IPO Issue Details
Issue Price / Price Band₹50 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size12,60,000 shares (aggregating up to ₹6.30 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 12 Apr 2024
Subscription CloseTue, 16 Apr 2024
Anchor AllotmentThu, 11 Apr 2024
Basis of AllotmentThu, 18 Apr 2024
Initiation of RefundsFri, 19 Apr 2024
Credit of Shares to DematFri, 19 Apr 2024
Listing DateMon, 22 Apr 2024
UPI Mandate Deadline2024-04-16
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 3,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 6,000 shares
EPS (Pre-IPO)₹1.66
EPS (Post-IPO)₹0.91
P/E Ratio (Pre-IPO)30.05x
P/E Ratio (Post-IPO)54.95x
Net Offer to Public11,94,000 shares (aggregating up to ₹5.97 Cr)
Reserved for Market Maker66,000 shares (aggregating up to ₹0.3300 Cr)
Pre-IPO Promoter Holding34,40,000 shares
Post-IPO Promoter Holding47,00,000 shares
About Greenhitech Ventures Ltd
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.
Objects of the Issue
Greenhitech Ventures Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Working Capital Requirement
2
General Corporate Expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding
34,40,000 shares
Post-IPO Promoter Holding
47,00,000 shares