31 Mar 2020
Assets125.63
Total Income238.07
Profit After Tax1.17
NET Worth48.55
Reserves and Surplus44.98
Total Borrowing39.16
At a glance
Updated 2026-09-16The shares listed at ₹104.00, a 19.54% move from the issue price. Greenchef Appliances is a SME IPO with an issue size of ₹53.62 crore, proposed for listing on NSE SME. The offer opens on 23rd Jun 2023 and closes on 27th Jun 2023. The issue structure includes a fresh issue of ₹50.91 crore. The current listing schedule points to 6th Jul 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹53.62 Cr
Fresh issue₹50.91 Cr
Face value₹10
Price band₹82.00–₹87.00
Allotment3rd Jul 2023
Listing6th Jul 2023
Listing performance
Full performance ↗Issue price₹87.00
Listing price₹104.00
Current price—
Listing gain19.54%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹40.00
GMP / upper price45.98%
Est. listing₹127.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Jun 2023
Closes27th Jun 2023
Allotment3rd Jul 2023
Refund4th Jul 2023
Demat5th Jul 2023
Listing6th Jul 2023
Subscription demand
Full bidding ↗Total64.08×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹139,200 |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards installation of additional plant and machinery | ₹5.15 Cr |
| Funding Capital Expenditure towards construction of factory building | ₹25.00 Cr |
| Funding of Working capital requirements | ₹10.00 Cr |
| General Corporate Purpose | ₹8.68 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue337.05₹ Cr · +40.9% vs prior year
PAT0.82₹ Cr · -68.1% vs prior year
Assets179.54₹ Cr · +26.2% vs prior year
Net Worth51.71₹ Cr · +1.5% vs prior year
Borrowing66.83₹ Cr · +29.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets142.23
Total Income239.29
Profit After Tax2.57
NET Worth50.93
Reserves and Surplus47.37
Total Borrowing51.82
31 Mar 2022
Assets179.54
Total Income337.05
Profit After Tax0.82
NET Worth51.71
Reserves and Surplus48.14
Total Borrowing66.83
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS5.97
Pre-IPO P/E14.87
Promoter holding pre100%
Promoter holding post73.52%
Market cap₹202.47 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Greenchef Appliances IPO | — | 14.87 x | — | — |
| Skytech Infinite IPO | — | 18.00 x | — | — |
| Advance Technoforge IPO | — | 21.16 x | — | — |
| Susan Electricals IPO | — | 14.15 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees | ₹0.30 Cr |
| Fees Payable to Registrar to the Issue | ₹0.02 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.05 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.06 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.03 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.14 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees, Underwriting fees and Miscellaneous Expenses) | ₹4.19 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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