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Greenleaf Envirotech Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 29, 2025 to raise funds through Initial Public Offer (IPO).
Greenleaf Envirotech Ltd. IPO is a Fixed Price Issue of ₹21.90 crores consisting of a fresh issue of shares worth Rs ₹17.82 crores and an offer for sale (OFS) of ₹4.08 crores.
The equity shares are proposed to be listed on the NSE SME. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Greenleaf Envirotech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹136 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 16,10,000 shares (aggregating up to ₹21.90 Cr) |
| Reserved for Market Maker | 84,000 shares Shreni Shares Ltd. (aggregating up to ₹1.14 Cr) |
| Fresh Issue (Ex Market Maker) | 12,26,000 shares (aggregating up to ₹16.67 Cr) |
| Offer for Sale | 3,00,000 shares of ₹10 (aggregating up to ₹4.08 Cr) |
| Net Offered to Public | 15,26,000 shares (aggregating up to ₹20.75 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 46,19,250 shares |
| Share Holding Post Issue | 59,29,250 shares |
Greenleaf Envirotech IPO offers total 16,10,000 shares. Out of which 7,48,000 (46.46%) allocated to NII, 7,78,000 (48.32%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 84,000 (5.22%) |
| NII (HNI) Shares Offered | 7,48,000 (46.46%) |
| Retail Shares Offered | 7,78,000 (48.32%) |
| Total Shares Offered | 16,10,000 (100.00%) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sun, Jun 29, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,72,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,72,000 |
| HNI (Min) | 3 | 3,000 | ₹4,08,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Greenleaf Envirotech Limited provides comprehensive Engineering, Procurement, and Construction (EPC) and turnkey solutions for Wastewater Treatment (WWT) projects, with a strong focus on Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs). It offers comprehensive services from designing, engineering, procurement, supply, installation and testing to operation & maintenance services.
Key business segments:
The company has a state-of-the art laboratory and consultin facility in Surat, Gujarat. In the last 3 fiscal years, the company has successfully executed 31 Turnkey/EPCC basis worth Rs 6,616.18 lakhs. It has completed various projects in the states of Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam and Himachal Pradesh.
Competitive Strengths
Greenleaf Envirotech Limited's revenue increased by 20% and profit after tax (PAT) rose by 106% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 25.38 | 15.74 | 12.74 |
| Total Income | 39.08 | 32.64 | 26.58 |
| Profit After Tax | 4.70 | 2.28 | 0.97 |
| EBITDA | 6.62 | 3.66 | 2.09 |
| Net Worth | 12.41 | 7.71 | 2.62 |
| Reserves and Surplus | 7.79 | 3.09 | 1.12 |
| Total Borrowing | 2.49 | 5.13 | 6.12 |
| Amount in ₹ Crore | |||
| KPI | Values |
|---|---|
| ROE | 46.68% |
| ROCE | 45.01% |
| Debt/Equity | 0.20 |
| RoNW | 37.84% |
| PAT Margin | 12.09% |
| EBITDA Margin | 17.05% |
The Company Greenleaf Envirotech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding of capital expenditure of our Company towards purchase of civil machines and equipments | 1.86 |
| 2 | Funding of capital expenditure of our Company towards purchase of laboratory equipments | 0.35 |
| 3 | Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies | 1.35 |
| 4 | Funding working capital requirements of our Company | 9.00 |
| 5 | General corporate purposes |
Greenleaf Envirotech Ltd.
3rd Floor, Room No. 4, Plot No. 27-35
Kankavati Complex, Nandanvan Group H
Soc., Singanpore Road, Surat City
Surat, Gujarat, 395004
Phone: +91-9714888033
Email: cs.greenleaf@greenleafenvirotech.in
Website: http://www.greenleafenvirotech.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: greenleaf.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Greenleaf Envirotech IPO is a SME IPO of 16,10,000 equity shares of the face value of ₹10 aggregating up to ₹21.90 Crores. The issue is priced at ₹136 per share. The minimum order quantity is 1000.
The Greenleaf Envirotech IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Greenleaf Envirotech IPO using UPI as a payment gateway. Zerodha customers can apply in Greenleaf Envirotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Greenleaf Envirotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Greenleaf Envirotech IPO dates are not announced. Please check back again after some time.
Greenleaf Envirotech IPO lot size is 1000, and the minimum amount required for application is ₹2,72,000, with 2 lots being the minimum application size.
You can apply in Greenleaf Envirotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Greenleaf Envirotech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Greenleaf Envirotech IPO allotment status.
The Greenleaf Envirotech IPO listing date is not yet announced. The tentative date of Greenleaf Envirotech IPO listing is [.].
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