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Greenchef Appliances

Greenchef Appliances

listed
₹1.31LMin. investment

Greenchef Appliances IPO Details

Price range₹82.00 – ₹87.00
IPO type
SME
Lot size1600 shares
Issue size₹53.62Cr
RHP/DRHP
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Greenchef Appliances Timeline

  1. Bid start
    23 Jun 2023
  2. Bid end
    27 Jun 2023
  3. Allotment
    25 Jun 2023
  4. Release of funds
    4 Jul 2023
  5. Demat transfer
    3 Jul 2023
  6. Listing
    6 Jul 2023

About Greenchef Appliances IPO

Incorporated in 2010, Greenchef Appliances Limited operates in the kitchen appliances business. The company manufactures and markets kitchen appliances such as gas stoves, pressure cookers, mixer grinders, and many others. Company manufactures most of its products in-house, enabling it to control cost and monitor quality.
India’s kitchen appliances industry is expected to grow volume at a CAGR of 8.7% between 2022 to 2026 supported by increased technological advancements, and rise in demand from the tier-II and tier-III cities.
Greenchef Appliances is now coming out with its initial public offer (IPO). The IPO will be a  fresh issue. The money raised through the fresh issue will be utilised towards funding capital expenditure towards installing additional plant and machinery, working capital requirement and for general corporate purposes.

Here are key details about the Greenchef Appliances IPO:

Company NameGreenchef Appliances  Company TypePrivate
Company Established On2010IPO TypeSME

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Greenchef Appliances Contact Details

Company NameGreenchef Appliances

How to apply for Greenchef Appliances?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Greenchef Appliances IPO FAQs