Greenleaf Envirotech IPO Details
The key details of Greenleaf Envirotech’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹21.90 Cr |
| Price Range | ₹136 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2,000 |
| Investment (cut-off price) | ₹2,72,000 |
| Pre IPO Promotor Holding | 78.85% |
| Post IPO Promotor Holding | 59.37% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Greenleaf Envirotech IPO Timelines
The IPO process for Greenleaf Envirotech includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
30/09/2025
Start Date06/10/2025
End Date08/10/2025
Refund Initiation08/10/2025
Credit of Shares to Demat Ac09/10/2025
Listing DateGreenleaf Envirotech IPO Lot Size
The Greenleaf Envirotech IPO has a fixed lot size of 1,000 shares, at a fixed price band of ₹136 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,72,000. For HNI investors, the minimum application is 3,000 shares (3 lots) worth ₹4,08,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2000 | ₹2,72,000 |
| Retail Maximum | 2 | 2000 | ₹2,72,000 |
| HNI Minimum | 3 | 3000 | ₹4,08,000 |
Greenleaf Envirotech IPO Subscription Status
The subscription status for Greenleaf Envirotech IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 4.16x | 3.52x | -- | 3.84x |
IPO Performance on Listing Day
On the listing day (October 09, 2025), Sheel Biotech made a cautious debut on the stock exchange. The stock opened at ₹134.90, marginally below its issue price of ₹136 with a minor discount of 0.8%. The biotechnology company maintained this opening level as its day high but faced selling pressure throughout the trading session, declining to a low of ₹128.15. The shares concluded their first trading day at ₹132.90, resulting in a decline of 2.3% from the issue price, indicating subdued investor sentiment toward the biotechnology sector and concerns about market conditions for this life sciences solutions provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹134.90 | ₹132.90 | ₹134.90 | ₹128.15 |
Greenleaf Envirotech IPO Company Financials
Greenleaf Envirotech reports robust performance in FY2025 with Total Income of ₹39.08 crores, managing expenses at ₹32.80 crores, and achieving a strong PAT (Profit After Tax) of ₹4.70 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹26.58 | ₹25.21 | ₹0.97 |
| FY 2024 | ₹32.64 | ₹29.58 | ₹2.28 |
| FY 2025 | ₹39.08 | ₹32.80 | ₹4.70 |
About Company
Greenleaf Envirotech Limited specializes in providing end-to-end Engineering, Procurement, and Construction (EPC) as well as turnkey solutions for wastewater treatment projects, with a core focus on Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs). The company’s offerings span the complete project lifecycle, including design, engineering, procurement, supply, installation, testing, and ongoing operation and maintenance services. It operates across three key business segments: wastewater treatment solutions, environmental laboratory and consulting services, and fire safety services. Greenleaf also operates a modern laboratory and consulting facility located in Surat, Gujarat.
Over the past three fiscal years, Greenleaf Envirotech Limited has successfully executed 31 turnkey and EPC projects valued at Rs 6,616.18 lakhs. As of May 31, 2025, the company is actively working on 17 wastewater treatment projects, comprising 13 on a turnkey or EPC basis and 4 under operation and maintenance contracts. Additionally, the company has two upcoming projects and maintains a presence across multiple Indian states, including Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam, and Himachal Pradesh.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Engineering | Kalpesh Goti |
Know Before Investing
Greenleaf Envirotech IPO Strengths
- Greenleaf Envirotech has over a decade of experience in environmental engineering and management, supporting industries with sustainable and eco-friendly solutions.
- The company offers end-to-end services, including waste water treatment plants, environmental laboratory and monitoring, pollution control engineering, environmental audits, and industrial hygiene monitoring.
- Greenleaf’s laboratory is recognized and accredited by key governmental bodies such as the Gujarat Pollution Control Board, NABL, and Ministry of Environment, Forest and Climate Change, enhancing credibility.
- Employs over 150 trained professionals including on-site engineers and office staff, enabling efficient project execution and customer service.
- Expertise in delivering turnkey solutions, handling everything from engineering to installation and operation, provides a strong competitive edge.
- Caters to diverse sectors such as manufacturing, government agencies, pharmaceuticals, and infrastructure, offering revenue diversification.
- Deploys advanced technologies including ozone disinfection systems, UV treatment, zero liquid discharge, and lamella clarifiers, promoting operational efficiency.
Greenleaf Envirotech IPO Risks
- Environmental service providers operate in a highly regulated environment; frequent changes or stricter enforcement can escalate compliance costs or delay projects.
- Turnkey and engineering projects are complex and subject to risks such as delays, cost overruns, and technical difficulties that can impact profitability.
- Significant revenues might come from a limited number of clients or industries, impacting business stability if contracts are lost or downsized.
- Environmental service execution requires specialized skills and equipment; shortages or skill gaps could affect project quality and deadlines.
- Faces stiff competition from established national and regional environmental engineering firms which may pressure pricing and margins.
- Rapid innovation in water and waste treatment technologies necessitates continuous investment to maintain competitiveness.
Swot Analysis for Greenleaf Envirotech IPO
Strengths
Comprehensive Environmental Solutions, Regulatory Compliance Support, Growing Workforce
Weaknesses
Regional Concentration, Capital Intensive Projects, Depends on Government Policies
Opportunities
Growing Environmental Regulations, Infrastructure Development, Rising Corporate Environmental Responsibility
Threats
Regulatory Changes, Competitive Pricing Pressure, Dependence on Government and Institutional Clients
Company Details
Greenleaf Envirotech Ltd.
3rd Floor, Room No. 4, Plot No.27-35, Kankavati Complex, Nandanvan Group H. Soc., Singanpore Road, Surat City, Gujarat – 395004, India.
Phone: +91-9714888033
Email: cs.greenleaf@greenleafenvirotech.in
Website: http://www.greenleafenvirotech.in/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: greenleaf.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Greenleaf Envirotech SME IPO are:
- Funding of capital expenditure of Company towards purchase of civil machines and equipments
- Funding of capital expenditure of Company towards purchase of laboratory equipments
- Repayment or prepayment, in full or in part, of borrowings availed by Company from banks, financial institutions and non-banking financial companies
- Funding working capital requirements of Company
- General corporate purposes
Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead managers for the Greenleaf Envirotech IPO.
Greenleaf Envirotech IPO holds strong growth potential driven by rising environmental regulations, wastewater treatment demand, and government focus on sustainable infrastructure. Its turnkey EPC capabilities, combined with consulting and laboratory services, provide a diversified model that positions the company to benefit from expanding investments in environmental technology.
The issue price for the Greenleaf Envirotech IPO is set to ₹136 per share.
To invest in two lot of Greenleaf Envirotech IPO, you need ₹2,72,000 at the fixed price band (₹136 per share) for a lot size of 2000 shares.
Greenleaf Envirotech IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on October 9, 2025.
Refund/unblocking of funds for Greenleaf Envirotech IPO will begin on October 8, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Greenleaf Envirotech IPO shares on listing day (October 9, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.