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Greenhitech Ventures IPO is a book build IPO listing on BSE SME exchange. The company is based in Varanasi and caters to Oil And Gas sector. Beeline Capital Advisors Private is the merchant banker of Greenhitech Ventures IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th November 2023.
Greenhitech Ventures IPO open date is 12th April 2024 and close date is 16th April 2024. IPO Allotment Date is 18th April 2024 and Listing date is 22nd April 2024.Greenhitech Ventures IPO size is Rs 6.30 Cr. crores with IPO price of Rs 50.00 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.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Greenhitech Ventures IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Greenhitech Ventures IPO.
Greenhitech Ventures IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Greenhitech Ventures IPO, based in Varanasi, operates in the Oil And Gas sector with a focus on trading in various petroleum based products.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Greenhitech Ventures IPO size is ₹ 6.30 Cr. Crores with fresh issue size of Rs 6.30 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Greenhitech Ventures IPO is expected to be 18th April 2024, after the finalization of basis of allotment. Investors can check Greenhitech Ventures IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Greenhitech Ventures IPO refund dates are 19th April 2024.
Greenhitech Ventures IPO is expected to be listed on 22nd April 2024.
The upper price band for the Greenhitech Ventures IPO is set at ₹ 50.00 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 Greenhitech Ventures 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 Greenhitech Ventures 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 16th April 2024. After submission, funds are blocked until the basis of allotment of Greenhitech Ventures IPO is finalised.
The merchant banker for Greenhitech Ventures IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Greenhitech Ventures IPO RHP for further details.
The registrar for Greenhitech Ventures IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Greenhitech Ventures IPO through their official website or helpline.
Greenhitech Ventures IPO was subscribed 769.95 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.30 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.86 Cr.
Sector: Oil And Gas
SME IPO so far:
5
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Varanasi
SME IPO so far:
1
Revenue (annualised):
₹ 5.70 cr.
PE
Ratio:
54.95x
Average Sector PE Ratio: 25.25x
Greenhitech Ventures IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Greenhitech Ventures Financial Review Page
Merchant Banker(s) of Greenhitech Ventures IPO: Beeline Capital Advisors Private Limited
Greenhitech Ventures IPO subscription was 769.95 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.
Greenhitech Ventures IPO listed at a listing price of 99.75 against the offer price of 50.00.
The current market price of Greenhitech Ventures is 103.41.
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