Greenhitech Ventures Limited IPO
Greenhitech Ventures Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹50 per share. The stock debuted at ₹95, delivering a listing gain of 90.0%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,50,000.
Greenhitech Ventures Limited IPO
- IPO Dates
- Apr 12, 2024 – Apr 16, 2024
- Price band
- ₹50 per equity share
- Minimum Investment
- ₹1,50,000
- Issue size
- ₹6.3 Cr
- Lot size
- 3000
- Allotment Date
- Apr 18, 2024
- Listing
- Apr 22, 2024
- Listing At
- BSE SME
IPO timeline
-
Apr 12, 2024
Open Date
Completed
-
Apr 16, 2024
Close Date
Completed
-
Apr 18, 2024
Allotment Date
Completed
-
Apr 22, 2024
Listing Date
Completed
Greenhitech Ventures Limited IPO Essentials
Greenhitech Ventures Limited IPO Details
Greenhitech Ventures Limited IPO is priced at ₹50 per share with a total issue size of 6.3 crore. The IPO has a lot size of 3000 shares and is listed on BSE SME.
- Issue price
- ₹50 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,260,000 shares(aggregating up to ₹6.30 Cr)
- Total issue size
- 12,60,000 shares
(aggregating up to ₹6.3 crore) - Fresh issue
- 12,60,000 shares
(aggregating up to ₹6.3 crore) - Listing at
- BSE SME
- List price
- 95.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt 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 reservation details show category-wise allocation of shares. Out of the total 1,260,000 shares, approximately 47.38% for retail investors, and 5.24% for market maker.
| 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 Analytics
Greenhitech Ventures Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Greenhitech Ventures Limited IPO Subscription Status
Greenhitech Ventures 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 | 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
Earnings
- EPS Pre IPO
- ₹1.66/-
- EPS Post IPO
- ₹0.91/-
- P/E Pre IPO
- 30.05
- P/E Post IPO
- 54.95
Returns
- ROE
- 8.17%
- ROCE
- 17.19%
- RoNW
- 7.80%
- PAT Margin
- 10.62
Fundamentals
- Debt / Equity
- 0.95
- Price / Book
- 3.77
Greenhitech Ventures Limited Financials( In Lakhs)
| 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 |
Greenhitech Ventures Limited Company & Offer Insights
About Greenhitech Ventures Limited
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 are the company's promoters of Greenhitech Ventures Limited.
Greenhitech Ventures Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirement
- •
- General Corporate Expenses
Contact Information
Contact Details
Greenhitech Ventures Limited
+91 9336875025
B27/92 K1 Jawahar Nagar Colony, Bhelupura, Varanasi -221010
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Greenhitech Ventures Limited IPO is a Fixed Priced IPO worth ₹6.3 crore. The issue price is ₹50 per share (fixed price). The IPO opens on Apr 12, 2024 and closes on Apr 16, 2024. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Greenhitech Ventures Limited IPO is ₹50 per share (fixed price).
The lot size of Greenhitech Ventures Limited IPO is 3000 shares.
The minimum investment for Greenhitech Ventures Limited IPO is approximately ₹1,50,000 based on the issue price .
Greenhitech Ventures Limited IPO opens on Apr 12, 2024 and closes on Apr 16, 2024.
The allotment date of Greenhitech Ventures Limited IPO is Apr 18, 2024.
Greenhitech Ventures Limited IPO is expected to be listed on Apr 22, 2024, on BSE SME Platform.
Greenhitech Ventures Limited IPO valuation snapshot: P/E 54.95, EPS ₹0.91/-, P/B 3.77, RoNW 7.80%, and market cap N/A.
To apply for Greenhitech Ventures 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 Greenhitech Ventures 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 Greenhitech Ventures Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Greenhitech Ventures Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Greenhitech Ventures Limited IPO allotment status on IPO Ji for quick and easy access.