Greenchef Appliances Limited IPO Review & Recommendations
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June 23, 2023 - June 27, 2023
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Greenchef Appliances Limited IPO Review
Greenchef Appliances was established in 2010 and focused on producing and selling a diverse selection of kitchen appliances under the Greenchef brand. Greenchef appliances ltd company operates three manufacturing facilities in Bengaluru, Karnataka, and an additional plant in Parwanoo, Himachal Pradesh. about Greenchef company Parwanoo facility specifically produces gas stoves and hose pipes. Additionally, the company has established marketing agreements with oil companies such as Hindustan Petroleum Corporation Limited for these products.
Their Competitive Strengths are a diverse range of products across consumer preferences, emerging players in some of the key verticals, a well-connected distribution network with a presence across multiple retail channels, Strong manufacturing capability with efficient backward integration, and a Consistent focus on quality.
Greenchef Appliances Limited Products and Services
Their Products and services are manufacturing and marketing of a wide range of kitchen appliances. They are a company that makes and sells various kitchen appliances under the name Green Chef. Their products include gas stoves, pressure cookers, mixer grinders, wet grinders, electric rice cookers, induction cooktops, non-stick cookware such as frying pans, pots, and pans for making biriyani, tadka pans, and specialized pans for making paniyaram and appam, kettles, hose pipes, gas cylinder trolleys, and spin mops.
Their Business Strategies are to Increase their geographical reach and expand the addressable market, capitalize on increasing indigenization, Scale-up branding, strengthen their existing product portfolio, and diversify, Invest in new manufacturing facilities.
Financial Overview
The company operates in a fiercely competitive and diverse market, with numerous large and small competitors. Considering the exceptional earnings, the current valuation of the stock seems to be fully reflected in its price. However, considering the company's historical performance, the stock appears to be priced at a higher level, reflecting a more aggressive valuation. Well Informed Investor may think to apply for this IPO.
Frequently Asked Question
The face value of Greenchef Appliances Limited IPO is ₹10 per share.
Greenchef Appliances Limited IPO share price ₹82 to ₹87 per share.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Pre-issue shareholding of the Greenchef Appliances Limited IPO promoter is 100.00%.
Lot size of the Greenchef Appliances Limited IPO is 1600 shares.
Minimum and maximum order quantity is 1 lot only.
Opening date of Greenchef Appliances Limited IPO is June 23, 2023.
Closing date of Greenchef Appliances Limited IPO is June 27, 2023.
Post-issue shareholding of the Greenchef Appliances Limited IPO promoter is 73.52%.
Greenchef Appliances Limited IPO shares will get listed on July 06, 2023.
If you do not get the allotment of Greenchef Appliances Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
You will receive Greenchef Appliances Limited IPO shares in your Demat account on July 05, 2023, if allotted.
The meaning of "Greenchef Appliances Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Greenchef Appliances Limited IPO on the current day.
Greenchef Appliances Limited IPO Shares will get listed at NSE SME.
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