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Greenchef Appliances Ltd.

Greenchef Appliances Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹87
₹87
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹87
Based on GMP
Min. Investment
₹139,200
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Jun 2023
Close Date
27 Jun 2023
Allotment
03 Jul 2023
Listing Date
06 Jul 2023
Exchange
NSE SME
Price Band
₹87
Listing Price
See chart
Allotment Status
Price Band
₹87
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
61,63,200 shares (aggregating up to ₹53.62 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹139,200
1 lot
Pre-IPO Holding
1,71,08,640 shares
Promoters
Post-IPO Holding
2,32,71,840 shares
Promoters
P/E (Pre)
14.87x
 
EPS (Pre)
₹5.97
 
UPI Deadline
2023-06-27
Mandate
Anchor AllotmentThu, 22 Jun 2023
Basis of AllotmentMon, 03 Jul 2023
Refund InitiationTue, 04 Jul 2023
Demat CreditWed, 05 Jul 2023
Listing DayThu, 06 Jul 2023
UPI Mandate Deadline2023-06-27
Sale TypeFresh Capital
Net Offer to Public58,51,200 shares (aggregating up to ₹50.91 Cr)
Market Maker Quota3,12,000 shares (aggregating up to ₹2.71 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Greenchef Appliances Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Jun 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
312,000
₹2.71
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,163,200
100% ₹53.62
IPO Shares Offered
Greenchef Appliances Ltd. IPO total issue size: ₹53.62 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 312,000 ₹2.71
5.06%
Total 6,163,200 ₹53.62
100.00%
* Based on upper price band ₹87 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹87.00
Upper Band
Min Investment
₹139,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹278,400
Retail (Max — 13 Lots)1320,800₹1,809,600
S-HNI (Min — 14 Lots)1422,400₹1,948,800
B-HNI (Min — 68 Lots)68108,800₹9,465,600
* Issue Price ₹87 × Lot Size 1,600 shares
IPO Schedule
Anchor
22 Jun 2023
✓ Done
IPO Open
23 Jun 2023
✓ Done
IPO Close
27 Jun 2023
✓ Done
Allotment
03 Jul 2023
✓ Done
Refunds
04 Jul 2023
✓ Done
Demat Credit
05 Jul 2023
✓ Done
Listing Day
06 Jul 2023
✓ Done
Greenchef Appliances Ltd. — Live Price LIVE
₹87.00
INR · NSE
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Issue ₹87.00 Live Price
About Greenchef Appliances Ltd.
Incorporated in 2010, Greenchef Appliances Limited is engaged in the business of manufacturing and marketing kitchen appliances under the brand name Greenchef.Greenchef's kitchen appliances include Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares like Tawa, Fry Pan, Kadai, Biriyani Pot, Tadka Pan, Paniyarakkal, Appamchetty, Kettles, Hose Pipes, Gas Cylinder Trolley and Spin Mop, etc.The company sells its products through offline and online platforms such as Flipkart India Private Limited, Jiomart, Bigbasket, and Amazon Seller Services Private Limited.The company also provides after-sales services in relation to the products. These services include repairs and maintenance of sold goods and installation services. As of December 31, 2022, Greenchef's service team comprises 130 service technicians across 13 states. Further, the company has also appointed 107 authorized service providers across 15 states.Greenchef Appliances have three manufacturing facilities located in Bengaluru, Karnataka, and one manufacturing facility located at Parwanoo, Himachal Pradesh. The Parwanoo facility is focused on manufacturing Gas Stoves and hose pipes for which the company has also entered into a marketing agreement with oil companies like Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, and Bharat Petroleum Corporation Limited.As of December 31, 2022, the manufacturing facilities are well connected with five strategically located Carrying and Forwarding (C&F) agents in the state of Rajasthan Maharashtra, Uttar Pradesh, Gujarat, and Bihar. Additionally, as on December 31, 2022, the company has around 450 distributors in 22 states and 3 union territories of India.
Objects of the Issue
1
Funding Capital Expenditure towards installation of additional plant and machinery
2
Funding Capital Expenditure towards construction of factory building
3
Funding of Working capital requirements
4
General Corporate Purpose
Greenchef Appliances Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹23,807.2
31-Mar-20
₹23,929.3
31-Mar-21
₹33,704.5
31-Mar-22
Profit After Tax (PAT)
₹117.3
31-Mar-20
₹257.1
31-Mar-21
₹82.1
31-Mar-22
Particulars31-Mar-2231-Mar-2131-Mar-20
Revenue from Operations 33704.52 23929.33 23807.17
EBITDA N/A N/A N/A
Profit After Tax (PAT) 82.09 257.10 117.26
Net Worth 5170.68 5093.27 4854.57
Total Assets 17953.59 14223.39 12562.89
Reserves & Surplus 4814.25 4736.84 4498.14
Borrowings 6682.81 5182.39 3916.06
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
18.19%
RoCE
12.52%
RoNW
16.85%
Debt/Equity
0.99
Issue Structure & Shareholding
Total Shares Offered61,63,200 (100.00%)
Net Offer to Public58,51,200 shares (aggregating up to ₹50.91 Cr)
Reserved for Market Maker3,12,000 shares (aggregating up to ₹2.71 Cr)
Pre-Issue Promoter Holding1,71,08,640 shares
Post-Issue Promoter Holding2,32,71,840 shares
P/BV RatioN/A
RoE18.19%
RoCE12.52%
Debt / Equity0.99
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Greenchef Appliances Ltd. IPO subscribed?

Greenchef Appliances Ltd. IPO is subscribed 1.00 times by Jun 27, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Greenchef Appliances Ltd. IPO retail subscription status?

The Greenchef Appliances Ltd. IPO retail category is subscribed 1.00 times as of 27 Jun 2023. The retail portion is oversubscribed.

How to subscribe Greenchef Appliances Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Jun 2023 and closes 27 Jun 2023. Min investment: ₹139,200 (1 lot = 1,600 shares). UPI mandate: 2023-06-27.

How many times Greenchef Appliances Ltd. IPO subscribed?

The Greenchef Appliances Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Greenchef Appliances Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Jul 2023. Refunds: on 04 Jul 2023.

When Greenchef Appliances Ltd. IPO will be listed?

The Greenchef Appliances Ltd. IPO listing date is 06 Jul 2023, Thursday. Listed on: NSE SME. Issue price: ₹87. Estimated listing: ₹87. GMP: NIL.

When Greenchef Appliances Ltd. IPO close?

The Greenchef Appliances Ltd. IPO closes on 27 Jun 2023, Tuesday. UPI mandate: 2023-06-27. Allotment: 03 Jul 2023. Listing: 06 Jul 2023.