The shares of a small company Greenhitech Ventures have made investors rich within a month. Shares of Greenhitech Ventures reached Rs 166.70 on Monday with an upper circuit of 10 percent. The company’s shares closed at Rs 151.55 on Friday. The IPO of Greenhitech Ventures came a month ago. The company’s share price in IPO was Rs 50. The company’s IPO was open for subscription on 12 April 2024 and it remained open till 16 April.
Share of Rs 50 now crosses Rs 160
The share price of Greenhitech Ventures IPO in the IPO was Rs 50. The company’s shares were listed on April 22, 2024 at a price of Rs 99.75. Since the listing, there has been a huge rise in the shares of the company. Shares of Greenhitech Ventures have reached Rs 166.70 on Monday, May 13. Compared to the issue price of Rs 50, shares of Greenhitech Ventures have risen by more than 215%. The total size of the public issue of Greenhitech Ventures was Rs 6.30 crore. The 52-week high level of Greenhitech Ventures shares is Rs 175. At the same time, the 52-week low level of the company’s shares is Rs 95.
This railway stock is running like a bullet train, sharp rise in prices
The company’s IPO was subscribed more than 769 times
Greenhitech Ventures IPO was subscribed a total of 769.95 times. The quota of retail investors in the company’s IPO was subscribed 597.41 times. Whereas in others category, subscription was 921.60 times. Retail investors could place bets for 1 lot in the company’s IPO. There are 3000 shares in one lot of IPO. That is, retail investors had to invest Rs 1.50 lakh in the company’s IPO. Before the IPO, the promoters’ stake in the company was 100%, which has now come down to 73.19%.
This company turned from loss to profit, made profit of ₹ 175 crore, shares came at ₹ 196
