Greenhitech Ventures Limited IPO
- IPO Date12 Apr, 2024 to 16 Apr, 2024
- Listing Date22 Apr, 2024
- Face Value₹10 per share
- Issue Price₹50 to ₹50 per share
- Lot Size3000 Shares
- Minimum Investment₹1,50,000
- Listing AtBSE SME
- Total Issue Size12,60,000 Shares
(aggregating up to ₹6.30 Cr) - Fresh Issue12,60,000 Shares
(aggregating up to ₹6.30 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue34,40,000
- Shareholding post issue47,00,000
IPO Dates
Closing Date
16 Apr, 2024
Initiation of Refunds
19 Apr, 2024
Listing Date
22 Apr, 2024
12 Apr, 2024
Opening Date
18 Apr, 2024
Basis of Allotment
19 Apr, 2024
Credit of Shares
Greenhitech Ventures Limited Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 6000 | ₹3,00,000 |
| Retail (Min) | 1 | 3000 | ₹1,50,000 |
| Retail (Max) | 1 | 3000 | ₹1,50,000 |
Greenhitech Ventures Limited Promoter Holding
The promoters of the company are Mr. Naved Iqbal and Mr. Mohammad Nadeem
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 73.19% |
Greenhitech Ventures Limited COMPANY INFORMATION
Greenhitech Ventures IPO is a fixed price issue of Rs 6.30 crores. The issue is entirely a fresh issue of 12.6 lakh shares. Greenhitech Ventures IPO opens for subscription on April 12, 2024 and closes on April 16, 2024. The allotment for the Greenhitech Ventures IPO is expected to be finalized on Thursday, April 18, 2024. Greenhitech Ventures IPO will list on BSE SME with tentative listing date fixed as Monday, April 22, 2024. Greenhitech Ventures IPO price is ₹50 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹300,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Greenhitech Ventures IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Greenhitech Ventures IPO is Spread X Securities. Refer to Greenhitech Ventures IPO RHP for detailed information.
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.
FAQs About Greenhitech Ventures Limited Ipo
Greenhitech Ventures Limited IPO will open on 12 Apr, 2024 and close on 16 Apr, 2024. Investors must apply within this period to participate.
The Greenhitech Ventures Limited IPO price band is set between ₹50.00 and ₹50.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹150000.00.
The Greenhitech Ventures Limited IPO shares are expected to be listed on 22 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Greenhitech Ventures Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Greenhitech Ventures Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.