GVL IPO Overview! Issue Size, GMP, Issue Price, And All Details To Know

GVL IPO overview! Issue Size, GMP, Issue Price, and All Details to Know Greenhitech Ventures Limited.

GVL trades petroleum products, supplies biodiesel operates ethanol manufacturing, upgrades teams, and offers fuel solutions and services nationwide.

About Greenhitech Ventures Limited.

GVL company, initially named Greentech Hydrocarbons, began as a Partnership Firm in 2011. It later transitioned into a Private Limited Company named “Greenhitech Ventures Private Limited” in 2023 and then became a Public Limited Company named “Greenhitech Ventures Limited” in the same year.

GVL IPO Details

Company Name: Greenhitech Ventures Limited
Offer Period: 12th – 16th Apr
Price Range: ₹50 – ₹50
Total Shares Offered: 150,000
Lot Size: 3,000 Qty.
Offer Start Date: 2024-04-12
Offer End Date: 2024-04-16
Allotment Date: 2024-04-18
Refund Initiation Date: 2024-04-19
Demat Transfer Date: 2024-04-19
Listing Date: 2024-04-22
Mandate End Date: 2024-05-01

GMP of Greenhitech Ventures Limited.

Greenhitech Ventures IPO GMP is ₹25 as of today.

GMP Date	IPO GMP
16-04-2024(Closed)	₹25
15-04-2024	₹20
14-04-2024	₹20
13-04-2024	₹20
12-04-2024	₹15

PROMOTERS

Mr Naved Iqbal
- PARTNER
Er Mohd Nadeem
- PARTNER

FINANCIAL

Summary of Financial Information

Share Capital ranged from ₹140.99 to ₹415.31 over the observed periods.

Particulars	For the period ended January 31, 2024	For the year ended May 13, 2023	For the year ended March 31, 2023	For the year ended March 31, 2022	For the year ended March 31, 2021
Share Capital	344.00	415.31	315.45	322.45	140.99
Net Worth	456.64	415.31	315.45	322.45	140.99
Total Revenue	335.67	139.12	2504.35	6611.58	4007.69
Profit after Tax	35.64	5.05	57.23	135.14	24.39
Earnings Per Share	1.06	6.32	71.53	168.93	30.48
Net Asset Value Per Share (₹)	13.27	4153.08	3154.50	3224.47	1409.88
Total Borrowings	431.71	346.67	347.07	150.14	114.60

Pre-Issue and Post-Issue Shareholding Summary

Category	Names	Pre-Issue Shares Held	Pre-Issue % Shares Held	Post-Issue Shares Held	Post-Issue % Shares Held
A. PROMOTER	Mr. Naved Iqbal	16,58,000	48.20	16,58,000	35.28
	Mr. Mohammad Nadeem	16,58,000	48.20	16,58,000	35.28
	TOTAL (A)	33,16,000	96.40	33,16,000	70.55
B. PROMOTER GROUP	Mr. Javed Iqubal	1,000	0.03	1,000	0.02
	Mrs. Shagufta Jawed	1,000	0.03	1,000	0.02
	Mrs. Neha Nasir	1,000	0.03	1,000	0.02
	Mrs. Yashba Humra	1,000	0.03	1,000	0.02
	TOTAL (B)	4,000	0.12	4,000	0.09
C. PUBLIC	Mr. Amit Kumar Singh	86,000	2.50	86,000	1.83
	Mrs. Suchi Agarwal	34,000	0.99	34,000	0.72
	TOTAL (C)	1,20,000	3.49	1,20,000	2.55
GRAND TOTAL (A+B+C)	–	34,40,000	100.00	34,40,000	73.19