Greenleaf Envirotech Limited IPO Details

SME

Greenleaf Envirotech IPO opens for subscription on 30 Sep 2025 and closes on 06 Oct 2025. The IPO will be listed on NSE with the tentative listing date set for 09 Oct 2025.

Greenleaf Envirotech IPO price band has been fixed at ₹136 – ₹136 per share.The face value is ₹10 per share with a lot size of 1000.

Greenleaf Envirotech IPO total issue size comprises 16,10,000 shares (aggregating up to ₹21.90 Cr.). This includes a fresh issue of 13,10,000 shares (aggregating up to ₹17.82 Cr.). Offer for Sale consists of 3,00,000 shares (aggregating up to ₹4.08 Cr.). Pre-issue shareholding stands at 46,19,250, which will increase to 59,29,250 post-issue.

Greenleaf Envirotech IPO Lot Size : Individual Minimum is 2 lots (2,000 shares) amounting to ₹272,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹272,000. HNI Minimum is 3 lots (3,000 shares) amounting to ₹408,000.

The Lead Managers for Greenleaf Envirotech IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Smart Horizon Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rikhav Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Greenleaf Envirotech Limited RHP.

Greenleaf Envirotech IPO Details

Open Date
30 Sep 2025
Close Date
06 Oct 2025
Listing Date
09 Oct 2025
Issue Price
₹136 - ₹136
Face Value
₹10 per share
Lot Size
1000
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Fixed Price Issue
Share holding pre issue
4619250
Share holding post issue
5929250
Total Issue Size
16,10,000 shares (aggregating up to ₹21.90 Cr.)
Fresh Issue
13,10,000 shares (aggregating up to ₹17.82 Cr.)
Offer for Sale
3,00,000 shares (aggregating up to ₹4.08 Cr.)

Greenleaf Envirotech IPO Subscription

Greenleaf Envirotech IPO Application Wise Breakup

Greenleaf Envirotech IPO Dates

  • 30 Sep 2025
    Opening dateOPD
  • 06 Oct 2025
    Closing dateCOD
  • 07 Oct 2025
    Allotment Date BOA
  • 08 Oct 2025
    Initiation of RefundsIOR
  • 08 Oct 2025
    Credit of SharesCOS
  • 09 Oct 2025
    Listing dateLID

Greenleaf Envirotech IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22000₹272,000
Individual Maximum22000₹272,000
HNI Minimum33000₹408,000

Greenleaf Envirotech IPO Reservation

Promoter Holding

Pre Issue:78.85%
Post Issue:59.37%
Promoter Names:
Mr. Kamlesh Gordhanbhai Goti, Ms. Gopiben Kalpesh Goti

Greenleaf Envirotech IPO Valuations

ROE:46.68%
ROCE:45.01%
DEBT/EQUITY:0.20
RONW:37.84%
PAT MARGIN:12.09%
PRICE TO BOOK VALUE:5.06
P/E Pre IPO:13.38
P/E Post IPO:17.17

Greenleaf Envirotech Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets25.3815.7412.74
Total Income39.0832.6426.58
Profit After Tax4.702.280.97
EBITDA6.623.662.09
Net Worth12.417.712.62
Reserves and Surplus7.793.091.12
Total Borrowing2.495.136.12
Amount in ₹ Crore

About Greenleaf Envirotech IPO

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:

  • Wastewater treatment solutions
  • Environment laboratory and consulting services
  • Fire safety services

The company has a state-of-the art laboratory and consulting 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. As of May 31, 2025, the company is executing 17 WWT projects (13 Turnkey/ EPCC basis and 4 O&M basis) and have 2 upcoming projects across various states of Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam and Himachal Pradesh.

Strength Of Greenleaf Envirotech IPO

1. In-House project execution, designing and engineering capabilities.

2. Our Environmental Laboratory Services.

3. Experienced Promoter and management team

4. Our Order Book for WWT projects and O&M services.

5. Quality certification and quality assurance.

6. Experienced Promoter Directors with extensive domain knowledge.

7. Quality assurance and accreditations.

8. Healthy financial condition.

Risk Of Greenleaf Envirotech IPO

1. Its Enviro-legal consultancy business is limited to the State of Gujarat and the same limits it to generate revenue from consultancy business.

2. 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.

3. 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.

4. The company requires certain approvals, licenses, registration and permits for its business, and the failure to obtain or renew them in a timely manner may adversely affect its operations.

5. The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

6. Its top five customers contribute majority of the company revenues from operations. Any loss of business from one or more of them may adversely affect its revenues and profitability.

7. Its top five suppliers contribute majority of the company purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.

8. The company relies on its in-house designing, engineering and construction teams for project execution. Loss of employee(s) may have an adverse effect on the execution of its projects.

9. The company relies on various third parties in the civil construction activities of installing its WWTPs & WSSPs and factors affecting the performance of their obligations could adversely affect its projects.

10. The Company has in the past entered into related party transactions with its Directors, Promoters and Promoter Group members/ entities, Group Company and may continue to do so in the future. There can be no assurance that such transactions, individually or in the aggregate, will not have an adverse effect on its financial condition and results of operations.

Objectives Greenleaf Envirotech IPO

1. Funding of capital expenditure of our Company towards purchase of civil machines and equipments

2. Funding of capital expenditure of our Company towards purchase of laboratory equipments

3. Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies

4. Funding working capital requirements of our Company

5. General corporate purposes

Company 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/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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