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
- NA
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/
