Greenhitech Ventures IPO Subscription Status, Rate

Greenhitech Ventures IPO Subscription Status, Rate
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Greenhitech Ventures IPO Subscription: Greenhitech Ventures IPO is Open on April 12, 2024 and Close on April 16, 2024. Greenhitech Ventures IPO to Raise 1,260,000 Shares (Approx ₹6.30 Cr) via IPO. The Fresh Issue of 1,260,000 shares (Approx ₹6.30 Cr).

  • The Retail Quota is 50%
  • QIB is -%
  • NII is 50%.

Greenhitech Ventures IPO is an SME IPO and Listed on NSE & BSE. Greenhitech Ventures Price Band is Fixed at ₹50 per ₹10 Equity Share. Greenhitech Ventures IPO Lot Size is 3000 Shares.

About Greenhitech Ventures :

Our Company was originally formed as a Partnership Firm under the Partnership Act, 1932 (“Partnership Act”) in the name and style of “Greentech Hydrocarbons” pursuant to Deed of Partnership dated November 18, 2011. Greentech Hydrocarbons was thereafter converted from Partnership Firm to a Private Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of “Greenhitech Ventures Private Limited” and received a Certificate of Incorporation from the Registrar of Companies, Kanpur dated May 14, 2023.

 

Subsequently our Company was converted into Public Limited Company and name of company was changed from “Greenhitech Ventures Private Limited” to “Greenhitech Ventures Limited” vide fresh certificate of incorporation dated October 10, 2023 issued by the Registrar of Companies, Kanpur.

 

Greenhitech Ventures IPO Subscription Status day-by-day-

Categories 12 April
NII 3.92
RII 18.84
Total 11.38

 

 

Greenhitech Ventures IPO Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

 

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

 

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

 

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

 

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