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GAGREENCHEFListed

Greenchef Appliances Limited

Book Built Issue IPO · NSE

Price band
₹82 - ₹87
Lot size
1,600 shares
Issue amount
₹53.62 cr
Total subscription
64.15×
Current price₹61.1
Listing price ₹104
Watch live price ↗
Opens
23 Jun 2023
Closes
27 Jun 2023
Allotment
3 Jul 2023
Listing
6 Jul 2023

Offer at a glance

Issue overview

Issue size
61,63,200 shares
Face value
₹10 per share
Minimum investment
₹1,31,200
Fresh issue
₹53.62 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE
Maximum investment
₹1,39,200
Issue type
Book Built Issue IPO
Shares before issue
1,71,08,640
Shares after issue
2,32,71,840

Lot sizes

CategoryLotsSharesAmount
RETAIL11,600₹1,39,200
HNI23,200₹2,78,400

Share reservation

QIB47.43%
NII (HNI)14.25%
RETAIL33.26%
Market Maker5.06%

Subscription & GMP

Subscription by category

Total subscribed64.15×

Missing multiples are calculated from bids and offered shares when available.

QIB42.7×
NIB96.32×
RETAIL62.63×

GMP history

0214220 Mar: ₹4210 Nov: ₹42
20 Mar₹4210 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs10.19435.06
RETAIL17.831,116.8
NIB7.64736.08

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
010,00020,00030,00040,000Mar 2023 · Revenue: 33,704.52Mar 2023 · Profit after tax: 82.09Mar 2023Mar 2021 · Revenue: 23,929.33Mar 2021 · Profit after tax: 257.1Mar 2021Mar 2020 · Revenue: 23,807.17Mar 2020 · Profit after tax: 117.26Mar 2020
RevenueProfit after tax

Key performance indicators

MetricValues
EPS5.97
ROE18.19
ROCE12.52
RONW16.85
PRE IPO(PE)14.87
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Greenchef Appliances Limited, incorporated in 2010, manufactures and markets kitchen appliances under the brand name Greenchef. Its product portfolio includes gas stoves, pressure cookers, mixer grinders, wet grinders, electric rice cookers, induction cooktops, and non-stick cookware such as tawa, fry pans, kadai, biryani pots, tadka pans, paniyarakkal, appamchetty, kettles, hose pipes, gas cylinder trolleys, and spin mops. The company sells its products through offline and online platforms, including Flipkart, Jiomart, Bigbasket, and Amazon, and provides after-sales services, with a team of 130 technicians across 13 states and 107 authorized service providers across 15 states. Greenchef operates four manufacturing facilities—three in Bengaluru, Karnataka, and one in Parwanoo, Himachal Pradesh, the latter focused on gas stoves and hose pipes, in partnership with oil companies like HPCL, IOCL, and BPCL. Its distribution network includes around 450 distributors in 22 states and three union territories, supported by five strategically located Carrying and Forwarding agents in Rajasthan, Maharashtra, Uttar Pradesh, Gujarat, and Bihar.

Promoters

Mr. Sukhlal Jain

Mr. Praveen Kumar Sukhlal Jain

Mr. Vikas Kumar Sukhlal Jain

Mr. Hitesh Kumar Jain

Mr. Vikas Kumar Sukhlal Jain HUF

Registrar & documents

Lead manager

Hem Securities Limited

Registered office

No. 477 E, IV Phase, Peenya Industrial Area, Bangalore - 560 058

+91-80-29564495

[email protected]Company website ↗

Understanding GREENCHEF IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.