Greenleaf Envirotech Ltd IPO
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Greenleaf Envirotech Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | TBA | DBC | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Sep, 25 | 06 Oct, 25 | 1000 | ₹ 1,36,000 | Fixed Price - SME | 09 Oct, 25 |
Greenleaf Envirotech Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Greenleaf Envirotech Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 6.29 | 3.28 | 1.58 |
| EBITDA | 6.44 | 3.39 | 1.71 |
| PAT | 4.59 | 2.27 | 1.02 |
| Total Assets | 20.86 | 10.90 | 10.19 |
| Share Capital | 4.62 | 4.62 | 1.50 |
| Total Borrowings | 2.50 | 5.65 | 6.93 |
| Operating Activities (Net Cash) | 4.74 | 2.38 | 1.15 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 2.50 | 5.65 | 6.93 |
| Net Cashflow | 3.87 | 1.02 | 2.04 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Greenleaf Envirotech Ltd
Our Company was originally incorporated on March 09, 2010 under the name Greenleaf Envirotech Private Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, the status of the Company was changed to public limited Company and the name of our Company was changed to Greenleaf Envirotech Limited vide Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting of our Company held on October 03, 2023. The fresh certificate of incorporation consequent to conversion was issued on November 28, 2023 by Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U29253GJ2010PLC059798.
Water and wastewater management is a promising subsector in India's environmental technology segment. India's demand for water is projected to be twice as much as the available supply by 2030. To overcome these challenges, public and private sector facilities have ambitious plans to develop comprehensive water and wastewater treatment and distribution infrastructure. Demand for high-end treatment technologies is growing in India. According to a 2022 Frost & Sullivan report, the Indian water and wastewater treatment market will likely reach $2.08billion by 2025 from $1.31 billion in 2020, registering growth at a compound annual growth rate (CAGR) of 9.7 percent. The report also ranked India as the sixth largest market for environmental technologies in the world, with sub sector rankings of second for water/wastewater management.
Our Company is majorly engaged in providing engineering, procurement, construction (EPC) and turnkey solutions for Wastewater Treatment Projects (WWT) specifically in Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs) catering to private and public sectors. Our Company also provides environmental laboratory and consulting services through a dedicated facility located in Surat, Gujarat. We provide environmental testing and reporting services for industrial and infrastructural facilities by analysing environmental parameters that impact air, water, soil and noise and are also recognized by the Gujarat Pollution Control Board as a Schedule II Environmental Auditor for carrying out the Environmental Audit under their environment audit scheme. Our Company also provides fire and safety services where we supply and refill fire extinguisher for our clients along with annual maintenance contracts for such services in industries and commercial sites.
Peer Comparison:
- Vivimed Labs Ltd
- Va Tech Wabag Ltd
- Ion Exchange (India) Ltd
Greenleaf Envirotech Ltd IPO Key Points
Strengths
- Strong execution capabilities with timely delivery and established track record.
- In house designing, engineering and execution team.
- Broad customer base and Strong relationships with our customers.
- Multiple Business verticals under one roof.
- Strong Order Book of projects across India.
Risk
- Its Enviro-legal consultancy business is limited to the State of Gujarat and the same limits it to generate revenue from consultancy business.
- Some of its projects are awarded through the competitive bidding process by government authorities/bodies. The company may not be able to qualify for, compete and win future projects, which could adversely affect its business and results of operations.
- The company has not obtained registration for its corporate logo, and failure to protect the company's logo would adversely affect its business, financial condition and results of operations.
Strategy
- Increasing the size of projects and our pre-qualification.
- Expansion of our geographical footprint.
- Focus on high value contracts and investment in latest equipment.
- Increase competitiveness through quality execution, cost reduction and continuous training of manpower.
- Leverage core competencies with enhanced in-house integration.
- Strong execution capabilities with timely delivery and established track record.
- In house designing, engineering and execution team.
- Broad customer base and Strong relationships with our customers.
- Multiple Business verticals under one roof.
- Strong Order Book of projects across India.
How To Apply for Greenleaf Envirotech Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
