Greenleaf Envirotech Limited Link 
Allotment
The Greenleaf Envirotech IPO will open for subscription on September 30, 2025, and close on October 6, 2025. The IPO is a fixed price issue through which the company plans to raise approximately ₹21.90 crore. The issue comprises a fresh issue of ₹17.82 crore along with an offer for sale of up to 3,00,000 equity shares, each having a face value of ₹10.
The IPO is priced at ₹136 per share. The issue allocation is evenly divided between retail investors and High Net-worth Individuals (HNIs), with 50% reserved for each category, while no portion is allocated to Qualified Institutional Buyers (QIBs).
The basis of allotment is expected to be finalized on October 7, 2025, and the equity shares are scheduled to be listed on the NSE on October 9, 2025.
On the financial front, Greenleaf Envirotech reported revenue of ₹39.08 crore in FY2025, compared to ₹32.64 crore in FY2024. Net profit rose significantly to ₹4.70 crore in FY2025 from ₹2.28 crore in the previous year. Considering the strong growth in revenue and profitability, the IPO may be suitable for investors with a long-term investment outlook.
₹136
0%
Open
₹136
HIgh - Low
₹136
Previous Close
₹136
Total Traded Value
0
52 Weeks High
₹136
52 Weeks Low
₹136
Updates On
Sep 24, 2025
IPO. Open
Sep 30, 2026
IPO. Close
Oct 6, 2026
IPO. Price
₹136.00
IPO Market price
₹80.64 Cr
IPO Details
| IPO Date | 9 Oct |
| IPO Listing Date | 9 Oct |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹136.00 |
| IPO Issue Size | 16,10,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Fixed Price |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 46,19,250 shares |
IPO Timeline
| IPO Open Date | 30 Sep |
| IPO Close Date | 6 Oct |
| IPO Allotment (Tentative) | 7 Oct |
| Refunds | 8 Oct |
| Credit to Demat Account | 8 Oct |
| IPO Listing Date | 9 Oct |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | - |
| NII (HNI) Shares Offered | 7,48,000 Shares |
| Retail Shares Offered | 7,78,000 |
IPO Lot Size
Investors can bid for a minimum of 2,000 shares, with additional shares available in multiples of 1,000.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,72,000 |
| Retail (Max) | 2 | 2,000 | ₹2,72,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,08,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Greenleaf Envirotech Limited is an environmental engineering company specializing in Engineering, Procurement, and Construction (EPC) and turnkey solutions for wastewater treatment projects. The company primarily focuses on the design and execution of Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs), offering end-to-end services that cover project design, engineering, procurement, supply, installation, testing, as well as operation and maintenance (O&M).
The company operates across three key business segments:
* Wastewater treatment solutions
* Environmental laboratory and consulting services
* Fire safety services
Greenleaf Envirotech operates a state-of-the-art environmental laboratory and consulting facility located in Surat, Gujarat. Over the past three financial years, the company has successfully completed 31 projects on a turnkey/EPCC basis, with a total project value of ₹6,616.18 lakh.
As of May 31, 2025, the company is executing 17 wastewater treatment projects, comprising 13 projects on a turnkey/EPCC basis and 4 projects under O&M contracts. Additionally, it has 2 upcoming projects spread across multiple states, including Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam, and Himachal Pradesh.
Competitive Strengths:
* Strong in-house capabilities in project execution, design, and engineering
* Fully equipped in-house environmental laboratory supporting testing and compliance
* Experienced promoters and a skilled management team
* Healthy and diversified order book of ₹5,411.03 lakh as of May 31, 2025
* Emphasis on quality assurance supported by relevant certifications
Company Financials (Consolidated)
| Assets | 25.38 | 15.74 | 12.74 |
| Total Income | 39.08 | 32.64 | 26.58 |
| Profit After Tax | 4.7 | 2.28 | 0.97 |
| EBITDA | 6.62 | 3.66 | 2.09 |
| NET Worth | 12.41 | 7.71 | 2.62 |
| Reserves and Surplus | 7.79 | 3.09 | 1.12 |
| Total Borrowing | 2.49 | 5.13 | 6.12 |
Key Performance Indicator (KPI
| ROE | 46.68% |
| ROCE | 45.01% |
| Debt/Equity | 0.2 |
| RoNW | 37.84% |
| PAT Margin | 12.09% |
| EBITDA Margin | 17.05% |
| Price to Book Value | 5.06 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 1.86 |
| 2 | To meet out the expenses of Working Capital Requirement | 9 |
| 3 | To meet out the General Corporate Purposes; | 2.66 |
| 4 | Offer for Sale (OFS) | - |
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/
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: greenleaf.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
The Greenleaf Envirotech Limited IPO opened for subscription on September 30, 2025, and closed on October 6, 2025. The shares were listed on NSE SME on October 9, 2025.
The IPO was a fixed price issue at ₹136 per share with a face value of ₹10. The total issue size was 16,10,000 shares aggregating up to approximately ₹22 crore.
Investors were required to apply for a minimum of 2,000 equity shares. Applications could be made in multiples of 1,000 shares, as per the SME IPO bidding structure.
The issue was evenly divided between Retail and HNI investors, with 50% allocation each. No portion of the IPO was reserved for Qualified Institutional Buyers (QIBs).
For FY2025, the company reported revenue of ₹39.08 crore and net profit of ₹4.70 crore. EBITDA stood at ₹6.62 crore, reflecting strong year-on-year growth in performance.
The company planned to use IPO proceeds for capital expenditure on machinery and laboratory equipment, repayment of borrowings, working capital requirements, and general corporate purposes.
As of March 31, 2025, the company reported ROE of 46.68%, ROCE of 45.01%, PAT margin of 12.09%, EBITDA margin of 17.05%, and a Debt/Equity ratio of 0.20.
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