
Emerging SME Services · BSE
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.
Price Band
₹50
Issue Size
₹6.30 Cr
Lot Size
3000 shares
GMP
+84.0%
Est. Listing
₹92
at current GMP
Subscribed
770.01x
overall
Open
12 Apr 2024
Close
16 Apr 2024
Allotment
18 Apr 2024
Refund
19 Apr 2024
Demat Credit
20 Apr 2024
Listing
22 Apr 2024
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
18 Apr 2024
Basis finalization
Refunds Initiate
19 Apr 2024
Mandate release
Demat Credit
20 Apr 2024
Shares in demat
Listing Debut
22 Apr 2024
Trading begins
Greenhitech Ventures Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹6.3 Crores. The shares are offered at a price band of ₹50 to ₹50 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-04-16, the basis of allotment is scheduled to be finalized on 2024-04-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.