Greenhitech Ventures Ltd

Greenhitech IPO

Greenhitech Ventures Ltd

₹1,50,000 /3000 sharesMinimum investment

IPO details

Minimum investment
₹1,50,000
Price range
₹50 - ₹50
Lot size
3,000
Issue size
6.30 Cr
Face value
10

Subscription rate

Data will be available soon

Schedule

12 Apr 2024
IPO open date
16 Apr 2024
IPO close date
18 Apr 2024
Allotment date
18 Apr 2024
Funds unblock or debit
22 Apr 2024
Tentative listing date

About

Greenhitech Ventures Limited is engaged in trading of various petroleum-based products for the different categories of industries based on their requirement. This includes supply of biodiesel and light density oils. The company is also engaged in Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries. The Compamny understands the market needs and upgrades its team constantly with growing technology and market trends. The Company provides business solutions and services to consumers of Fuels and other alternative materials across India.;
Parent organisation
Greenhitech Ventures Ltd

Greenhitech Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
3.362024

Strengths & Risks

Strengths
Risks
Existing client relationship.
Experienced Promoter and Management Expertise.
Scalable Business Model.
Timely fulfilment of orders.
The availability, quality and timely delivery of biofuels is an important factor for its business, any fluctuation, delay or increase in cost may affect its business and prices.
The company may face resistance to change from existing users of conventional fossil fuel.
The company has entered into agreement with parties for operation and maintenance of ethanol plants for its production. Any termination of such agreements may have adverse effect on its business, prospects, results of operations and financial condition.
The company doing business with its customers on purchase order basis and does not have long-term contracts with most of them.

Application details

For Greenhitech IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹50 - ₹50₹2 - ₹5 Lakhs3000
High Networth Individual₹50 - ₹50₹2 - ₹5 Lakhs3000

Frequently Asked Questions