The Greenchef Appliances IPO has begun on 23 June 2023. It will close on 27 June 2023. The Total IPO Size is 53.62 Crore. The company set its IPO price is 82-87 Rs Per Share. Basically, There are three basic categories in Greenchef Appliances IPO Subscription 1) NII 2) Retail Individual Investors (RIIs) 3) QIB.
Greenchef Appliances is established in 2010.
Greenchef Appliances is an engaged in the business manufacturing and marketing of wide range of kitchen appliances under the brand name of “Greenchef”.
The kitchen appliances include wide range of solutions comprising of Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares like: Tawa, Fry Pan, Kadai, Biriyani Pot, Tadka Pan, Paniyarakkal, Appamchetty etc, Kettles, Hose Pipes, Gas Cylinder Trolley and Spin Mop.
They engage in sourcing from third party manufacturers both domestically and from outside India.
They have three manufacturing facilities located at Bengaluru, Karnataka and one manufacturing facility located at Parwanoo, Himachal Pradesh.
Check :- Upcoming SME IPO 2023
Peers
| Name of the Company | EPS | PE | NAV | FV |
| Greenchef Appliances Limited | 0.45 | – | 30.22 | 10 |
| TTK Prestige Limited | 21.99 | 32.75 | 124.79 | 1 |
| Hawkins Cookers Limited | 158.64 | 38.70 | 403.21 | 10 |
| Stove Kraft Limited | 17.21 | 34.95 | 110.75 | 10 |
| Butterfly Gandhimathi Appliances Limited | 9.02 | 138.80 | 131.44 | 10 |
Greenchef Appliances IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Sukhlal Jain | 1,44,000 | 1.67 |
| Praveen Kumar Sukhlal Jain | 2,04,480 | 1.67 |
| Vikas Kumar Sukhlal Jain | 2,97,600 | 1.67 |
| Hitesh Kumar Jain | 48,000 | 1.67 |
| Vikas Kumar Sukhlal Jain HUF | 1,26,60,000 | 1.67 |
| Total Pre Issue | 13,354,080 (78%) | |
Greenchef Appliances IPO Date, Details & Price Band
| IPO Opening Dates | 23 June 2023 |
| IPO Closing Dates | 27 June 2023 |
| Price Band | 82-87 Rs Per Share |
| Fresh issue | 53.62 Crore |
| Total IPO size | 53.62 Crore |
| Minimum bid (lot size) | 1600 Shares |
| Face Value | 10 INR Per Share |
| QIB | 50% |
| NII | 15% |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Greenchef Appliances IPO Market Lot
The Greenchef Appliances IPO minimum market lot is 1600 shares With 1,39,200 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1600 | 1,39,200 Rs |
| Maximum | 1 | 1600 | 1,39,200 Rs |
| S-HNI (Min) | 2 | 3200 | 2,78,400 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 12,562.89 | 23,807.17 | 117.26 |
| 31-Mar-21 | 14,223.39 | 23,929.33 | 257.10 |
| 31-Mar-22 | 17,953.59 | 33,704.52 | 82.09 |
| EPS (₹) | NAV (₹) | RoNW (%) | borrowings (Lakhs) | |
| 31-Mar-20 | 0.65 | 29.43 | 2.30 | 3916.06 |
| 31-Mar-21 | 1.47 | 30.79 | 4.93 | 5182.39 |
| 31-Mar-22 | 0.45 | 30.22 | 1.48 | 6682.81 |
Greenchef Appliances IPO GMP Grey Market Premium
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Greenchef Appliances IPO Prospectus
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| RHP | Download |
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Greenchef Appliances IPO Form Download
Greenchef Appliances IPO is available on NSE Website as well as on our Portal. Please click here Greenchef Appliances IPO form Download.
Greenchef Appliances IPO Allotment Date & Details
| Allotment Date | 03 July 2023 |
| Initiation of refunds | 04 July 2023 |
| Transfer of shares to Demat accounts | 05 July 2023 |
| Listing Date | 06 July 2023 |
| Check Allotment Status | Click here |
Registrar of Greenchef Appliances IPO
Link Intime India PrivateLimited
Address: C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli West, Mumbai 400 083, Maharashtra, India.
Tel No.: +91 810 811 4949
Fax: +91 22 4918 6191
Email: [email protected]
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
SEBI Registration Number: INR000004058
Greenchef Appliances Contact Details
Greenchef Appliances Limited
No. 477 E, IV Phase,
Peenya Industrial Area,
Bangalore – 560 058
Phone: +91-80-29564495
Email: [email protected]
Website: https://www.greenchef.in/
Greenchef Appliances IPO Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person : Roshni Lahoti
SEBI Regn. No. INM000010981