IPO Trending
GVLSME / BSEListed
Greenhitech Ventures

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 Price₹95.00
Listing Gain+90.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open12 Apr 2024
Close16 Apr 2024
Allotment18 Apr 2024
Listing22 Apr 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail5,97,000 shares
47.4%
Other5,97,000 shares
47.4%
Market Maker66,000 shares
5.24%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,50,000
HNI2 Lots (6,000 shares)
₹3,00,000

Company Promoters

Mr. Naved IqbalMr. Mohammad Nadeem

Company Background

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-owne...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24 )₹335.67 Cr
Growth-91.6%
Revenue Trend (₹ in Crores)
0.02.5k5.1k7.6kMar-21Mar-22Mar-23Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-24 335.6735.642,677.75431.71
Mar-232,504.3557.232,708.06347.07
Mar-226,611.58 135.143,188.77150.14
Mar-214,007.6924.392,378.58114.60

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jan-24 1.068.17%17.19%3.7730.05
Mar-23 1.8117.94%49.39%00
Mar-224.1958.32%79.69%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
18 Apr 2024
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
22 Apr 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Greenhitech Ventures. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization18 Apr 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date22 Apr 2024Trading commences on exchange

How to Check Greenhitech Ventures Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Greenhitech Ventures IPO

Complete issue overview for Greenhitech Ventures (GVL) IPO. The issue features an equity share price band of ₹50 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,50,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions