The Greenhitech Ventures date has been confirmed as April 12, 2024, and closes on April 16, 2024. Read the post to learn about Greenhitech Ventures IPO.
Greenhitech Ventures IPO is a fixed-priced issue of Rs 6.30 crores. The price is ₹50 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹300,000.
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Key Details Of Greenhitech Ventures
Bidding Dates
April 12-16
Price Range
₹50 per share
Face Value
₹10 per share
GMP
₹42
Greenhitech Ventures IPO GMP
The Greenhitech Ventures IPO GMP is ₹42.
Greenhitech Ventures IPO Overview
Greenhitech Ventures IPO has a fixed price of Rs 6.30 crore. The issuance is wholly new, totalling 12.6 lakh shares. Greenhitech Ventures’ initial public offering (IPO) will begin on April 12, 2024, and end on April 16, 2024. The allotment for Greenhitech Ventures IPO is expected to be completed on Thursday, April 18, 2024. Its IPO will be listed on BSE SME, with a tentative listing date of Monday, April 22, 2024.
Greenhitech Ventures IPO price is ₹50/share. The minimum lot size for an application is 3000 shares. The minimum investment for retail investors is ₹150,000. The minimum investment for HNI is 2 lots (6,000 shares) worth ₹300,000.
Greenhitech Ventures IPO Details
| IPO Date | April 12, 2024 to April 16, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹50 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 1,260,000 shares (aggregating up to ₹6.30 Cr) |
| Fresh Issue | 1,260,000 shares (aggregating up to ₹6.30 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,440,000 |
| Share holding post issue | 4,700,000 |
| Market Maker portion | 66,000 shares |
Greenhitech Ventures Limited Financial Information
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 2,677.75 | 2,708.06 | 3,188.77 | 2,378.58 |
| Revenue | 335.67 | 2,504.35 | 6,611.58 | 4,007.69 |
| Profit After Tax | 35.64 | 57.23 | 135.14 | 24.39 |
| Net Worth | 456.64 | 315.45 | 322.45 | 140.99 |
| Reserves and Surplus | 112.64 | |||
| Total Borrowing | 431.71 | 347.07 | 150.14 | 114.60 |
| Amount in ₹ Lakhs | ||||
Greenhitech Ventures IPO Timeline
| IPO Open Date | Friday, April 12, 2024 |
| IPO Close Date | Tuesday, April 16, 2024 |
| Basis of Allotment | Thursday, April 18, 2024 |
| Initiation of Refunds | Friday, April 19, 2024 |
| Credit of Shares to Demat | Friday, April 19, 2024 |
| Listing Date | Monday, April 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 16, 2024 |
Company Profile
Greenhitech Ventures Limited, founded in November 2011, markets a variety of petroleum-based products customised to different industry needs, such as biofuels, bitumen, and furnace oils.The corporation is actively involved in operating and maintaining government-owned distilleries that manufacture ethanol. It is a non-governmental organisation that provides business solutions to fuel and alternative materials users throughout India.The organisation is well-known in Uttar Pradesh’s Purvanchal belt and focuses on “Effective, Efficient,
and Economical” concepts in all of its services and supplies. The company’s main office is in Jawahar Nagar Colony, Bhelupura, Varanasi. As of January 31, 2024, the Company employed 68 persons, including KMPs on payroll.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | Greenhitech Ventures Limited |
| Phone number | +91-9336875025 |
| Email ID | [email protected] |
| Website | greenhitech.org |
IPO Strengths
- Well-established relationships with a loyal customer base.
- Experienced promoters and a competent management team.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Greenhitech Ventures IPO FAQs
When Greenhitech Ventures IPO will open?
The Greenhitech Ventures IPO opens on April 12, 2024 and closes on April 16, 2024.
What is the lot size of Greenhitech Ventures IPO?
Greenhitech Ventures IPO lot size is 3000 Shares, and the minimum amount required is ₹150,000.
When is Greenhitech Ventures IPO allotment?
The finalization of Basis of Allotment for Greenhitech Ventures IPO will be done on Thursday, April 18, 2024, and the allotted shares will be credited to your demat account by Friday, April 19, 2024.
When is Greenhitech Ventures IPO listing date?
The Greenhitech Ventures IPO listing date is not yet announced. The tentative date of Greenhitech Ventures IPO listing is Monday, April 22, 2024.
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