IPO Synopsis

Greenhitech Ventures Ltd

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 Rs. 10/- each ("Equity Shares") of Greenhitech Ventures Limited ("Greenhitech" or the "Company" or the "Issuer") for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share (the "Issue Price"), aggregating to Rs. 6.30 crores ("The Issue"), of which 66,000 equity shares of Rs. 10/- each for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 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 Rs. 10/- each including a share premium of Rs. 40/- per equity share aggregating to Rs. 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 Rs. 10/- and the issue price is Rs. 50/- the issue price is 5.00 times of the face value. Issue Opens On Closes On 12-Apr-24 16-Apr-24 Money Payable On Application Allotment 50.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 5.35 Beeline Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 6.30   Post Issue Equity Share Capital (.Cr) 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