Last updated on April 22, 2024
Greenhitech Ventures IPO description – Greenhitech Ventures operates within the realm of trading various petroleum-based products tailored to diverse industrial needs. Their portfolio encompasses the supply of biofuels, bitumen, light-density oils, furnace oils, and more. Additionally, the company actively participates in Operation & Maintenance as a job worker for Ethanol manufacturing within government-owned distilleries. Offering comprehensive business solutions and services, Greenhitech Ventures caters to consumers of fuels and alternative materials throughout India.
Renowned in the Purvanchal belt of Uttar Pradesh, Greenhitech Ventures prioritizes ‘Effective, Efficient, and Economical’ principles in all its services and supplies. As of 31 January 2024, the company employs a total of 68 individuals on its payroll.
Promoters of Greenhitech Ventures – Mr. Naved Iqbal, and Mr. Mohammad Nadeem
Table of Contents
Greenhitech Ventures IPO Details
| Greenhitech Ventures IPO Dates | 12 – 16 April 2024 |
| Greenhitech Ventures Issue Price | INR 50 per share |
| Fresh issue | 1,260,000 shares (INR 6.30 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,260,000 shares (INR 6.30 crore) |
| Minimum bid (lot size) | 3,000 Shares (INR 150,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Greenhitech Ventures Financial Performance
|  | FY 2021 | FY 2022 | FY 2023 | 1 Apr – 13 May 2023 | 14 May 2023 – 31 Jan 2024 |
| Revenue | 40.07 | 66.12 | 25.04 | 1.39 | 3.36 |
| Expenses | 39.67 | 63.83 | 24.07 | 1.32 | 2.88 |
| Net income | 0.24 | 1.35 | 0.57 | 0.05 | 0.36 |
Greenhitech Ventures Offer News
- Greenhitech Ventures RHP
- Greenhitech Ventures Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Greenhitech Ventures Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.73 | 4.19 | 1.81 |
| PE ratio | – | – | 27.62 |
| RONW (%) | 17.30 | 41.91 | 18.14 |
| NAV | 1,409.88 | 3,224.47 | 3,154.50 |
| ROCE (%) | 46.53 | 79.69 | 49.39 |
| EBITDA (%) | 1.64 | 3.89 | 6.22 |
| Debt/Equity | 0.81 | 0.47 | 1.10 |
Greenhitech Ventures IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 April 2024 | 37 | – | 73,000 |
| 19 April 2024 | 35 | – | 68,000 |
| 18 April 2024 | 32 | – | 62,000 |
| 17 April 2024 | 25 | – | 55,000 |
| 16 April 2024 | 25 | – | 55,000 |
| 15 April 2024 | 20 | – | 41,500 |
| 13 April 2024 | 17 | – | 35,000 |
| 12 April 2024 | 15 | – | 33,000 |
| 11 April 2024 | 15 | – | 33,000 |
| 10 April 2024 | 10 | – | 17,000 |
Greenhitech Ventures IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 597,000 | 597,000 | 1,194,000 |
| 16 Apr 2024 | 942.60 | 597.41 | 770.01 |
| 15 Apr 2024 | 70.93 | 148.25 | 109.59 |
| 12 Apr 2024 | 6.56 | 25.10 | 15.83 |
The market maker reservation portion of 66,000 shares is not included in the above calculations.
Greenhitech Ventures IPO Allotment Status
Greenhitech Ventures IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Greenhitech Ventures IPO Dates & Listing Performance
| IPO Opening Date | 12 April 2024 |
| IPO Closing Date | 16 April 2024 |
| Finalization of Basis of Allotment | 18 April 2024 |
| Initiation of refunds | 19 April 2024 |
| Transfer of shares to demat accounts | 19 April 2024 |
| IPO Listing Date | 22 April 2024 |
| Opening Price on BSE SME | INR 95 per share (up 90%) |
| Closing Price on BSE SME | INR 99.75 per share (up 99.50%) |
Greenhitech Ventures Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: +91-79-48407357
Email:Â [email protected]
Website:Â www.beelinemb.com
Greenhitech Ventures Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Greenhitech Ventures Issue Contact Details
GREENHITECH VENTURES LIMITED
B27/92 K1 Jawahar Nagar Colony,
Bhelupura Varanasi-221010, Uttar Pradesh
Phone: +91-9336875025
E-mail: [email protected]
Website: www.greenhitech.org
IPO FAQs
What is the Greenhitech Ventures offer size?
Greenhitech Ventures offer size is INR 6.30 crores.
What is the Greenhitech Ventures offer price band?
Greenhitech Ventures public offer price is INR 50 per share.
What is the lot size of the Greenhitech Ventures IPO?
Greenhitech Ventures offer lot size is 3,000 shares.
What is Greenhitech Ventures IPO GMP today?
Greenhitech Ventures IPO GMP today is INR 37 per share.
What is the Greenhitech Ventures kostak rate today?
Greenhitech Ventures kostak rate today is INR NA per application.
What is Greenhitech Ventures Subject to the Sauda rate today?
Greenhitech Ventures is Subject to the Sauda rate today is INR 73,000 per application.
