issue Objectives
To Meet Working Capital Requirement
General Corporate Expenses
Contact Details
Greenhitech Ventures Limited
B27/92 K1 Jawahar Nagar Colony, Bhelupura, Varanasi -221010
+91 9336875025
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Greenhitech Ventures Limited IPO - FAQs
Ans. Greenhitech Ventures Limited IPO is a SME IPO. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Apr 12, 2024, and closes on Apr 16, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Greenhitech Ventures Limited IPO opens on Apr 12, 2024 and closes on Apr 16, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Greenhitech Ventures Limited IPO is 1,260,000 shares(aggregating up to ₹6.30 Cr).
Ans. The Greenhitech Ventures Limited IPO price band is set between ₹50 per equity share.
Ans. To apply for Greenhitech Ventures Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Greenhitech Ventures Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Greenhitech Ventures Limited IPO is Apr 18, 2024.
Ans. The Greenhitech Ventures Limited IPO will be listed on Apr 22, 2024.
Ans. Follow the steps to check the Greenhitech Ventures Limited IPO allotment status online.
