Greenhitech Ventures IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Greenhitech Ventures Limited IPO GMP

Greenhitech Ventures is set to launch its IPO, offering a fixed price issue worth Rs 6.30 crores, exclusively comprising 12.6 lakh fresh shares.

The subscription for this IPO commences on April 12, 2024, and concludes on April 16, 2024. Allotment results are anticipated by April 18, 2024, with the company expected to list on BSE SME by April 22, 2024.

Priced at ₹50 per share, the minimum application lot size stands at 3000 shares, requiring a minimum investment of ₹150,000 for retail investors and 2 lots (6,000 shares) or ₹300,000 for HNIs.

The book running lead manager is Beeline Capital Advisors Pvt Ltd, with Skyline Financial Services Private Ltd acting as the registrar, and Spread X Securities serving as the market maker for Greenhitech Ventures IPO.

The Issue includes a public Issue of 12,60,000 Equity Shares of our Company at an Issue Price of ₹50/- per Equity Share.

The Net Proceeds will be utilized towards the following objects:

  1. To Meet Working Capital Requirement
  2. General Corporate Purpose

Listing will enhance corporate image and visibility of brand name. Along with this It will also provide liquidity to the existing shareholders creating a public trading market for the Equity Shares of the Company.

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Step Process Timeline
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6 IEC Certificate Issued – Import Export Code generated and delivered via email.

Estimated Total Duration: 1–3 Working Days

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Estimated Turnaround Time: 2–4 Working Days (per return period)

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Step Process Timeline
1 Notice Review – Our experts analyze the notice issued by the Income Tax Department. Same Day
2 Document Collection – Required financial records and tax documents collected. 1–2 Days
3 Case Analysis – Detailed evaluation of discrepancies and legal provisions. 1 Day
4 Reply Drafting – Professional response prepared with supporting documents. 1 Day
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Step Process Timeline
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6 Udyam Certificate Issued – MSME registration certificate generated and shared. Within 1–2 Days

Estimated Total Duration: 1–2 Working Days

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Step Process Timeline
1 Consultation – Our experts verify IEC and business details. Same Day
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Estimated Total Duration: 1–3 Working Days

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
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6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

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Step Process Timeline
1 Consultation – Our experts understand your income sources and tax requirements. Same Day
2 Document Collection – Required documents and income details collected. Same Day
3 Tax Calculation – Accurate computation of income, deductions, and tax liability. 1 Day
4 ITR Preparation – Preparation of the appropriate ITR form. 1 Day
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6 ITR Filing & Acknowledgment – Return filed on Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 1–2 Working Days

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Step Process Timeline
1 Case Review – Our experts analyze the cancellation order and eligibility for revocation. Same Day
2 Compliance Check – Verification of pending returns and tax liabilities. 1 Day
3 Document Preparation – Preparing explanation and supporting documents. 1 Day
4 Revocation Application Filing – Submission of Form GST REG-21 on the GST portal. 1 Day
5 GST Officer Review – Department reviews the application and may request clarification. 2–3 Days
6 GSTIN Reactivation – GST registration restored after approval.

Estimated Total Duration: 3–7 Working Days

The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

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Step Process Timeline
1 Consultation – Our experts understand your business structure and tax requirements. Same Day
2 Document Collection – Financial records and tax documents collected. 1–2 Days
3 Financial Review – Analysis of income, expenses, and deductions. 1 Day
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6 Return Filing – Business tax return filed on the Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 2–4 Working Days

The GST notice reply process at Finance Saathi is systematic and professional:

Step Process Timeline
1 Notice Review – Our experts analyze the GST notice and identify the issue. Same Day
2 Document Collection – Required invoices, returns, and records are gathered. 1–2 Days
3 Case Analysis – Detailed examination of discrepancies and legal provisions. 1 Day
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6 Submission on GST Portal – Final reply submitted before deadline. Same Day

Estimated Resolution Time: 2–4 Working Days

Services

The Udyam registration process at Finance Saathi is quick and completely online:

Step Process Timeline
1 Consultation – Our experts understand your business details and eligibility. Same Day
2 Document Collection – Required business and identity details collected. Same Day
3 Application Preparation – MSME registration application prepared on Udyam portal. Same Day
4 Online Submission – Application submitted on the official Udyam registration portal. Same Day
5 Verification & Processing – Government system verifies Aadhaar and PAN details. Same Day
6 Udyam Certificate Issued – MSME registration certificate generated and shared. Within 1–2 Days

Estimated Total Duration: 1–2 Working Days

The GST amendment process at Finance Saathi is simple, transparent, and fully online:

Step Process Timeline
1 Consultation – Our experts understand the amendment requirement. Same Day
2 Document Collection – You share required documents digitally. 1 Day
3 Application Preparation – Amendment application prepared on GST portal. 1 Day
4 Filing GST Amendment – Submission of Form GST REG-14 online. Same Day
5 GST Officer Review – Approval required for certain amendments. 2–3 Days
6 Updated GST Certificate Issued – Amendment approved and updated in GST records.

Estimated Total Duration: 2–4 Working Days

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
5 Client Confirmation – Draft shared for approval before filing. Same Day
6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

The Income Tax notice handling process at Finance Saathi is systematic and fully online:

Step Process Timeline
1 Notice Review – Our experts analyze the notice issued by the Income Tax Department. Same Day
2 Document Collection – Required financial records and tax documents collected. 1–2 Days
3 Case Analysis – Detailed evaluation of discrepancies and legal provisions. 1 Day
4 Reply Drafting – Professional response prepared with supporting documents. 1 Day
5 Client Confirmation – Draft reply shared for approval. Same Day
6 Submission on Income Tax Portal – Final reply submitted before the deadline. Same Day

Estimated Total Duration: 2–4 Working Days

The Income Tax Return filing process at Finance Saathi is simple and completely online:

Step Process Timeline
1 Consultation – Our experts understand your income sources and tax requirements. Same Day
2 Document Collection – Required documents and income details collected. Same Day
3 Tax Calculation – Accurate computation of income, deductions, and tax liability. 1 Day
4 ITR Preparation – Preparation of the appropriate ITR form. 1 Day
5 Client Approval – Return shared with client for confirmation. Same Day
6 ITR Filing & Acknowledgment – Return filed on Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 1–2 Working Days

The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

The IEC registration process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Consultation – Our experts understand your import/export business requirements. Same Day
2 Document Collection – Required documents and business details collected. Same Day
3 Application Preparation – IEC registration application prepared on DGFT portal. 1 Day
4 Online Submission – Application filed on the DGFT website. Same Day
5 Verification & Processing – DGFT verifies application details. 1–2 Days
6 IEC Certificate Issued – Import Export Code generated and delivered via email.

Estimated Total Duration: 1–3 Working Days

The business tax filing process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Consultation – Our experts understand your business structure and tax requirements. Same Day
2 Document Collection – Financial records and tax documents collected. 1–2 Days
3 Financial Review – Analysis of income, expenses, and deductions. 1 Day
4 Tax Calculation & Return Preparation – Accurate computation and preparation of ITR form. 1 Day
5 Client Approval – Draft return shared with client for confirmation. Same Day
6 Return Filing – Business tax return filed on the Income Tax portal and acknowledgment shared. Same Day

Estimated Total Duration: 2–4 Working Days

The GST revocation process at Finance Saathi is simple and fully online:

Step Process Timeline
1 Case Review – Our experts analyze the cancellation order and eligibility for revocation. Same Day
2 Compliance Check – Verification of pending returns and tax liabilities. 1 Day
3 Document Preparation – Preparing explanation and supporting documents. 1 Day
4 Revocation Application Filing – Submission of Form GST REG-21 on the GST portal. 1 Day
5 GST Officer Review – Department reviews the application and may request clarification. 2–3 Days
6 GSTIN Reactivation – GST registration restored after approval.

Estimated Total Duration: 3–7 Working Days

The GST notice reply process at Finance Saathi is systematic and professional:

Step Process Timeline
1 Notice Review – Our experts analyze the GST notice and identify the issue. Same Day
2 Document Collection – Required invoices, returns, and records are gathered. 1–2 Days
3 Case Analysis – Detailed examination of discrepancies and legal provisions. 1 Day
4 Drafting Reply – Professional response prepared with supporting documents. 1 Day
5 Client Approval – Reply shared with client for confirmation. Same Day
6 Submission on GST Portal – Final reply submitted before deadline. Same Day

Estimated Resolution Time: 2–4 Working Days

The ICEGATE registration process at Finance Saathi is simple and completely online:

Step Process Timeline
1 Consultation – Our experts verify IEC and business details. Same Day
2 Document Collection – Required documents collected digitally. Same Day
3 Application Preparation – ICEGATE registration application prepared. 1 Day
4 Online Submission – Application submitted on ICEGATE portal. Same Day
5 Verification – Customs system verifies submitted details. 1–2 Days
6 ICEGATE Account Activation – Login credentials activated for portal access.

Estimated Total Duration: 1–3 Working Days

The GST return filing process at Finance Saathi is simple, structured, and fully online:

Step Process Timeline
1 Consultation & Return Type Identification – We identify applicable returns based on your business. Same Day
2 Document Collection – You share invoices and required details digitally. 1–2 Days
3 Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. 1 Day
4 GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. 1 Day
5 Client Confirmation – Draft shared for approval before filing. Same Day
6 GST Return Filing – Returns filed on the GST portal and acknowledgment shared. Same Day

Estimated Turnaround Time: 2–4 Working Days (per return period)

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