The Greenhitech Ventures IPO started on April 12, 2024, and ended on April 16, 2024. Shares were allocated on April 18, 2024, and refund processes began on April 19, 2024. On April 19, 2024, the shares were credited to investors demat accounts. Greenhitech was officially listed on the stock exchange on April 22, 2024.
During the IPO, Greenhitech Ventures offered shares at a price range of ₹50 per share, and the lot size was 3000 shares. The total issue size was ₹6.30 crores, with ₹6.30 crores from new shares. The IPO was listed on the BSE SME.
Greenhitech IPO Subscription Update Video
Greenhitech Ventures IPO Subscription Status
The Greenhitech IPO on April 16, 2024 was subscribed 769.95 times, with the retail category being subscribed 597.41 times, the other category being subscribed 921.60 times.
| Category | Subscription |
| Other | 921.60x |
| Retail | 597.41x |
| Total | 769.95x |
Greenhitech IPO Basic Details
| Company Name | Greenhitech Ventures Limited |
| Greenhitech IPO Open Date | April 12, 2024 |
| Greenhitech IPO Close Date | April 16, 2024 |
| Greenhitech IPO Allotment Date | April 18, 2024 |
| Greenhitech IPO Listing Date | April 22, 2024 |
| Face Value | ₹10 per share |
| Price | ₹50 per share |
| Lot Size | 3000 Shares |
| Issue Size | 1,260,000 shares of ₹10 (aggregating up to ₹6.30 Cr) |
| Fresh Issue | 1,260,000 shares of ₹10 (aggregating up to ₹6.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Naved Iqbal and Mr. Mohammad Nadeem |
About Greenhitech Ventures Limited
Established in November 2011, Greenhitech Ventures Limited specializes in trading various petroleum-based products such as biofuels, bitumen, and furnace oils, catering to the unique needs of different industries. Additionally, the company is actively involved in managing and maintaining ethanol manufacturing within government-owned distilleries.
Greenhitech Ventures Limited is a private enterprise dedicated to providing fuel and alternative material solutions to consumers throughout India. Recognized particularly in the Purvanchal belt of Uttar Pradesh, India, the company prioritizes effectiveness, efficiency, and affordability in all its services and product offerings.
The company’s headquarters are situated in Jawahar Nagar Colony, Bhelupura, Varanasi.
As of January 31, 2024, Greenhitech Ventures Limited employs a total of 68 individuals, including key management personnel, on its payroll.
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Greenhitech Ventures IPO FAQs
What is the start and end date of Greenhitech Ventures IPO Subscription?
The Greenhitech Ventures IPO started on April 12, 2024, and ended on April 16, 2024.
When does Greenhitech Ventures IPO Subscription open?
The Greenhitech Ventures IPO open on April 12, 2024.
When does Greenhitech Ventures IPO Subscription close?
The Greenhitech Ventures IPO Close on April 16, 2024.
What is the allotment date of Greenhitech Ventures IPO?
The allotment date for Greenhitech Ventures IPO is April 18, 2024.
When is the initial refund date of Greenhitech Ventures IPO?
The initial Refund date for Greenhitech Ventures IPO is April 19, 2024.
When were the shares credited to investors demat accounts for the Greenhitech Ventures IPO?
The shares for the Greenhitech Ventures IPO were credited to investors demat accounts on April 19, 2024.
When will Greenhitech Ventures IPO be listed on the stock market?
Greenhitech Ventures IPO stock market will be listed on April 22, 2024 at 10 am.
What was the price range of the Greenhitech Ventures IPO shares?
The Greenhitech Ventures IPO shares were offered at a price range of ₹50 per share.
What was the lot size for the Greenhitech Ventures IPO shares?
The lot size for the Greenhitech Ventures IPO shares was 3000 shares.
What was the total issue size of the Greenhitech Ventures IPO?
The total issue size of the Greenhitech Ventures IPO was ₹6.30 crores.
How were the shares allocated among different types of investors for the Greenhitech Ventures IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Greenhitech Ventures IPO listed?
The Greenhitech Ventures IPO was listed on the BSE SME.
What is the Greenhitech Ventures IPO Subscription Status?
Greenhitech Ventures IPO is subscribed 769.95 Times.
