IPO SYNOPSIS

Greenhitech Ventures Ltd
Registered Office:
B27/92 K1 Jawahar Nagar Colony,Bhelupura,
Varanasi - 221010,
Uttar Pradesh, India.
Initial public issue of 12,60,000 equity shares of (₹) 10/- each ("Equity Shares") of Greenhitech Ventures Limited ("Greenhitech" or the "Company" or the "Issuer") for cash at a price of (₹) 50/- per equity share including a share premium of (₹) 40/- per equity share (the "Issue Price"), aggregating to (₹) 6.30 crores ("The Issue"), of which 66,000 equity shares of (₹) 10/- each for cash at a price of (₹) 50/- per equity share including a share premium of (₹) 40/- per equity share aggregating to (₹) 0.33 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 (₹) 10/- each including a share premium of (₹) 40/- per equity share aggregating to (₹) 5.97 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 (₹) 10/- and the issue price is (₹) 50/- 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
50.00-0.00
0.00-0.00
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
6.30
 
Post Issue
4.70
 
Issue Price
50.00
 
Projects
To Meet Working Capital Requirements
General Corporate Expenses
Promoted By
Naved Iqbal
Mohammad Nadeem
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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