Greenhitech Ventures Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding Date

    12-Apr-2024 to
    16-Apr-2024

  • Issue Size

    ₹6.3 Cr

  • Price Band

    ₹50

  • Allotment date

    --

  • Listing date

    22-Apr-2024

  • Lot size

    3000

  • No. of shares

    12,60,000

  • Fresh issue/OFS

    ₹6.3 Cr /--

About The Company

The company was initially established as a Partnership Firm named "Greentech Hydrocarbons" on November 18, 2011. Subsequently, the partnership firm was converted into a Private Limited Company named "Greenhitech Ventures Private Limited" on May 14, 2023. Greenhitech Ventures focuses on trading petroleum-based products, including biofuels, to various industries across India. They also provide operation and maintenance services as a job worker for ethanol manufacturing in government-owned distilleries. The operation and maintenance of ethanol production involve bidding for tenders from government-owned distilleries, running the ethanol plant, manufacturing ethanol, and transferring it to the respective distillery. The company does not engage in the procurement and selling of ethanol; instead, it manufactures ethanol for transfer to the government-owned distilleries. Established in Uttar Pradesh, they are recognized as a key player in the supply of biofuels, particularly bio-diesel, in the Purvanchal belt.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    729.7x

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FAQs for Greenhitech Ventures Ltd.

The issue size of Greenhitech Ventures Ltd is ₹6.30 Cr.

Greenhitech Ventures Ltd falls into Business Services & Supplies industry.

The Greenhitech Ventures Ltd IPO will be listed on NSE.

The open and close dates for the Greenhitech Ventures Ltd are 12-Apr-2024 & 16-Apr-2024.

The price band for the Greenhitech Ventures Ltd ipo is ₹50

The listing date of Greenhitech Ventures Ltd IPO is 22-Apr-2024.

The purpose of this IPO is to raise fresh capital.

Greenhitech Ventures Ltd total subscription ratio is 729.7X.

Key financial of the Greenhitech Ventures Ltd are:


Greenhitech Ventures Ltd FY-23 FY-22 FY-21
Revenue (₹ Cr) 25.04 66.12 40.07
EBIT (₹ Cr) 1.42 2.45 0.53
Proft after Tax (₹ Cr) 0.57 1.35 0.24
Debt (₹ Cr) 3.47 1.5 1.15
Net Worth (₹ Cr) 3.15 3.22 1.41
RoE (%) 18.14 41.91 17.3