Greenleaf Envirotech Limited IPO (Greenleaf Envirotech IPO)

Greenleaf Envirotech Limited IPO
Upcoming Greenleaf Envirotech IPO | New Greenleaf Envirotech IPO

Greenleaf Envirotech Limited is an environmental engineering company offering end-to-end Engineering, Procurement, and Construction (EPC) and turnkey solutions for wastewater management projects. The company specializes in Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs), delivering complete services ranging from designing, engineering, procurement, supply, installation, and testing to operation & maintenance (O&M).

The business operates across three key segments:

  • Wastewater Treatment Solutions – EPC and turnkey execution of STPs and ETPs.
  • Environmental Laboratory & Consulting Services – accredited laboratory in Surat providing testing, auditing, and consulting.
  • Fire Safety Services – offering manpower and safety monitoring solutions.

With a state-of-the-art laboratory and consulting facility in Surat, Greenleaf has built a strong execution record. In the last three fiscal years, it completed 31 turnkey/EPCC projects worth ₹6,616.18 lakhs. As of May 31, 2025, the company is handling 17 ongoing wastewater projects (13 turnkey/EPCC and 4 O&M) and preparing to launch 2 new projects across Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Assam, and Himachal Pradesh.

Greenleaf’s focus on sustainable environmental solutions, advanced infrastructure, and certified quality systems (ISO and NABL accreditations) strengthens its positioning as a trusted player in India’s wastewater management industry.

Greenleaf Envirotech IPO

Greenleaf Envirotech IPO – Details

IPO Opening Date30 September 2025
IPO Closing Date06 October 2025
Issue TypeFixed Price IPO
Issue SizeTotal Issue: 16,10,000 Shares Worth ₹21.90 Crore
Fresh Issue: 13,10,000 Shares Worth ₹17.82 Crore
Offer For Sale: 3,00,000 Shares Worth ₹4.08 Crore
Face Value₹10 per equity share
IPO Price₹136 per share
Market Lot1000 Shares
Min Order1000 Shares [ 1 Lot ]
Listing AtNSE SME
RegistrarKfin Technologies Ltd.
NII Shares Offered50%
Retail Shares Offered50%

Greenleaf Envirotech IPO – Date Schedule

IPO Open Date30 September 2025
IPO Close Date06 October 2025
Basis of Allotment07 October 2025
Initiation of Refund08 October 2025
Credit of Shares to Demat08 October 2025
IPO Listing Date09 October 2025
Cut-off time for UPI mandate confirmation5 PM on October 06, 2025

Greenleaf Envirotech IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)22,000₹2,72,000
Retail (Max)22,000₹2,72,000
S-HNI (Min)33,000₹4,08,000

Competitive Strength

  • In-House project execution, designing and engineering capabilities.
  • In-house environmental laboratory.
  • Experienced promoter and management team.
  • Robust Order book of Rs 5,411.03 lakhs as of May 31, 2025.
  • Quality certification and assurance.

Company Promoters

  • Mr. Kamlesh Gordhanbhai Goti
  • Ms. Gopiben Kalpesh Goti

Company Financials

PeriodTotal RevenueTotal ExpenseProfit After TaxTotal Borrowings
31 March 2023₹26.58 Cr₹25.21 Cr₹0.97 Cr₹6.12 Cr
31 March 2024₹32.64 Cr₹29.58 Cr₹2.28 Cr₹5.13 Cr
31 March 2025₹39.08 Cr₹32.80 Cr₹4.70 Cr₹2.49 Cr
All amounts in ₹ Crore

Key Performance Indicator

KPIValues
ROE46.68%
ROCE45.01%
Debt/Equity0.20
RoNW37.84%
PAT Margin12.09%
EBITDA Margin17.05%
Price to Book Value5.06
Pre IPOPost IPO
EPS (₹)10.177.92
P/E (x)13.3817.17

Object Of The Issue

Objects of the IssueExpected Amount (in Crore)
Funding of capital expenditure of its Company towards purchase of civil machines and equipments.₹1.86
Funding of capital expenditure of our Company towards purchase of laboratory equipments.₹0.35
Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies.₹1.35
Funding working capital requirements of its Company.₹9.00
General Corporate Purposes.₹2.66
Greenleaf Envirotech IPO
Object of the Issues

✅Strengths

  • Strong track record with 31 projects worth ₹6,616.18 lakhs in 3 years.
  • Accredited with ISO & NABL certifications.
  • Presence across multiple states with government/institutional clients.

⚠️Risks

  • High dependence on government contracts and payment timelines.
  • Ongoing litigations and debt obligations.
  • Working capital–intensive, exposed to project delays and competition.

Greenleaf Envirotech IPO Promoter Holding

Pre Issue Share Holding78.85%
Post Issue Share Holding59.37%

Greenleaf Envirotech IPO Prospectus

Company Contact Information

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
Websitehttp://www.greenleafenvirotech.in/

Greenleaf Envirotech IPO Registrar

Kfin Technologies Ltd.

Phone: 04067162222, 04079611000
Email: greenleaf.ipo@kfintech.com
Websitehttps://ipostatus.kfintech.com/

Greenleaf Envirotech IPO Lead Manager(s)

1. Smart Horizon Capital Advisors Pvt.Ltd.

Greenleaf Envirotech IPO FAQ

Greenleaf Envirotech IPO FAQs
What is Greenleaf Envirotech IPO?

Greenleaf Envirotech IPO is an SME IPO. The issue is priced at ₹136 per equity share. The IPO is to be listed on NSE SME.
When Greenleaf Envirotech IPO will open?

The IPO is to open on 30 September 2025 for NII and Retail Investors.
What is Greenleaf Envirotech IPO Investors Portion?

The investors’ portion for NII – 50% and Retail – 50%.
What is the Greenleaf Envirotech IPO Size?

Greenleaf Envirotech IPO size is ₹21.90 Crore.
What is Greenleaf Envirotech IPO Minimum and Maximum Lot Size for Retail?

The minimum bid is 2,000 Shares with ₹2,72,000amount, while the maximum bid is 2,000 Shares with ₹2,72,000.
What is the Greenleaf Envirotech IPO Allotment Date?

Greenleaf Envirotech IPO allotment date is 07 October 2025.
What is the Greenleaf Envirotech IPO Listing Date?

Greenleaf Envirotech IPO listing date is 09 October 2025. The IPO is to be listed on the NSE SME.
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