Greenchef Appliances IPO date has been confirmed. The IPO will begin on June 23 and end on June 27. Greenchef Appliances is an NSE SME IPO that will raise 53.62 crores through the IPO. The Greenchef Appliances IPO price band is set at 82 to 87 cents per share, with a market lot of 1600
shares. Greenchef Appliances was founded in 2010 with the objective of manufacturing and marketing a wide range of kitchen appliances under the Greenchef brand. They specialise in Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cookers, Induction Cooktops, Nonstick Cookwares and other products. Chimneys, Stainless Steel Utensils, Blenders, Vegetable Chopper, Silicon Gaskets, Water Bottles, Fans, Iron, and other products were also added to the company’s product line. Greenchef Appliances, headquartered in Bangalore, sells their
products on websites like as Amazon, Flipkart, Jiomart, Bigbasket, and others. Our company’s goal is to supply our customers with world-class home appliances. Repair and maintenance of sold goods, as well as installation services, are also provided by the company. We have 130 service technicians spread over 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
- To be updated soon
Greenchef Appliances IPO GMP, 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 |
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 |
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.
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
Greenchef Appliances IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: greenchef.ipo@linkintime.co.in
Website: https://linkintime.co.in
Company Address
Greenchef Appliances Limited
No. 477 E, IV Phase,
Peenya Industrial Area,
Bangalore – 560 058
Phone: +91-80-29564495
Email: info@greenchef.in
Website: https://www.greenchef.in
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 Lead Managers aka Merchant Bankers
- Hem Securities Limited
Greenchef Appliances IPO FAQs:
Q1. What is Greenchef Appliances IPO?
Ans. 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.
Q2. When Greenchef Appliances IPO will open?
Ans. The IPO is to open on June 23, 2023 for QIB, NII, and Retail Investors.
Q3. What is Greenchef Appliances IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Greenchef Appliances IPO?
Ans. 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.
Q5. How to Apply the Greenchef Appliances IPO through Zerodha?
Ans. 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.
Q6. How to Apply the Greenchef Appliances IPO through Upstox?
Ans. 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.
Q7. How to Apply the Greenchef Appliances IPO through Paytm Money?
Ans. 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.
Q8. What is Greenchef Appliances IPO Size?
Ans. Greenchef Appliances IPO size is ₹53.62 crores.
Q9. What is Greenchef Appliances IPO Price Band?
Ans. Greenchef Appliances IPO Price Band is ₹82 to ₹87 per equity share.
Q10. What is Greenchef Appliances IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1600 shares with ₹139,200.
Q11. What is Greenchef Appliances IPO Allotment Date?
Ans. Greenchef Appliances IPO allotment date is July 3, 2023.
Q12. What is Greenchef Appliances IPO Listing Date?
Ans. Greenchef Appliances IPO listing date is July 6, 2023. The IPO to list on NSE SME.
