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Greenchef Appliances Ltd

Registered Office : No. 477 E, IV Phase,Peenya Industrial Area,Bangalore Karnataka 560058 Phone : 91-80-29564495
Fax :

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

Opens On

Closes On

23-Jun-2023

27-Jun-2023

Money Payable On

Application

Allotment

87.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

48.83

53.62

23.27

87.00

Hem Securities Ltd

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

MUFG Intime India Pvt Ltd