Greenhitech Ventures IPO Date, Review, Price, Allotment Details

Vijay Prajapati
April 10, 2024

Vijay Prajapati

Greenhitech Ventures IPO Details: Greenhitech Ventures IPO date is fixed, The IPO will open on April 12 and will close on April 16. Greenhitech Ventures is a BSE SME IPO to raise ₹6.30 crores via IPO. The Greenhitech Ventures IPO price band is fixed at ₹50 with a market lot of 3000 shares.

Greenhitech Ventures is engaged in trading various petroleum-based products for different categories of industries based on their requirement. This includes the supply of biofuels, bitumen, light-density oils, furnace oils, etc. The company is also engaged in Operation & Maintenance as a Job worker for Ethanol manufacturing in government-owned distilleries. They understand the market needs and upgrade their team constantly with growing technology and market trends. They provide business solutions and services to consumers of Fuels and other alternative materials across India. Their registered office is situated at B27/92 K1 Jawahar Nagar Colony, Bhelupura Varanasi-221010, Uttar Pradesh, India.

The company is engaged in Operation & Maintenance as a Job worker for Ethanol manufacturing in government-owned distilleries. The company does not have its owned manufacturing unit. Their Company bids for tender of a government-owned distillery for Operation & Maintenance as a Job worker for Ethanol manufacturing.

Driven by experience in agriculture, innovation, and investment in Research & Development, bio fuel is a substitute for traditional fossil fuels and with the indiscriminate exploitation of all fossil fuels. They started with the aim of being “Effective, Efficient and Economical” The 3 E’s form the base of their commitment be it any segment of services or supply that they provide. The company has compiled an extensive list of customers/potential customers and vendors. The Company is well-known itself in the Purvanchal belt of Uttar Pradesh, India for the supply of bio-diesel.

Objects of the Issue:

To Meet Working Capital Requirement.
General Corporate Expenses.

Greenhitech Ventures IPO Review

Avoid

Greenhitech Ventures IPO Date & Price Band Details

IPO Open:	April 12, 2024
IPO Close:	April 16, 2024
IPO Size:	Approx ₹6.30 Crores, 12,60,000 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹50 Per Equity Share
IPO Listing on:	BSE SME
Retail Quota:	50% of the net offer
NII Quota:	50% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here

Greenhitech Ventures IPO Market Lot

The Greenhitech Ventures IPO minimum market lot is 3000 shares with a ₹150,000 application amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	3000	₹150,000
Retail Maximum	1	3000	₹150,000
S-HNI Minimum	2	6000	₹300,000

Greenhitech Ventures IPO Dates

The Greenhitech Ventures IPO date is April 12 and the IPO close date is April 16. The IPO allotment date is April 18 and the IPO might list on April 22.

IPO Open Date:	April 12, 2024
IPO Close Date:	April 16, 2024
Basis of Allotment:	April 18, 2024
Refunds:	April 19, 2024
Credit to Demat Account:	April 19, 2024
IPO Listing Date:	April 22, 2024

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

Greenhitech Ventures IPO Form

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

Greenhitech Ventures Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2021	₹40.08	₹39.67	₹0.24
2022	₹66.12	₹63.83	₹1.35
2023	₹25.04	₹24.07	₹0.57
January 2024	₹3.36	₹2.88	₹0.36

Greenhitech Ventures IPO Valuation – FY2023

Check Greenhitech Ventures 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):	₹71.53 per Equity Share
Price/Earning P/E Ratio:	27.62
Return on Net Worth (RoNW):	18.14%
Net Asset Value (NAV):	₹3154.50 per Equity Share

Peer Group

Company Promoters

Mr. Naved Iqbal
Mr. Mohammad Nadeem

Greenhitech Ventures IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Greenhitech Ventures IPO Allotment Status

Check Greenhitech Ventures IPO allotment status on Skyline Financial website URL. Click Here

Greenhitech Ventures IPO Lead Managers aka Merchant Bankers

Beeline Capital Advisors Pvt Ltd

Company Address

Greenhitech Ventures Limited
B27/92 K1 Jawahar Nagar Colony
Bhelupura
Varanasi- 221010
Phone: +91-9336875025
Email: [email protected]
Website: https://www.greenhitech.org/

Greenhitech Ventures IPO FAQs

What is Greenhitech Ventures IPO?

Greenhitech Ventures IPO is an BSE SME IPO. They are going to raise ₹6.30 Crores via IPO. The issue is priced at ₹50 per equity share. The IPO is to be listed on BSE.

When Greenhitech Ventures IPO will open?

The IPO is to open on April 12, 2024 for QIB, NII, and Retail Investors.

What is Greenhitech Ventures IPO Investors Portion?

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

How to Apply the Greenhitech Ventures IPO?

You can apply Greenhitech Ventures 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 Greenhitech Ventures 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 “Naman In-Store (India)”. 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 Greenhitech Ventures IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. 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 Greenhitech Ventures IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. 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 Greenhitech Ventures IPO Size?

Greenhitech Ventures IPO size is ₹6.30 crores.

What is Greenhitech Ventures IPO Price Band?

Greenhitech Ventures IPO Price Band is ₹50 per equity share.

What is Greenhitech Ventures IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹150,000.

What is Greenhitech Ventures IPO Allotment Date?

Greenhitech Ventures IPO allotment date is April 18, 2024.

What is Greenhitech Ventures IPO Listing Date?

Greenhitech Ventures IPO listing date is April 22, 2024. The IPO to list on BSE SME.

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

Share the Post: