
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
Overall Subscription
770.01x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
942.60x
High Net-Worth
Retail (RII)
597.41x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 597,000 | 562,734,000 | 942.60x |
| RETAIL | 597,000 | 356,655,000 | 597.41x |
| Total | 1,194,000 | 919,389,000 | 770.01x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 147 | 87,819 | 597.41x |
| HNIs (10L +) | 1 | 943 | 942.60x |
| HNIs (2-10L) | 5 | 4,713 | 942.60x |
| Total Applications | 153 | 93,475 | 610.95x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Greenhitech Ventures Limited IPO is ₹42 per equity share. Based on the upper price band of ₹50 to ₹50 per equity share, the estimated listing price is ₹92 (+84.0% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹42, the expected profit per application lot is approx ₹1,26,000 (+84.0% gain). Minimum application cost is approx ₹1,50,000.
The Greenhitech Ventures Limited IPO aggregate issue size is ₹6.3 Crores with an equity price band set at ₹50 to ₹50 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,50,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 770.01x (Retail: 597.41x, QIB: 0.00x, NII: 942.60x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-04-18. Investors can verify status using PAN card or application number.
Greenhitech Ventures Limited shares are scheduled to list on BSE on 2024-04-22.