Greenhitech Ventures Limited IPO GMP Today, Price Range and Company Details

Greenhitech Ventures' IPO, opening April 12-16, 2024, is priced at ₹50 per share with a ₹15 Grey Market Premium, offering lots of 3000 shares.
Greenhitech Ventures Limited IPO GMP Today, Price Range and Company Details

As of April 11th, 2024, Greenhitech Ventures’s IPO has ₹15 as Grey Market Premium, with a price ₹50 per share. Offering lots of 3000 shares, the subscription window is open from April 12, 2024 to April 16, 2024

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Greenhitech Ventures Limited GMP Today

The Grey Market Premium (GMP) for Greenhitech Ventures Limited is ₹15 as of April 11, 2024. This assessment coincides with a price of ₹50 per share for the IPO.

Greenhitech Ventures Limited IPO Review

Greenhitech Ventures has experienced fluctuating financial performance. While equity consistently grew, indicating potential expansion, their revenue and profitability saw a downturn. From March 2022 to January 2024, revenue plunged from ₹6,611.58 lakhs to ₹335.67 lakhs, and profit after tax (PAT) decreased significantly.

The company’s earnings per share (EPS) and Return on Net Worth (RoNW) also showed decline, falling from ₹168.93 to ₹1.06 and from 41.91% to 7.80%, respectively. However, the increase in total assets suggests room for business growth, presenting a mixed financial outlook for Greenhitech Ventures.

Greenhitech Ventures Limited IPO Date

Greenhitech Ventures Limited will start accepting subscriptions on April 12, 2024, to April 16, 2024

Greenhitech Ventures Limited IPO Price

Greenhitech Ventures Limited price range is ₹50 Per Share with a face value of ₹10 each.

Greenhitech Ventures Limited

Greenhitech Ventures, founded in October 2023, specialises in trading various petroleum products, including biofuels and bitumen, and subcontracting for ethanol production. Emphasising quality, timely delivery, and cost efficiency, it thrives on innovation, customer relations, and government support, making it a leading biofuel supplier in India, particularly in Uttar Pradesh’s Purvanchal belt.

How To Apply For Greenhitech Ventures Ltd IPO?

To apply for the Greenhitech Ventures through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Greenhitech Ventures on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Greenhitech Ventures IPO at Alice Blue in just a few clicks!

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