IPO

Greenhitech Ventures Ltd. IPO

Greenhitech Ventures Ltd., established in 2023, operates in the Trading & Distributors sector. The company's IPO opened on April 12, 2024 and closed on April 16, 2024, with an issue price of ₹50. The ... Read more

Min Investment
₹ 1,50,000 / 3000 shares
Price Range
₹50
Bidding Dates
12 Apr '24 - 16 Apr '24
Total Issue Value
3.32 Cr
Lot Size
3,000
Total Issue Size
3.32 Cr
Listing At
BSE SME
Subscription
738.76 times
BSE Price
120.10 (140.2%)

IPO Timeline

  • 12 Apr 2024
    Bidding Starts
  • 16 Apr 2024
    Bidding Ends
  • 18 Apr 2024
    Allotment Finalization
  • 22 Apr 2024
    Listing

About Greenhitech Ventures Ltd.

Our company is engaged in trading of various petroleum-based products for the different categories of industries based on their requirement. This includes supply of biodiesel and light density oils. Our company is also engaged in Operation & Maintenance as Job worker for Ethanol manufacturing ... Read more

Parent organisation
Founded
Greenhitech Ventures Ltd.
2023

Greenhitech Ventures Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 66,000 (9.95%)
Non Institutional Investors 5,97,000 (90.05%)
Retail Individual Investors (RIIs) 5,97,000 (90.05%)

Greenhitech Ventures Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 8.32 Cr 1.18 Cr 1.95 Cr
31 Mar 2023 25.04 Cr 57.23 Lakh 0
31 Mar 2022 66.12 Cr 1.35 Cr 0

Greenhitech Ventures Ltd. Background

Major Events And Milestones
  • 2023
    24
    Incorporation of the Company in the name and style of “Greenhitech Ventures Private Limited”
    Converted into Public Limited Company vide fresh certificate of incorporation dated October 10, 2023.
Greenhitech Ventures Ltd. Object of Issues

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. Public Issue Expenses

Greenhitech Ventures Ltd. IPO Listing Details
Listing Date
22 Apr 2024
BSE Script Code
GREENHITEC
ISIN
INE0S0701019
Final Issue Price
₹ 50
Greenhitech Ventures Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 50.00 -
Open ₹ 95.00 -
Low ₹ 95.00 -
High ₹ 99.75 -
Last Trade ₹ 99.75 -
Greenhitech Ventures Ltd. Company Promoters

1. Mr. Naved Iqbal
2. Mr. Mohammad Nadeem

Industry Overview

India’s economic growth is closely related to its energy demand, therefore, the need for oil and gas is projected to increase, thereby making the sector quite conducive for investment. India retained its spot as the third-largest consumer of oil in the world as of 2022.

The ... Read more

Greenhitech Ventures Ltd. Contact Details
Address: B27/92, K1 Jawahar Nagar Colony, Bhelupura, Varanasi Uttar Pradesh - 221010
Phone no:9336875025
9336875025
|
Greenhitech Ventures Ltd. IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LTD
D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi Delhi - 110020
40450193, 40450197
Greenhitech Ventures Ltd. IPO Lead Manager(s)
Beeline Capital Advisors Pvt. Ltd.
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad Gujarat - 380054
48407357

FAQs

When does Greenhitech Ventures Ltd. IPO opens and closes?

Greenhitech Ventures Ltd. IPO opens from 12th April to 16th April 2024.

What is the size of Greenhitech Ventures Ltd. IPO?

The size of the Greenhitech Ventures Ltd. IPO is ₹3.32 Cr.

What is the minimum investment and lot size required for the Greenhitech Ventures Ltd. IPO?

The minimum investment required is ₹1,50,000 and minimum lot size is 3000 shares.

When is Greenhitech Ventures Ltd. IPO listing date?

The Greenhitech Ventures Ltd. IPO will be listed on 22nd April 2024.

What is the objective of Greenhitech Ventures Ltd. IPO?

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. Public Issue Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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