IPO

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

Greenhitech Ventures Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved597,000597,0001,194,000
Day 1 - 12-04-24 06:00 PM6.56 x25.10 x15.83 x
Day 2 - 15-04-24 06:00 PM70.56 x147.06 x108.86 x
Day 3 - 16-04-24 06:00 PM942.60 x597.41 x770.01 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

RoNW

7.80%

Greenhitech Ventures Limited Company Financials All values are in ₹ Lakh

31-Jan-2431-Mar-2331-Mar-2231-Mar-21
Assets2,677.752,708.063,188.772,378.58
Profit After Tax35.6457.23135.1424.39

About The Company

Incorporated in November 2011, Greenhitech Ventures Limited trades various petroleum-based products tailored to diverse industry needs, including biofuels, bitumen, and furnace oils.The company actively engages in the operation and maintenance of ethanol manufacturing in government-owned distilleries.

Greenhitech Ventures Limited is a non-governmental company that provides business solutions to consumers of fuels and alternative materials across India.The company is well-known in the Purvanchal belt of Uttar Pradesh, India, and emphasizes Effective, Efficient, and Economical principles in all its services and supplies.

The company's main office is located in Jawahar Nagar Colony, Bhelupura, Varanasi.

As on January 31, 2024 the Company employs 68 people including KMPs on payroll.

Read More

Greenhitech Ventures Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.19%

Company Promoter(s)

  1. Mr. Naved Iqbal
  2. Mr. Mohammad Nadeem

Greenhitech Ventures Limited IPO - Issue Objectives

  1. To Meet Working Capital Requirement
  2. 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.