Greenhitech Ventures Limited IPO

BSE SME

Listed On: Apr 22, 2024 at ₹ 95.0

₹ 150000 /3000 Shares

Check Allotment

Greenhitech Ventures Limited IPO Details

12 Apr, 2024

Open Date

16 Apr, 2024

Close Date

18 Apr, 2024

Allotment Date

22 Apr, 2024

Listing Date

Issue Price

₹50 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

95.0

Listing Date

2024-04-22

Market Lot

3000 Shares (₹150,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

1,260,000 shares(aggregating up to ₹6.30 Cr)

Retail Portion

50%

Subscription

770.01 times

IPO Docs

DRHP RHP

The IPO of Greenhitech Ventures Limited is priced at ₹50 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.

Greenhitech Ventures Limited IPO bid opening date is from Apr 12, 2024 and the bid closing date was Apr 16, 2024.
Greenhitech Ventures Limited IPO allotment result will be available on Apr 18, 2024. The tentative listing date for Greenhitech Ventures Limited is Apr 22, 2024.

The total issue size is 1,260,000 shares(aggregating up to ₹6.30 Cr).

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

Total No. of Applications: 1,63,764 (Approx)

Greenhitech Ventures Limited Valuations

EPS Pre IPO

₹1.66/-

EPS Post IPO

₹0.91/-

P/E Pre IPO

30.05

P/E Post IPO

54.95

ROE

8.17%

ROCE

17.19%

Debt/Equity

0.95

RoNW

7.80%

PAT Margin

10.62

Price to Book Value

3.77

Greenhitech Ventures Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.19%

Company Promoter(s)

Mr. Naved Iqbal
Mr. Mohammad Nadeem

Greenhitech Ventures Limited IPO - Issue Objectives

To Meet Working Capital Requirement
General Corporate Expenses

Other Details

Company Contact Details

Greenhitech Ventures Limited

B27/92 K1 Jawahar Nagar Colony, Bhelupura, Varanasi -221010

Phone: +91 9336875025

Email: info@greenhitech.org

Website: https://www.greenhitech.org/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

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. The size of Greenhitech Ventures Limited IPO is 1,260,000 shares(aggregating up to ₹6.30 Cr).

Ans. The IPO price band is set between ₹50 per equity share.

Ans. To apply for Greenhitech Ventures Limited IPO 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 allotment status for Greenhitech Ventures Limited IPO here.