| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹21.90 Cr |
| Reserved for Market Maker | ₹1.14 Cr |
| Net Issue Size | ₹21.90 Cr |
| Fresh Issue | ₹16.67 Cr |
| Offer for Sale | ₹4.08 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹136.00 per share |
| NSE Code | GREENLEAF |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Smart Horizon Capital Advisors... |
| Allotment Status |
| DRHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares · Multiples of 1,000 shares
Greenleaf Envirotech Limited provides comprehensive Engineering, Procurement, and Construction (EPC) and turnkey solutions for Wastewater Treatment (WWT) projects, with a strong focus on Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs). It offers comprehensive services from designing, engineering, procurement, supply, installation and testing to operation & maintenance services.
Key business segments:
The company has a state-of-the art laboratory and consulting facility in Surat, Gujarat. In the last 3 fiscal years, the company has successfully executed 31 Turnkey/EPCC basis worth Rs 6,616.18 lakhs. As of May 31, 2025, the company is executing 17 WWT projects (13 Turnkey/ EPCC basis and 4 O&M basis) and have 2 upcoming projects across various states of Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam and Himachal Pradesh.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure of Company towards purchase of civil machines and equipments | 1.86 |
| 2 | Funding of capital expenditure of Company towards purchase of laboratory equipments | 0.35 |
| 3 | Repayment or prepayment, in full or in part, of borrowings availed by Company from banks, financial institutions and non-banking financial companies | 1.35 |
| 4 | Funding working capital requirements of the Company | 9.00 |
| 5 | General Corporate Purposes | 2.66 |
| 6 | Issue Expenses | 3.18 |
| Total | 18.41 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 25.38 | 15.74 | 12.74 |
| Total Income | 39.08 | 32.64 | 26.58 |
| Profit After Tax | 4.70 | 2.28 | 0.97 |
| EBITDA | 6.62 | 3.66 | 2.09 |
| NET Worth | 12.41 | 7.71 | 2.62 |
| Reserves and Surplus | 7.79 | 3.09 | 1.12 |
| Total Borrowing | 2.49 | 5.13 | 6.12 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 46.68% |
| ROCE | 45.01% |
| Debt / Equity | 0.20% |
| RoNW | 37.84% |
| PAT Margin | 12.09% |
| EBITDA Margin | 17.05% |
| Price to Book Value | 5.06 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.17 | 7.92 |
| P/E (x) | 13.38 | 17.17 |
| Promoter Holding | 78.85% | 59.37% |
| Market Cap | ₹80.64 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager(s) fees including underwriting commission | 2.69 |
| 2 | Brokerage, selling commission and upload fees | 0.01 |
| 3 | Registrar to the Offer | 0.03 |
| 4 | Legal Advisors | 0.03 |
| 5 | Advertising and marketing expenses | 0.04 |
| 6 | Regulators including stock exchanges | 0.04 |
| 7 | Printing and distribution of offer stationary | 0.03 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | 0.31 |
Last Updated on 16-Jun-2026 18:10:14