Greenhitech Ventures IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Apr 12 to Apr 16 2024
Price Band
₹50
Current GMP
₹95(90.0%)
Subscription
769.95 times
IPO Details
| IPO Date | April 12, 2024 to April 16, 2024 |
| Listing Date | Monday, April 22, 2024 |
| 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 Spread X Securities |
IPO Date
April 12, 2024 to April 16, 2024
Listing Date
Monday, April 22, 2024
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 Spread X Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 921.60 |
| Retail Investors | 597.41 |
| Total ** | 769.95 |
Market Maker
1
Non-Institutional Buyers*
921.60
Retail Investors
597.41
Total **
769.95
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Apr 12, 2024 | 6.56 | 25.10 | 15.83 |
| Day 2 Apr 15, 2024 | 70.56 | 147.06 | 108.86 |
| Day 3 Apr 16, 2024 | 921.60 | 597.41 | 769.95 |
DayDay 1
Apr 12, 2024
NII*6.56
Retail25.10
Total15.83
DayDay 2
Apr 15, 2024
NII*70.56
Retail147.06
Total108.86
DayDay 3
Apr 16, 2024
NII*921.60
Retail597.41
Total769.95
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 22-04-2024 | 50.00 | 42(84.0%) | 92 |
| 21-04-2024 | 50.00 | 42(84.0%) | 92 |
| 20-04-2024 | 50.00 | 42(84.0%) | 92 |
| 19-04-2024 | 50.00 | 42(84.0%) | 92 |
| 18-04-2024 | 50.00 | 35(70.0%) | 85 |
| 17-04-2024 | 50.00 | 35(70.0%) | 85 |
| 16-04-2024 | 50.00 | 25(50.0%) | 75 |
| 15-04-2024 | 50.00 | 25(50.0%) | 75 |
| 14-04-2024 | 50.00 | 20(40.0%) | 70 |
| 13-04-2024 | 50.00 | 20(40.0%) | 70 |
| 12-04-2024 | 50.00 | 15(30.0%) | 65 |
| 11-04-2024 | 50.00 | 15(30.0%) | 65 |
| 10-04-2024 | 50.00 | 15(30.0%) | 65 |
| 09-04-2024 | 50.00 | 8(16.0%) | 58 |
| 08-04-2024 | 50.00 | 0(0.0%) | 50 |
| 07-04-2024 | 50.00 | 0(0.0%) | 50 |
| 06-04-2024 | 50.00 | 0(0.0%) | 50 |
| 05-04-2024 | 50.00 | 0(0.0%) | 50 |
Date22-04-2024
Price50.00
GMP42(84.0%)
Estimate List Price92
Date21-04-2024
Price50.00
GMP42(84.0%)
Estimate List Price92
Date20-04-2024
Price50.00
GMP42(84.0%)
Estimate List Price92
Date19-04-2024
Price50.00
GMP42(84.0%)
Estimate List Price92
Date18-04-2024
Price50.00
GMP35(70.0%)
Estimate List Price85
Date17-04-2024
Price50.00
GMP35(70.0%)
Estimate List Price85
Date16-04-2024
Price50.00
GMP25(50.0%)
Estimate List Price75
Date15-04-2024
Price50.00
GMP25(50.0%)
Estimate List Price75
Date14-04-2024
Price50.00
GMP20(40.0%)
Estimate List Price70
Date13-04-2024
Price50.00
GMP20(40.0%)
Estimate List Price70
Date12-04-2024
Price50.00
GMP15(30.0%)
Estimate List Price65
Date11-04-2024
Price50.00
GMP15(30.0%)
Estimate List Price65
Date10-04-2024
Price50.00
GMP15(30.0%)
Estimate List Price65
Date09-04-2024
Price50.00
GMP8(16.0%)
Estimate List Price58
Date08-04-2024
Price50.00
GMP0(0.0%)
Estimate List Price50
Date07-04-2024
Price50.00
GMP0(0.0%)
Estimate List Price50
Date06-04-2024
Price50.00
GMP0(0.0%)
Estimate List Price50
Date05-04-2024
Price50.00
GMP0(0.0%)
Estimate List Price50
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹150,000 |
| Retail (Max) | 1 | 3000 | ₹150,000 |
| HNI (Min) | 2 | 6,000 | ₹300,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹150,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹150,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹300,000
Financial Information
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,677.75 | 2,708.06 | 3,188.77 |
| Revenue | 335.67 | 2,504.35 | 6,611.58 |
| Profit After Tax | 35.64 | 57.23 | 135.14 |
| Net Worth | 456.64 | 315.45 | 322.45 |
| Reserves and Surplus | 112.64 | ||
| Total Borrowing | 431.71 | 347.07 | 150.14 |
Period EndedPeriod Ended
31 Jan 202431 Jan 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Jan 20242,677.75
31 Mar 20232,708.06
31 Mar 20223,188.77
Period EndedRevenue
31 Jan 2024335.67
31 Mar 20232,504.35
31 Mar 20226,611.58
Period EndedProfit After Tax
31 Jan 202435.64
31 Mar 202357.23
31 Mar 2022135.14
Period EndedNet Worth
31 Jan 2024456.64
31 Mar 2023315.45
31 Mar 2022322.45
Period EndedReserves and Surplus
31 Jan 2024112.64
31 Mar 2023
31 Mar 2022
Period EndedTotal Borrowing
31 Jan 2024431.71
31 Mar 2023347.07
31 Mar 2022150.14
Key Performance Indicator
| ROE | 8.17% |
| ROCE | 17.19% |
| Debt/Equity | 0.95 |
| RoNW | 7.80% |
| P/BV | 3.77 |
| PAT Margin (%) | 10.62 |
| EPS (Rs) | 1.66 |
ROE
8.17%
ROCE
17.19%
Debt/Equity
0.95
RoNW
7.80%
P/BV
3.77
PAT Margin (%)
10.62
EPS (Rs)
1.66
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 66,000 (5.24%) |
| Other Shares Offered | 597,000 (47.38%) |
| Retail Shares Offered | 597,000 (47.38%) |
| Total Shares Offered | 1,260,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
66,000 (5.24%)
Other Shares Offered
597,000 (47.38%)
Retail Shares Offered
597,000 (47.38%)
Total Shares Offered
1,260,000 (100%)
Information about company
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.
Objectives of IPO
The Net Proceeds are proposed to be used in accordance with the details provided in the following
To Meet Working Capital Requirement
General Corporate Expenses
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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