The Greenhitech Ventures IPO subscription status started on April 12, 2024, and it is also being subscribed by NII and RII. The Greenhitech Ventures IPO began on April 12, 2024, and will end on April 16, 2024. Greenhitech Ventures IPO is preparing to raise ₹6.30 crores through its fresh issue the Greenhitech Ventures IPO price band is fixed at ₹50 per share. You Can check Greenhitech Ventures IPO GMP here.
Greenhitech Ventures Limited traded various petroleum-based products for different categories of industries based on their requirement. This includes the supply of biofuels, bitumen, light-density oils, furnace oils, etc. The company is also engaged in Operation & Maintenance as a Job worker for Ethanol manufacturing in government-owned distilleries.
Greenhitech Ventures IPO reserved shares in this IPO 50% for NII, and 50% for the retail category have been reserved. To know the Greenhitech Ventures IPO Subscription Status, you can see the below-day Subscription.
Greenhitech Ventures IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹0.35 Cr ₹50 /EQ 1.06 47.17x 8.17 % 7.80 % 17.19 % 0.95 ₹13.27 ₹26.78 Cr ₹23.50 Cr 100.00 % 73.19 % |
| Team Review : | AVOID |
Show Review…….
- ■ The company is in the business of trading in various petroleum based products.
- ■ The company posted lower top and bottom lines for FY24 so far and based on that the issue.
- ■ The company PE ratio is very high.
- ■ The price band is costly on this valuation, so I think avoid this.
Greenhitech Ventures IPO Subscription Status {Live Update} :
The total Greenhitech Ventures IPO Subscription Status subscribed 769.95x times so far, with NII subscribed 921.60x times & RII 597.41x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| NII : | 6.56x | 70.56x | 921.60x |
| RII : | 25.10x | 140.06x | 597.41x |
| Total : | 15.83x | 108.86x | 769.95x |
Greenhitech Ventures IPO Net Shares Offered:
Greenhitech Ventures IPO is a public issue of 12,60,000 equity shares. The issue offers 597,000 shares to non-institutional investors, and 597,000 shares to retail investors.
| Category | Shares | Amount Cr |
| NII : | 597,000 | ₹2.99 |
| RII : | 597,000 | ₹2.99 |
| MMRP : | 66,000 | ₹0.33 |
| Total : | 1,260,000 | ₹6.30 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Greenhitech Ventures IPO Subscription Status FAQs :
How much is the total Greenhitech Ventures IPO Subscription Status?
The total Greenhitech Ventures IPO Subscription Status 769.95x times Day 3.
What is the Greenhitech Ventures IPO retail subscription Status?
Greenhitech Ventures IPO Retail Subscription 597.41x times Day 3.
What is the Greenhitech Ventures IPO NII subscription status?
Greenhitech Ventures IPO NII Subscription 921.60x times Day 3.
When is the Greenhitech Ventures IPO Allotment Date?
Greenhitech Ventures IPO allotment date is April 18, 2024.
When is the Greenhitech Ventures IPO Listing Date?
Greenhitech Ventures IPO listing date is April 22, 2024. The IPO is to be listed on NSE, SME.
How to Apply the Greenhitech Ventures IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Greenhitech Ventures IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Greenhitech Ventures IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Greenhitech Ventures IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Greenhitech Ventures IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Greenhitech Ventures IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Greenhitech Ventures IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Greenhitech Ventures IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Greenhitech Ventures IPO GMP: Click Here Greenhitech Ventures IPO Details: Click Here Greenhitech Ventures IPO Allotment: Click Here Greenhitech Ventures IPO Listing: Click Here |
All Greenhitech Ventures IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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