Support

Greenchef Appliances Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Greenchef Appliances Ltd IPO

Registered Office: No. 477 E, IV Phase,Peenya Industrial Area , Bangalore - 560058 , Karnataka , India.
Phone : 91-80-29564495   Fax:
Email :  info@grenchef.in  
Website :  www.greenchef.in
Initial public offer of 61,63,200 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Greenchef Appliances Limited ("The Company" or "Greenchef" or "The Issuer") at an issue price of (Rs)87/- per equity share for cash, aggregating up to (Rs)53.62 crores ("Public Issue") out of which 3,12,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)87/- per equity share for cash, aggregating (Rs)2.71 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,51,200 equity shares of face value of (Rs)10 each, at an issue price of (Rs)87/- per equity share for cash, aggregating upto (Rs)50.91 crores is herein after referred to as the "Net Issue". The public issue and net issue was constituted 26.48% and 25.14% respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Jun-23 27-Jun-23 (Rs)87.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 48.83
Hem Securities Ltd
Project Financed through Current Offer 53.62  
Post Issue Equity Share Capital 23.27  
Issue Price (Rs)87.00  
 
Projects
Funding capital expenditure towards installation of additional plant and machineryFunding working capital requirement
Funding capital expenditure towards construction of factory buildingGeneral corporate purposes
Promoted By
Sukhlal Jain  
Praveen Kumar Sukhlal Jain  
Vikas Kumar Sukhlal Jain  
Listing At
NSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd