IPO Synopsis

Greenchef Appliances Ltd
Registered Office: No. 477 E, IV Phase,Peenya Industrial Area,Bangalore-560058, Karnataka
Tel. No: 91-80-29564495
Fax No:
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-2023 27-Jun-2023 ₹87.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of :1600
(₹ 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 87.00
Projects
Funding capital expenditure towards installation of additional plant and machinery
Funding capital expenditure towards construction of factory building
Funding working capital requirement
General corporate purposes
Promoted By
Sukhlal Jain
Praveen Kumar Sukhlal Jain
Vikas Kumar Sukhlal Jain
Listing At
NSE - SME
Registrar To The Issue