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Greenchef Appliances

Greenchef Appliances

smelisted
Registrar: Link Intime India Private Limited · Listing 2023-07-06
IPO Timeline
Today · 20 Oct 2026
Opens
23 Jun 2023
Closes
27 Jun 2023
Allotment
25 Jun 2023
Refund
04 Jul 2023
Demat
03 Jul 2023
Listing
06 Jul 2023
Price Band
₹82–87
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹139,200
Subscription
0x
Issue Size
₹53.62 Cr
Open
2023-06-23
Close
2023-06-27
Listing
2023-07-06

About the company

## **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 Name| Greenchef Appliances |  | Company Type| Private ---|---|---|---|--- Company Established On|2010IPO Type|SME

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 06 Jul 2023
      Listed 1202 days ago
      1. IPO Opens

        Completed
        23 Jun 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        27 Jun 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        25 Jun 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        04 Jul 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        03 Jul 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        06 Jul 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹87
      Min Investment (1 lot)
      ₹139,200
      Price Band
      ₹82–87
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹139,200
      Max amount
      ₹139,200
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹278,400
      Max amount
      ₹278,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹26.81 Cr
      Shares offered
      3,172,781
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹8.04 Cr
      Shares offered
      951,834
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹18.77 Cr
      Shares offered
      2,220,947
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).