Greenhitech Ventures Limited

  • Minimum Investment
    ₹1,50,000
  • Price Range
    ₹50 - ₹50
  • Issue Size
    ₹6.30 Cr
  • Lot Size
    3000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

To meet working capital requirement

General corporate purpose

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Greenhitech Ventures Limited

Scalable business model

The company's business model is order-driven and focuses on optimizing the utilization of its existing resources. This approach has demonstrated success and scalability in recent financial years

Timely fulfilment of orders

The company has implemented various measures to ensure timely fulfillment and enhance cost efficiency at its existing unit

Eco-friendly products

The company is dedicated to promoting renewable green energy and fostering sustainable development of renewable natural resources. It achieves this by adopting environmentally-friendly technologies that contribute to the net reduction of greenhouse gas emissions

Negative cash flows

The company has encountered negative cash flows in the past. Any recurrence of such negative cash flows in the future could potentially impact the business, operational results, and overall prospects

Seasonal business

The ethanol manufacturing business experiences some seasonality in the country, which can impact a portion of the revenue. Such seasonal fluctuations may influence the operating results

Outstanding legal proceedings

The company and its group companies are involved in outstanding legal proceedings. Adverse decisions in these proceedings could significantly impact the business, results of operations, and financial condition

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Current Liabilities--
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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Cash from Operating Activity--
Cash from Financing Activities--
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About Greenhitech Ventures Limited

Greenhitech Ventures, incorporated on November 18, 2011, engages in the trading of various petroleum-based products tailored to different industries' requirements. Its offerings encompass a spectrum of products, including biofuels, bitumen, light-density oils, and furnace oils. Additionally, the company operates and maintains ethanol manufacturing as a job worker in government-owned distilleries.
  • Promoter
    Naved Iqbal
  • Promoter
    Mohammad Nadeem

Greenhitech Ventures Limited IPO FAQs

What is Greenhitech Ventures Limited IPO?

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Greenhitech Ventures Limited IPO refers to the initial public offering of shares by Greenhitech Ventures Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Greenhitech Ventures Limited IPO?

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For Greenhitech Ventures Limited IPO the issue size is ₹6.3 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Greenhitech Ventures Limited IPO?

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For Greenhitech Ventures Limited IPO the minimum investment is ₹1,50,000. The minimum investment for Greenhitech Ventures Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Greenhitech Ventures Limited IPO?

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For Greenhitech Ventures Limited IPO the lot size is 3000 shares. The lot size of Greenhitech Ventures Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Greenhitech Ventures Limited IPO on Share.Market?

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To apply for Greenhitech Ventures Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Greenhitech Ventures Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Greenhitech Ventures Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Greenhitech Ventures Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Greenhitech Ventures Limited IPO?

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For Greenhitech Ventures Limited IPO the allotment date is April 18, 2024. The allotment date of Greenhitech Ventures Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Greenhitech Ventures Limited IPO?

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For Greenhitech Ventures Limited IPO, the subscription opens on April 12, 2024 and closes on April 16, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
107.91x Oversubscribed
Bidding Ongoing
-
Total Subscription
107.91x Oversubscribed