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

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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:

To Meet Working Capital Requirement
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.