Mumbai: Greenhitech Ventures Limited trades various petroleum-based products tailored to diverse industry needs, including biofuels, bitumen, and furnace oils. The company actively engages in the operation and maintenance of ethanol manufacturing in government-owned distilleries.
Driven by experience in agriculture and a commitment to innovation, Greenhitech Ventures Limited positions biofuels as a sustainable alternative to traditional fossil fuels. The company, well-recognised in the Purvanchal belt of Uttar Pradesh, India, emphasises “Effective, Efficient, and Economical” principles in all its services and supplies. Focusing on staying current with evolving technologies and market trends, Greenhitech Ventures Limited provides comprehensive business solutions to consumers of fuels and alternative materials across India.
Greenhitech Ventures Ltd IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- To meet working capital requirements.
- General corporate purpose.
- To meet the issue expenses.
The lead manager of the issue is BeeLine Capital Advisors Pvt Ltd, and the issue’s registrar is Sky Financial Services Pvt Ltd.
