Greenchef Appliances Ltd has announced public offering of 6163200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 77.00 per share. The gross proceeds of the issue are expected to be Rs 5,361.98 lakhs.

The company's initial public offer (IPO) will open on 23 June 2023 and is expected to close on 27 June 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 82.00-87.00 per share.

The IPO includes a fresh Issue of 6163200 Equity Shares of the Company at an price of Rs 87.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Greenchef Appliances Ltd anticipates using the proceeds of the issue for .

Hem Securities Ltd. as lead manager & Link Intime India Private Limited is the registrar, to the issue.