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Open
23 Jun 2023
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Close
27 Jun 2023
3
Allotment
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Listing
Thu, Jul 6, 2023
Price Band
₹82 to ₹87
Issue Size
61,63,200 shares (agg. up to ₹54 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Jul 6, 2023
Latest GMP
₹40
Est. Gain
45.98%
✦ AI Insight
GMP Trend
06-07-2023₹40Est. ₹127+45.98%
05-07-2023₹40Est. ₹127+45.98%
04-07-2023₹40Est. ₹127+45.98%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 44.84x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 179.54 | 142.23 | 125.63 |
| Total Income | 337.05 | 239.29 | 238.07 |
| Profit After Tax | 0.82 | 2.57 | 1.17 |
| NET Worth | 51.71 | 50.93 | 48.55 |
| Reserves and Surplus | 48.14 | 47.37 | 44.98 |
| Total Borrowing | 66.83 | 51.82 | 39.16 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Elin Electronics Ltd. | Mainboard | ₹475.00 Cr | ₹247 | 29.69 | ₹227.65 | -7.83% | ₹108.30 (-1.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional plant and machinery | 5.15 |
| 2 | Funding Capital Expenditure towards construction of factory building | 25.00 |
| 3 | Funding of Working capital requirements | 10.00 |
| 4 | General Corporate Purpose | 8.68 |
About Greenchef Appliances IPO
Incorporated in 2010, Greenchef Appliances Limited is engaged in the business of manufacturing and marketing kitchen appliances under the brand name Greenchef. Greenchef's kitchen appliances include 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, Kettles, Hose Pipes, Gas Cylinder Trolley and Spin Mop, etc. The company sells its products through offline and online platforms such as Flipkart India Private Limited, Jiomart, Bigbasket, and Amazon Seller Services Private Limited. The company also provides after-sales services in relation to the products. These services include repairs and maintenance of sold goods and installation services. As of December 31, 2022, Greenchef's service team comprises 130 service technicians across 13 states. Further, the company has also appointed 107 authorized service providers across 15 states. Greenchef Appliances have three manufacturing facilities located in Bengaluru, Karnataka, and one manufacturing facility located at Parwanoo, Himachal Pradesh. The Parwanoo facility is focused on manufacturing
Contact Details
Greenchef Appliances Ltd. AddressNo.477 E, IV PhasePeenya Industrial AreaBangalore UrbanBengaluru, Karnataka, 560058+91-80-29564495info@greenchef.inVisit Website