Greenchef Appliances IPO Date, Review, Price, Allotment Details

Vijay Prajapati
July 5, 2023

Vijay Prajapati

Greenchef Appliances IPO Details: Greenchef Appliances IPO date is fixed, The IPO will open on June 23 and will close on June 27. Greenchef Appliances is an NSE SME IPO to raise ₹53.62 crores via IPO. The Greenchef Appliances IPO price band is fixed at ₹82 to ₹87 with a market lot of 1600 shares.

Greenchef Appliances is incorporated in 2010, doing the business of manufacturing and marketing a wide range of kitchen appliances under the brand name Greenchef. They are dealing the products are Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares and more. Company also expanded its business in the marketing sector for few products such as Chimneys, Stainless Steel Utensils, Blenders, Vegetable Chopper, Silicon Gaskets, Water Bottles, Fans, Iron, etc..

Headquartered in Bangalore, Greenchef Appliances are also selling their products on online shopping portals like Amazon, Flipkart, Jiomart, Bigbasket, and more. The company has aim to provide world-class home appliances to our consumers. Company is also providing services include repairs and maintenance of sold goods and installation services. Having team of 130 service technicians across 13 states.

Objects of the Issue:

Funding Capital Expenditure towards installation of additional plant and machinery
Funding Capital Expenditure towards construction of factory building
Funding of working capital requirement
General Corporate Purposes.

Greenchef Appliances IPO Review

May Apply

Greenchef Appliances IPO Date & Price Band Details

IPO Open:	June 23, 2023
IPO Close:	June 27, 2023
IPO Size:	Approx ₹53.62 Crores, 6,163,200 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹82 to ₹87 Per Equity Share
IPO Listing on:	NSE SME
Retail Quota:	35% of the net offer
QIB Quota:	50% of the net offer
NII Quota:	15% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors in IPO:	Click Here

Greenchef Appliances IPO Market Lot

The Greenchef Appliances IPO minimum market lot is 1600 shares with a ₹139,200 application amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	1600	₹139,200
Retail Maximum	1	1600	₹139,200
S-HNI Minimum	2	3200	₹278,400

Greenchef Appliances IPO Dates

The Greenchef Appliances IPO date is June 23 and the IPO close date is June 27. The IPO allotment date is July 3 and the IPO might list on July 5.

IPO Open Date:	June 23, 2023
IPO Close Date:	June 27, 2023
Basis of Allotment:	July 3, 2023
Refunds:	July 4, 2023
Credit to Demat Account:	July 5, 2023
IPO Listing Date:	July 6, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Greenchef Appliances IPO Form

How to apply Greenchef Appliances IPO? You can apply Greenchef Appliances IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Greenchef Appliances IPO in the Invest section. The other option you can apply Greenchef Appliances IPO via IPO forms download via the NSE website. Check out the Greenchef Appliances forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Greenchef Appliances Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2020	₹238.07	₹236.75	₹1.17
2021	₹239.29	₹235.54	₹2.57
2022	₹337.05	₹335.88	₹0.82
2023 9M	₹256.33	₹242.90	₹10.22

Greenchef Appliances IPO Valuation – FY2022

Check Greenchef Appliances IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	₹1.47 per Equity Share
Price/Earning P/E Ratio:	[.]
Return on Net Worth (RoNW):	1.48%
Net Asset Value (NAV):	₹30.22 per Equity Share

Peer Group

TTK Prestige Limited
Hawkins Cookers Limited
Stove Kraft Limited
Butterfly Gandimathi Appliances Limited

Company Promoters

Mr. Sukhlal Jain
Mr. Praveen Kumar Sukhlal Jain
Mr. Vikas Kumar Sukhlal Jain
Mr. Hitesh Kumar Jain
Mr. Vikas Kumar Sukhlal Jain HUF

Greenchef Appliances IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Greenchef Appliances IPO Allotment Status

Check Greenchef Appliances IPO allotment status on Link Intime website URL. Click Here

Greenchef Appliances IPO Lead Managers aka Merchant Bankers

Hem Securities Limited

Company Address

Greenchef Appliances Limited
No. 477 E, IV Phase,
Peenya Industrial Area,
Bangalore – 560 058
Phone: +91-80-29564495
Email: [email protected]
Website: https://www.greenchef.in/

Greenchef Appliances IPO FAQs

What is Greenchef Appliances IPO?

Greenchef Appliances IPO is an NSE SME IPO. They are going to raise ₹53.62 Crores via IPO. The issue is priced at ₹82 to ₹87 per equity share. The IPO is to be listed on NSE.

When Greenchef Appliances IPO will open?

The IPO is to open on June 23, 2023 for QIB, NII, and Retail Investors.

What is Greenchef Appliances IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Greenchef Appliances IPO?

You can apply Greenchef Appliances IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Greenchef Appliances IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Greenchef Appliances”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Greenchef Appliances IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Greenchef Appliances”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Greenchef Appliances IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Greenchef Appliances”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Greenchef Appliances IPO Size?

Greenchef Appliances IPO size is ₹53.62 crores.

What is Greenchef Appliances IPO Price Band?

Greenchef Appliances IPO Price Band is ₹82 to ₹87 per equity share.

What is Greenchef Appliances IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹139,200.

What is Greenchef Appliances IPO Allotment Date?

Greenchef Appliances IPO allotment date is July 3, 2023.

What is Greenchef Appliances IPO Listing Date?

Greenchef Appliances IPO listing date is July 6, 2023. The IPO to list on NSE SME.

Note: The Greenchef Appliances IPO details are announced officially. The IPO grey market premium (Greenchef Appliances IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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