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Greenchef Appliances IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bangalore and caters to Electric Equipments sector. Hem Securities is the merchant banker of Greenchef Appliances IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd March 2023.
Greenchef Appliances IPO open date is 23rd June 2023 and close date is 27th June 2023. IPO Allotment Date is 3rd July 2023 and Listing date is 6th July 2023.Greenchef Appliances IPO size is Rs 53.62 Cr. crores with IPO price of Rs 87.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Greenchef Appliances IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Greenchef Appliances IPO.
Greenchef Appliances IPO anchor investors are the below investors. The number of anchor investors in this IPO is 9.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 118,400.00 | ₹87.00 | ₹10,300,800.00 |
| Saint Capital Fund | 118,400.00 | ₹87.00 | ₹10,300,800.00 |
| India - Ahead | 233,600.00 | ₹87.00 | ₹20,323,200.00 |
| Resonance Opportunities Fund | 233,600.00 | ₹87.00 | ₹20,323,200.00 |
| India Max Investment | 233,600.00 | ₹87.00 | ₹20,323,200.00 |
| Absolute Returns Scheme | 116,800.00 | ₹87.00 | ₹10,161,600.00 |
| Moneywise Financial Services | 460,800.00 | ₹87.00 | ₹40,089,600.00 |
| Founders Collective Fund | 118,400.00 | ₹87.00 | ₹10,300,800.00 |
| Authum Investment and | 118,400.00 | ₹87.00 | ₹10,300,800.00 |
Greenchef Appliances IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Greenchef Appliances IPO, based in Bangalore, operates in the Electric Equipments sector with a focus on electrical. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Greenchef Appliances IPO size is ₹ 53.62 Cr. Crores with fresh issue size of Rs 53.62 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Greenchef Appliances IPO is expected to be 3rd July 2023, after the finalization of basis of allotment. Investors can check Greenchef Appliances IPO allotment status on the registrars website, Link Intime India Private Limited. Greenchef Appliances IPO refund dates are 4th July 2023.
Greenchef Appliances IPO is expected to be listed on 6th July 2023.
The upper price band for the Greenchef Appliances IPO is set at ₹ 87.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Greenchef Appliances IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Greenchef Appliances IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th June 2023. After submission, funds are blocked until the basis of allotment of Greenchef Appliances IPO is finalised.
The merchant banker for Greenchef Appliances IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Greenchef Appliances IPO RHP for further details.
The registrar for Greenchef Appliances IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Greenchef Appliances IPO through their official website or helpline.
Greenchef Appliances IPO was subscribed 44.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 53.62 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.18 Cr.
Sector: Electric Equipments
SME IPO so far:
39
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Bangalore
SME IPO so far:
27
Revenue (annualised):
₹ 339.76 cr.
PE
Ratio:
14.87x
Average Sector PE Ratio: 18.31x
Greenchef Appliances IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Greenchef Appliances Financial Review Page
Merchant Banker(s) of Greenchef Appliances IPO: Hem Securities Limited
Greenchef Appliances IPO subscription was 44.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Greenchef Appliances IPO listed at a listing price of 104.00 against the offer price of 87.00.
The current market price of Greenchef Appliances is 66.35.
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