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Greenhitech Ventures Limited

Incorporated in November 2011, Greenhitech Ventures Limited has established itself as a key player in the trading of petroleum-based products, catering to industries with a diverse range of biofuels, bitumen, and furnace oils. In addition to trading, the company is actively involved in the operation and maintenance of ethanol manufacturing in government-owned distilleries, reinforcing its commitment to renewable energy. Serving fuel consumers and alternative material users across India, particularly in the Purvanchal region of Uttar Pradesh, Greenhitech focuses on delivering effective, efficient, and economical solutions. Headquartered in Jawahar Nagar Colony, Bhelupura, Varanasi, the company employs a dedicated team of 68 professionals, including Key Management Personnel (KMPs), as of January 31, 2024. With its emphasis on sustainability and economic growth, Greenhitech Ventures Limited continues to make a meaningful impact in the energy sector.

₹50 - ₹50770.01x sub
Listed Price95.00
Listing Gain+90.00%
TimelineFixed Price Issue IPO
Open12 Apr 2024
Close16 Apr 2024
Allotment18 Apr 2024
Listing22 Apr 2024

Quota Reservation Portions

RetailPortion: 5,97,000 shares
47.4%
OtherPortion: 5,97,000 shares
47.4%
Market MakerPortion: 66,000 shares
5.24%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,50,000
HNI2 lots / 6,000 shares
₹3,00,000

About the Company

Incorporated in November 2011, Greenhitech Ventures Limited has established itself as a key player in the trading of petroleum-based products, catering to industries with a diverse range of biofuels, bitumen, and furnace oils. In addition to trading, the company is actively involved in the operation and maintenance of ethanol manufacturing in government-owned distilleries, reinforcing its commitment to renewable energy. Serving fuel consumers and alternative material users across India, particularly in the Purvanchal region of Uttar Pradesh, Greenhitech focuses on delivering effective, efficient, and economical solutions. Headquartered in Jawahar Nagar Colony, Bhelupura, Varanasi, the company employs a dedicated team of 68 professionals, including Key Management Personnel (KMPs), as of January 31, 2024. With its emphasis on sustainability and economic growth, Greenhitech Ventures Limited continues to make a meaningful impact in the energy sector.

Company Promoters

Mr. Naved IqbalMr. Mohammad Nadeem