Open Date
23 June 2023
27 June 2023
1600
₹ 53.62 Cr
Close Date
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
6 July 2023
Price Range
₹82 - ₹87 per share
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 IPO comprises of a total issue 6,163,200 shares (aggregating up to ₹53.62 Cr)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. Funding Capital Expenditure towards the installation of additional plant and machinery, and the construction of the factory building, 2. Funding of working capital requirement, and 3. General Corporate Purpose.
The allotment date of Greenchef Appliances IPO is set for 3rd July, 2023.