Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
SME IPO Status: Listed [23rd Jun 2023 to 27th Jun 2023]
Greenchef Appliances IPO worth Rs 53.62 Cr through a fresh issue is coming soon. The IPO opens for subscription from 23 Jun 2023 to 27 Jun 2023. The face value is Rs 10 per share and the issue price band is ranging from Rs 82 to Rs 87 per share. One can apply for the minimum lot of 1600 shares and its multiples.
Stay tuned for more on Greenchef Appliances SME IPO Review, including company overview, financials, live subscription, allocation, GMP and more.
| SME IPO Issue Opening Date: | 23rd Jun 2023 |
| SME IPO Issue Closing Date: | 27th Jun 2023 |
| SME IPO Issue Price: | ₹82.00-87.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35.00% of the Offer |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹53.62 Cr |
| Fresh Issue: | ₹53.62 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 100.00% |
| Promoter Holding Post IPO: | 73.52% |
| Allotment Status: | Allotment Status |
| NSE Code: | GREENCHEF |
Get important updates regarding Greenchef Appliances SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 3rd Jul 2023 |
| Refunds Initiation* | 4th Jul 2023 |
| Credit of Shares to Demat* | 5th Jul 2023 |
| SME IPO Listing Date* | 6th Jul 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹82.00-87.00 |
| Market Lot: | 1600 Shares |
| 1 Lot Amount: | ₹139200 |
| Min HNI Lots: | 3200 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 06-07-2023 | 87 | 40 | 40000 | ₹127 (45.98%) | 6-Jul-2023 9:00 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Greenchef Appliances is engaged in the business of manufacturing and marketing kitchen appliances under the brand "Greenchef". Its kitchen appliance portfolio includes Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares, Kettles, Hose Pipes, Gas Cylinder Trolley, etc. While it markets appliances like Stainless steel utensils, Vegetable Chopper, Silicon Gasket, Chimney, Water Bottles, Fans, etc. After-sale services like repair and maintenance are also offered to customers.
Certain products are manufactured in-house like railing pipe, brass burner, pan support, etc, while other products are sourced from third-party manufacturers both domestically and globally.
It has 107 authorized service providers across 15 states. Its products are also sold on online platforms like Amazon, Flipkart, Bigbasket, Jiomart, etc.
The company has 3 manufacturing facilities at Bengaluru, Karnataka, and Parwanoo, Himachal Pradesh with an aggregated manufacturing capacity of 51.48 lakhs units per annum. All the manufacturing facilities are connected to 5 strategically located C&F agents in Rajasthan, Maharashtra, UP, Bihar, and Gujarat.
| Incorporation | Sector | IPO Issue Size | Website |
| 2010 | Household Appliances | ₹53.62 Cr | https://www.greenchef.in/ |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 2,923,200 (49.96%) | 878,000 (15.01%) | 2,049,600 (35.03%) | 5,851,200 | |
| 1 | 23rd Jun 2023 19:31 | 2.47x | 1.07x | 1.63x | 1.96x |
| 2 | 26th Jun 2023 19:31 | 3.21x | 5.64x | 14.31x | 7.46x |
| 3 | 27th Jun 2023 19:31 | 17.11x | 96.01x | 62.63x | 44.89x |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 12,562.89 | 23,807.17 | 117.26 | 4,854.57 | 4,498.14 | 3,916.06 |
| 31-Mar-21 | 14,223.39 | 23,929.33 | 257.10 | 5,093.27 | 4,736.84 | 5,182.39 |
| 31-Mar-22 | 17,953.59 | 33,704.52 | 82.09 | 5,170.68 | 4,814.25 | 6,682.81 |
| Amount in ₹ Lakhs | ||||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Greenchef Appliances Limited | 0.45 | 0.45 | 1.48 | |||
| TTK Prestige Limited | 21.99 | 21.99 | 32.75 | 18.89 | ||
| Hawkins Cookers Limited | 158.64 | 158.64 | 40.03 | 43 | ||
| Stove Kraft Limited | 17.21 | 16.96 | 25.1 | 16.86 | ||
| Butterfly Gandhimathi Appliances Limited | 9.02 | 9.02 | 128.54 | 7.03 |
Last Updated on 09-Jul-2023 19:30:22
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Greenchef Appliances SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Greenchef Appliances SME IPO with Zerodha.
Alternate approch to apply in Greenchef Appliances SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Greenchef Appliances SME IPO Review and Important Updates
Other relevant questions :
How to subscribe Greenchef Appliances SME IPO Zerodha? How to purchase Greenchef Appliances SME IPO on Zerodha? Greenchef Appliances SME IPO how to buy Zerodha? Greenchef Appliances SME IPO Zerodha apply. Greenchef Appliances SME IPO purchase Zerodha. Greenchef Appliances SME IPO with Zerodha. Greenchef Appliances SME IPO at Zerodha. Greenchef Appliances SME IPO kite Zerodha. Greenchef Appliances SME IPO using Zerodha. Greenchef Appliances SME IPO via Zerodha.
To subscribe or apply in Greenchef Appliances SME IPO, you can use the following methods:
| Greenchef Appliances SME IPO Applying Mode | Method | Details |
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Greenchef Appliances SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Greenchef Appliances SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Greenchef Appliances SME IPO. Most of the Syndicate Banks provide access to apply in Greenchef Appliances IPO via ASBA process. You must have your net banking access, DP ID information to apply in Greenchef Appliances SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Greenchef Appliances SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Greenchef Appliances SME IPO Review and Important Updates
Other relevant question on same topics are:
Where to subscribe Greenchef Appliances SME IPO? Where to apply for Greenchef Appliances SME IPO? How to subscribe Greenchef Appliances SME IPO online? Greenchef Appliances SME IPO where to apply? Where to buy Greenchef Appliances SME IPO online? How to buy Greenchef Appliances SME IPO online? How to purchase Greenchef Appliances SME IPO? How to get Greenchef Appliances SME IPO? How to book Greenchef Appliances SME IPO? How to invest Greenchef Appliances SME IPO? Greenchef Appliances SME IPO kaise buy kare?
Greenchef Appliances SME IPO is going to be list on 06-07-2023. NSE Code for Greenchef Appliances is GREENCHEF.
Other relevant questions:
When Greenchef Appliances SME IPO will be listing? Greenchef Appliances SME IPO NSE listing date?Greenchef Appliances SME IPO date of listing
Greenchef Appliances SME IPO Allotment Date is 03-07-2023.
Other relevant questions:
Greenchef Appliances SME IPO share allotment date?Greenchef Appliances SME IPO allotment date?
