IPO IPO-Synopsis
Greenhitech Ventures Ltd

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Registered Office: B27/92 K1 Jawahar Nagar Colony,Bhelupura , Varanasi - 221010 , Uttar Pradesh , India.
Phone : +91 93368 75025   Fax:
Email :  info@greenhitech.org  
Website :  www.greenhitech.org
Initial public issue of 12,60,000 equity shares of Rs10/- each ("Equity Shares") of Greenhitech Ventures Limited ("Greenhitech" or the "Company" or the "Issuer") for cash at a price of Rs50/- per equity share including a share premium of Rs40/- per equity share (the "Issue Price"), aggregating to Rs6.30 crores ("The Issue"), of which 66,000 equity shares of Rs10/- each for cash at a price of Rs50/- per equity share including a share premium of Rs40/- per equity share aggregating to Rs0.33 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 11,94,000 equity shares of Rs10/- each including a share premium of Rs40/- per equity share aggregating to Rs5.97 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.81% and 25.40%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs10/- and the issue price is Rs50/- the issue price is 5.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Apr-24 16-Apr-24 Rs50.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 5.35
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.30  
Post Issue Equity Share Capital 4.70  
Issue Price Rs50.00  
Projects
To Meet Working Capital RequirementsGeneral Corporate Expenses
Promoted By
Naved Iqbal
Mohammad Nadeem
Listing At
BSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt