← IPO Calendar

Greenhitech Ventures IPO IPO

SME12 Apr 202416 Apr 2024
Open
12 Apr 2024
Close
16 Apr 2024
3
Allotment
Listing
Mon, Apr 22, 2024
Price Band
₹50 per share
Issue Size
12,60,000 shares (agg. up to ₹6 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Apr 22, 2024
Latest GMP
₹42
Est. Gain
84%
✦ AI Insight

GMP Trend

22-04-202442Est. ₹92+84%
21-04-202442Est. ₹92+84%
20-04-202442Est. ₹92+84%

Live Subscription

CategorySubscription (times)
Total770.71x

Restated Financials (₹ Cr.)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets26.7827.0831.8923.79
Total Income3.3625.0466.1240.08
Profit After Tax0.360.571.350.24
NET Worth4.573.153.221.41
Reserves and Surplus1.13
Total Borrowing4.323.471.501.15
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Arabian Petroleum Ltd.SME₹20.24 Cr₹7011.51₹76.25+8.93%₹67.25 (+0.00%)
Gandhar Oil Refinery (India) Ltd.Mainboard₹500.69 Cr₹169null₹301.40+78.34%₹207.93 (-1.42%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To Meet Working Capital Requirement4.50
2General Corporate Expenses0.85

About Greenhitech Ventures IPO

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.+ Read More

Contact Details

Greenhitech Ventures Ltd. AddressB27/92 K1 Jawahar Nagar ColonyBhelupuraVaranasi, Uttar Pradesh, 221010+91-9336875025info@greenhitech.orgVisit Website