Greenhitech Ventures Limited IPO is an BSE SME IPO. They are going to raise ₹6.30 Crores via IPO. The issue is priced at ₹50 to ₹50 per equity share. The IPO is to be listed on BSE.
Greenhitech Ventures Limited IPO opens for subscription on April 12, 2024, and closes on April 16, 2024. The allotment for the Greenhitech Ventures Limited IPO is expected to be finalized on April 18, 2024. Greenhitech Ventures Limited IPO will list on NSE SME with tentative listing date fixed as April 22, 2024.
| IPO Details | allotment |
| Minimum Investment ₹150,000 /1 Lot (3000 shares) | Price Range ₹50-₹50 | |
| Max Quantity 1 Lots/3000 Shares | Max Investment ₹150,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 6.30 Cr | Employee Discount ₹0 |
| Total Issue Size 1,260,000 Shares (aggregating up to ₹6.30 Cr) | Share Holding Pree Issue 3,440,000 | Issue Type Fixed Price Issue IPO |
| Fresh Issue Share 1,260,000 Shares (aggregating up to ₹6.30 Cr) | Share Holding Post Issue 4,700,000 | Listing At BSE SME |
| Market Maker Portion 66,000 Shares (Spread X Securities) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 12 April 2024 |
| Offer Ends | 16 April 2024 |
| Allotment | 18 April 2024 |
| Refunds | 19 April 2024 |
| Credit of shares to Demat account | 19 April 2024 |
| IPO Listing | 22 April 2024 |
About Greenhitech Ventures Limited
| Incorporated in | Managing Director |
| 2019 | Mr. |
Share Holding
The promoters of the company are Mr. Naved Iqbal and Mr. Mohammad Nadeem
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | 73.19% |
Greenhitech Ventures Limited IPO Prospectus
| Greenhitech Ventures Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹2,708.06 | ₹3,188.77 | ₹2,378.58 |
| Assets | ₹2,504.35 | ₹6,611.58 | ₹4,007.69 |
| Profit | ₹57.23 | ₹135.14 | ₹24.39 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 23.5 Cr | ROE | 8.17% |
| P/E (X) | 30.05 | ROCE | 17.19% |
| POST P/E (X) | 54.95 | EPS | 1.66 |
| Debt to Equity | 0.95 | RONW | 7.80% |
Objects of the Issue
The Objects of the company is to raise funds for:
- To Meet Working Capital Requirement.
- General Corporate Expenses.
Brokerage Firm IPO Review
- To be updated soon
| Greenhitech Ventures Limited Contact Details | |
| Address | Greenhitech Ventures Limited B27/92 K1 Jawahar Nagar Colony Bhelupura Varanasi- 221010 |
| Phone: | +91-9336875025 |
| info@greenhitech.org | |
| Website | https://www.greenhitech.org/ |
| Greenhitech Ventures Limited IPO Registrar | |
| . | Skyline Financial Services Private Ltd |
| Phone | 02228511022 |
| ipo@skylinerta.com | |
| Website | https://www.skylinerta.com/ipo.php |
| Greenhitech Ventures Limited IPO Allotment Status Check |
| Greenhitech Ventures Limited IPO Allotment Status Check Click Here |
| Greenhitech Ventures Limited Lead Managers | |
| Beeline Capital Advisors Pvt Ltd B/1311-1314, Shilp Corporate Near Rajpath Club, Rajpath Rangoli Road, Sarkhej – Gandhinagar Hwy, Ahmedabad, Gujarat – 380054 | |
| Phone | 079 4840 7357 |
| mb@beelinemb.com | |
| Website | https://beelinemb.com/ |
Greenhitech Ventures Limited IPO FAQs
What is Greenhitech Ventures Limited IPO?
- Greenhitech Ventures Limited IPO is an BSE SME IPO. They are going to raise ₹6.30 Crores via IPO. The issue is priced at ₹50 to ₹50 per equity share. The IPO is to be listed on NSE.
- The IPO opens on April 12, 2024, and closes on April 16, 2024.
When Greenhitech Ventures Limited IPO will open?
- The IPO is to open on April 12, 2024, for NII, and Retail Investors. and closes on April 16, 2024
What is Greenhitech Ventures Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Greenhitech Ventures Limited IPO Size?
- Greenhitech Ventures Limited IPO size is ₹6.30 crores.
What is Greenhitech Ventures Limited IPO Price Band?
- Greenhitech Ventures Limited IPO Price Band is ₹50 to ₹50 per equity share.
What is Greenhitech Ventures Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (3000 Shares) with ₹150,000. and Maximum Lot Size 1 Lots (3000 Shares) with ₹150,000
What is Greenhitech Ventures Limited IPO Allotment Date?
- Greenhitech Ventures Limited IPO allotment date is April 18, 2024.
What is Greenhitech Ventures Limited IPO Listing Date?
- Greenhitech Ventures Limited IPO listing date is April 22, 2024. The IPO to list on BSE.