Greenleaf Envirotech IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Construction
Greenleaf Envirotech Limited is a leading provider of Engineering, Procurement, and Construction (EPC) and turnkey solutions for Wastewater Treatment (WWT) projects, with a strong emphasis on Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs). The company delivers end-to-end…
Open Date
Tue, 30 Sep 2025
Close Date
Mon, 06 Oct 2025
Issue Price
₹ 136
Lot Size
1000
Issue Size
₹ 21.90 Cr
Minimum Investment
₹ 272,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Greenleaf Envirotech IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹21.90 Crore, comprising a fresh issue of 12.26 Lakh equity shares aggregating to ₹16.67 Crore and an offer for sale (OFS) of 3.00 Lakh equity shares aggregating to ₹4.08 Crore by the existing shareholders.
The Greenleaf Envirotech IPO remained open for subscription from September 30, 2025, to October 06, 2025. The basis of allotment was finalized on October 07, 2025, and the company's shares were listed on NSE SME Platform on October 09, 2025.
The company had fixed the price at ₹136 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹272,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Greenleaf Envirotech Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Greenleaf Envirotech IPO Timeline (Tentative)
- IPO Open Date
- Tue, 30 Sep 25
- IPO Close Date
- Mon, 06 Oct 25
- Basis of Allotment
- Tue, 07 Oct 25
- Initiation of Refunds
- Wed, 08 Oct 25
- Credit of Shares to Demat
- Wed, 08 Oct 25
- Listing Date
- Thu, 09 Oct 25 — NSE & BSE
Open Date
30 September 2025
Close Date
06 October 2025
Basis Of Allotment
07 October 2025
Listing Date
09 October 2025
IPO Subscription
Check Live Subscription →The Greenleaf Envirotech IPO has received bids for 59,32,000 shares against 14,96,000 shares offered, resulting in an overall subscription of 3.97x. the NII category is subscribed 4.25x, Retail Investors 3.66x, and QIBs 0x.
QIB
0x
NII
4.25x
RII
3.66x
Total
3.97x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,48,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 7,48,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 748,000 | 50% |
| Retail Investors | 748,000 | 50% |
| Total | 1,496,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 25.38 | 15.74 | 12.74 |
| Revenue | 39.08 | 32.64 | 26.58 |
| Profit After Tax | 4.7 | 2.28 | 0.97 |
| Net Worth | 12.41 | 7.71 | 2.62 |
| Reserve & Surplus | 7.79 | 3.09 | 1.12 |
| Total Borrowings | 2.49 | 5.13 | 6.12 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Greenleaf Envirotech Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 46.68 | 44.09 | 43.37 |
| ROCE % | 45.01 | 28.74 | 24.43 |
| Debt / Equity | 0.2 | 0.66 | 2.34 |
| RoNW % | 37.84 | 29.52 | 36.98 |
| Pat Margin % | 12.09 | 7.01 | 3.66 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Greenleaf Envirotech Ltd | 10 | 13.37 | 10.17 | 10.17 | 37.84 | 26.87 |
| Felix Industries Ltd | 10 | 64.74 | 3.10 | 3.10 | 10.18 | 65.45 |
| Apex Ecotech Ltd | 10 | 20.81 | 7.91 | 7.91 | 18.52 | 35.06 |
| Effwa Infra & Research Litd | 10 | 24.34 | 9.28 | 9.28 | 21.20 | 40.99 |
About Greenleaf Envirotech Limited
Greenleaf Envirotech Limited is a leading provider of Engineering, Procurement, and Construction (EPC) and turnkey solutions for Wastewater Treatment (WWT) projects, with a strong emphasis on Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs). The company delivers end-to-end services, covering design, engineering, procurement, supply, installation, testing, commissioning, and operation & maintenance (O&M) of projects.
Key Business Segments
- Wastewater Treatment Solutions – Design and execution of STPs, ETPs, and other water management systems.
- Environmental Laboratory and Consulting Services – State-of-the-art laboratory facility in Surat, Gujarat, offering water testing, analysis, and compliance consulting.
- Fire Safety Services – Specialized solutions for fire detection, prevention, and protection systems.
Operations and Track Record
- In the last three fiscal years, the company has successfully executed 31 turnkey/EPC projects with an aggregate value of ₹6,616.18 lakhs.
- It has completed projects across multiple states, including Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam, and Himachal Pradesh.
- The company’s technical expertise, strong project management capabilities, and focus on sustainable solutions have made it a trusted partner for industries and government bodies.
Greenleaf Envirotech IPO Promoters
- Mr. Kamlesh Gordhanbhai Goti
- Ms. Gopiben Kalpesh Goti
Promoters Holding
Holding Pre Issue
78.85%
Holding Post Issue
59.37%
Greenleaf Envirotech IPO Objective
The Company Greenleaf Envirotech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of capital expenditure of our Company towards purchase of civil machines and equipments
- Funding of capital expenditure of our Company towards purchase of laboratory equipments
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies
- Funding working capital requirements of our Company
- General corporate purposes
Greenleaf Envirotech Limited Address / Contact Details
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/
IPO Snapshot
Greenleaf Envirotech IPO Lot Size
The Greenleaf Envirotech IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,72,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,72,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 272,000.00 |
| Retail (Max) | 2 | 2,000 | 272,000.00 |
| S-HNI (Min) | 3 | 3,000 | 408,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Greenleaf Envirotech IPO?
Greenleaf Envirotech IPO is a Fixed price IPO with a total issue size of ₹21.9 crore. The Greenleaf Envirotech IPO price band is ₹136 to 136 per share. The Greenleaf Envirotech IPO subscription opens on Tue, Sep 30, 2025, and closes on Mon, Oct 6, 2025. The Greenleaf Envirotech IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the Greenleaf Envirotech IPO.
When will the Greenleaf Envirotech IPO open for subscription?
The Greenleaf Envirotech IPO opens on Tue, Sep 30, 2025 and closes on Mon, Oct 6, 2025
What is Greenleaf Envirotech IPO Price Band?
Greenleaf Envirotech IPO Price Band is ₹136 to 136 per share.
What is Greenleaf Envirotech IPO Lot Size?
Greenleaf Envirotech IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
What is the minimum investment for Greenleaf Envirotech IPO?
The minimum investment for Greenleaf Envirotech IPO is ₹272000, based on one lot of 1000 shares at the upper price band of ₹136 per share.
How to apply for Greenleaf Envirotech IPO?
Investors can apply for the Greenleaf Envirotech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Oct 6, 2025. The application amount remains blocked until the Greenleaf Envirotech IPO allotment is finalized.
What is Greenleaf Envirotech IPO Issue Size?
Greenleaf Envirotech IPO issue size is ₹21.9 crores.
What is the Greenleaf Envirotech IPO Allotment Date?
Greenleaf Envirotech IPO allotment date is Tue, Oct 7, 2025.
Who is the Greenleaf Envirotech IPO Registrar?
The registrar for Greenleaf Envirotech IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Greenleaf Envirotech IPO allotment status, refund processing, and other IPO-related information.
Who is the Greenleaf Envirotech IPO Lead Manager?
The book-running lead managers (BRLMs) for the Greenleaf Envirotech IPO are Smart Horizon Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Greenleaf Envirotech IPO Red Herring Prospectus (RHP).