Greenhitech Ventures Limited

Company Profile
Company Name Greenhitech Ventures Limited
Open Date 12-04-2024
Close Date 16-04-2024
Exchange BSE SME
Lot Size 3000 Shares
Issue Price ₹50 per share
Issue Size 12,60,000 Equity Shares
Application Amount ₹ 1,50,000
Recommendation Avoid
Founded in 2011, Greenhitech Ventures Limited has its registered office in Varanasi, Uttar Pradesh, India. The company is engaged in trading of various petroleumbased products for the different categories of industries. The company is also engaged in Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries.The company provide business solutions and services to consumers of Fuels and other alternative materials across India. As of January 31, 2024, the company had a total of 68 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Jan-24
Total Assets 2,378.58 3,188.77 2,708.05 2,677.75
Net Assets 140.99 322.45 315.45 456.64
Total Borrowing 114.60 150.15 347.07 431.71
Total Revenue 4,007.68 6,611.58 2,504.35 474.79
Profit After Tax 24.39 135.13 57.23 40.70

Tentative Timeline

Opening Date 12-04-2024
Closing Date 16-04-2024
Basis of Allotment 18-04-2024
Initiation of Refunds 19-04-2024
Credit of Shares to Demat 19-04-2024
Listing Date 22-04-2024

Objects of the Issue

To meet working capital requirements.
General corporate purposes.

Contact Information

Registered Office Greenhitech Ventures Limited B27/92 K1 Jawahar Nagar Colony Bhelupura Varanasi- 221010
Phone 91-9336875025

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022

IPO Reservation

Retail Shares Offered 50% of the Net Issue
Other Shares Offered 50% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.19%

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