Greenhitech Ventures Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Apr 2024

Close Date

16 Apr 2024

Allotment

18 Apr 2024

Listing Date

22 Apr 2024

Exchange

BSE SME

Price Band

₹50

Listing Price

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Allotment Status

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Price Band

₹50

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

12,60,000 shares (aggregating up to ₹6.30 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

34,40,000 shares

Promoters

Post-IPO Holding

47,00,000 shares

Promoters

P/E (Pre)

30.05x

P/E (Post)

54.95x

EPS (Pre)

₹1.66

EPS (Post)

₹0.91

UPI Deadline

2024-04-16

Mandate

Anchor AllotmentThu, 11 Apr 2024

Basis of AllotmentThu, 18 Apr 2024

Refund InitiationFri, 19 Apr 2024

Demat CreditFri, 19 Apr 2024

Listing DayMon, 22 Apr 2024

UPI Mandate Deadline2024-04-16

Sale TypeFresh Capital

Net Offer to Public11,94,000 shares (aggregating up to ₹5.97 Cr)

Market Maker Quota66,000 shares (aggregating up to ₹0.3300 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Greenhitech Ventures Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 16 Apr 2024.

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	66,000	—	₹0.33
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,260,000	100%	₹6.30

IPO Shares Offered

Greenhitech Ventures Ltd IPO total issue size: ₹6.30 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	66,000	₹0.33	5.24%
Total	1,260,000	₹6.30	100.00%

* Based on upper price band ₹50 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹50.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹300,000
Retail (Max — 13 Lots)	13	39,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	42,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	204,000	₹10,200,000

* Issue Price ₹50 × Lot Size 3,000 shares

IPO Schedule

Anchor

11 Apr 2024

✓ Done

IPO Open

12 Apr 2024

✓ Done

IPO Close

16 Apr 2024

✓ Done

Allotment

18 Apr 2024

✓ Done

Refunds

19 Apr 2024

✓ Done

Demat Credit

19 Apr 2024

✓ Done

Listing Day

22 Apr 2024

✓ Done

₹50.00

INR · BSE

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Issue ₹50.00 Live Price

About Greenhitech Ventures Ltd

Incorporated in November 2011, Greenhitech Ventures Limited trades various petroleum-based products tailored to diverse industry needs, including biofuels, bitumen, and furnace oils.The company actively engages in the operation and maintenance of ethanol manufacturing in government-owned distilleries.Greenhitech Ventures Limited is a non-governmental company that provides business solutions to consumers of fuels and alternative materials across India.The company is well-known in the Purvanchal belt of Uttar Pradesh, India, and emphasizes "Effective, Efficient, and Economical" principles in all its services and supplies.The company's main office is located in Jawahar Nagar Colony, Bhelupura, Varanasi.As on January 31, 2024 the Company employs 68 people including KMPs on payroll.

Objects of the Issue

To Meet Working Capital Requirement

General Corporate Expenses

Greenhitech Ventures Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹6,611.6

31 Mar 2022

₹2,504.4

31 Mar 2023

₹335.7

31 Jan 2024

Profit After Tax (PAT)

₹135.1

31 Mar 2022

₹57.2

31 Mar 2023

₹35.6

31 Jan 2024

Particulars	31 Jan 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	335.67	2504.35	6611.58
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	35.64	57.23	135.14
Net Worth	456.64	315.45	322.45
Total Assets	2677.75	2708.06	3188.77
Reserves & Surplus	112.64	N/A	N/A
Borrowings	431.71	347.07	150.14
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	10.62%	—	—

P/BV Ratio

3.77

RoE

8.17%

RoCE

17.19%

RoNW

7.80%

PAT Margin

10.62%

Debt/Equity

0.95

Issue Structure & Shareholding

Total Shares Offered12,60,000 (100.00%)

Net Offer to Public11,94,000 shares (aggregating up to ₹5.97 Cr)

Reserved for Market Maker66,000 shares (aggregating up to ₹0.3300 Cr)

Pre-Issue Promoter Holding34,40,000 shares

Post-Issue Promoter Holding47,00,000 shares

P/BV Ratio3.77

RoE8.17%

RoCE17.19%

Debt / Equity0.95

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Beeline Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Greenhitech Ventures Ltd IPO subscribed? ▲

Greenhitech Ventures Ltd IPO is subscribed 1.00 times by Apr 16, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Greenhitech Ventures Ltd IPO retail subscription status? ▼

The Greenhitech Ventures Ltd IPO retail category is subscribed 1.00 times as of 16 Apr 2024. The retail portion is oversubscribed.

How to subscribe Greenhitech Ventures Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Apr 2024 and closes 16 Apr 2024. Min investment: ₹150,000 (1 lot = 3,000 shares). UPI mandate: 2024-04-16.

How many times Greenhitech Ventures Ltd IPO subscribed? ▼

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

How to check Greenhitech Ventures Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 18 Apr 2024. Refunds: on 19 Apr 2024.

When Greenhitech Ventures Ltd IPO will be listed? ▼

The Greenhitech Ventures Ltd IPO listing date is 22 Apr 2024, Monday. Listed on: BSE SME. Issue price: ₹50. Estimated listing: ₹50. GMP: NIL.

When Greenhitech Ventures Ltd IPO close? ▼

The Greenhitech Ventures Ltd IPO closes on 16 Apr 2024, Tuesday. UPI mandate: 2024-04-16. Allotment: 18 Apr 2024. Listing: 22 Apr 2024.

Quick Actions

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Live Price LIVE

Last Price₹50.00

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Issue Price₹50.00

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Quick Summary

StatusListed

Issue Price₹50

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹50

Subscribed1.00x

Open Date12 Apr 2024

Close Date16 Apr 2024

Allotment18 Apr 2024

Listing Date22 Apr 2024

ExchangeBSE SME

UPI Deadline2024-04-16