Greenleaf Envirotech Limited | LinkedIn

Greenleaf Environment IPO launches on NSE EMERGE, Amid Growing Water Market!

India’s water and wastewater treatment industry is projected to touch USD 2.08 billion by 2025, driven by rapid urbanisation, strict regulations and advanced treatment technologies. To capture this momentum, Greenleaf Envirotech Limited is launching its ₹21.90 crore IPO, comprising a fresh issue of ₹17.82 crores and an offer for sale of ₹4.08 crores, for expansion and strengthening market position.

The Greenleaf Environment IPO is set to be registered by KFIN Technologies Limited, while Smart Horizon Capital Advisors Private Limited is managing the issue. Explore the Greenleaf Environment IPO allotment status.

If you want a more comprehensive Greenleaf Environment IPO review, view the DRHP and Final Prospectus.

Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Greenleaf Environment Private Limited: Company Profile


Particulars

Descriptions

Incorporation

9 March 2010

Promoters

Gopiben Kalpesh Goti and Kalpesh Gordhanbhai Goti

Business

Wastewater treatment solutions, environmental laboratory and consulting services, and fire safety services.

Clients

Engineering infrastructure solution, Food Industries, Power and Utilities, Environmental management and consultancy services, Automotive and automobile, Oil, gas and petrol refinery, Aluminium and copper, and others

Markets

Domestic and international markets 

Competitors

Tube Investments of India Ltd., Jyoti CNC Automation Ltd., APL Apollo Tubes Ltd., and Cummins India Ltd.


Explore the Greenleaf Environment IPO Review

Consider the IPO details, including date, price, size, GMP, and other relevant information, to decide on investing in Greenleaf Environment.

  • Greenleaf Environment IPO Date 


Events

Date

Opening

30 September 2025

Closing

6 October 2025

UPI Mandate End

6 October 2025

Allotment

7 October 2025

Refund

8 October 2025

Shares moving to demats

8 October 2025

Listing

9 October 2025


  • Greenleaf Environment IPO Price and Size


Particulars

Shares

Aggregate Value (₹ Lakh)

Fresh Issue 

13,10,000 Equity Shares

1,781.60

Offer for Sale

3,00,000 Equity Shares

408.00 

Overall Issue 

16,10,000 Equity Shares

2,189.60


  • Greenleaf Environment IPO Objectives


Particulars

Amount (₹ Lakhs)

Capital expenditure towards the purchase of civil machines and equipment 

186.13

Laboratory equipment purchase

35.25 

Debt repayment or prepayment

135.00

Working capital requirements

900.00

General corporate purposes

266.29


  • Greenleaf Environment IPO: Other Takeaways


Particulars

Description

Face value (₹)

10

Price Range (₹)

136

Lot size (shares)

1000

Listed At 

NSE EMERGE


  • Greenleaf Environment IPO Review: Investors Categorisation


Investor

Allotment

Market maker

84,000 (5.22%)

NII (HNI)

7,48,000 (46.46%)

Retail Investors

7,78,000 (48.32%)


  • Greenleaf Environment IPO: Anchor Investor Details


Particulars

Description

Opening Date

Undisclosed

Terms of Payment  

Undisclosed


Key Financials: Greenleaf Environment Private Limited 


Particulars

2025

2024

2023

Total Revenue (₹ Lakhs)

3,885.21 

3,250.32 

2,641.04

EBITDA (₹ Lakhs)

662.30 

365.85 

209.28

EBITDA Margin (%)

17.05 

11.26 

7.92

PAT (₹ Lakhs)

469.66 

227.72 

96.73

PAT Margin (%)

12.09 

7.01 

3.66

ROCE (%)

45.01 

28.74

24.43

ROE (%)

46.68 

44.09 

43.37

Net Worth (₹ Lakhs)

1,241.01 

771.36 

261.61 

Debt to Equity Ratio

0.20 

0.66 

2.34


Greenleaf Environment IPO Review: Strengths and Risks

Understand the major strengths and risks of the Greenleaf Environment IPO.

Strengths

  1. In-House Expertise: The in-house team of the company converts concepts into detailed and actionable project plans and maintains Wastewater Treatment plants to ensure efficiency.

  2. Environmental Laboratory Services: The National Accreditation Board for Testing and Calibration Laboratories-accredited and Environment (Protection) Act offers precise and timely analysis to ensure client and regulatory compliance. This supports sustainable initiatives across industries.

  3. Expert Team: The promoters of the company, with over 12 years of experience, offer wastewater treatment, environmental assessments, and operations. Their guidance facilitates growth, strengthens customer base, and improves decision-making in a dynamic and compliance-focused market.

  4. Strong Order Book and Quality Certifications: The order book of the company was approximately ₹5,411.03 lakhs on 31 May 2025, which reflects demand. The ISO certifications underscore the company’s dedication to quality, operational efficiency, timely delivery, effective use of resources, and cost reduction.

Risks

  1. Heavy Reliance on Wastewater Treatment Solutions: The company generates over 90% of its revenue from Wastewater Treatment Solutions. This concentration exposes it to segment-specific risks such as regulatory changes, demand shifts, delivery timelines, and technology upgrades.

  2. Highly Dependent on Few Clients: A limited customer group contribute significant revenue. If the company loses any of these customers or faces payment delays or defaults, it might impact its financial performance.

  3. Limited Suppliers and Contractors: The company relies on a few suppliers and third-party contractors for materials and labourers. Thereby, supply disruptions, price volatility, or poor service might delay projects, which may affect revenue.

  4. Outstanding Litigation Exposure: The company has ongoing tax and other legal proceedings. Any adverse rulings or new claims may increase liabilities, damage reputation, and weaken financial performance.

Does Your Portfolio Need The Greenleaf Environment IPO?

On 26 September 2025, the Greenleaf Environment IPO GMP stood at 0. However, the GMP might change soon. Stay updated with the latest GMP. Don’t forget to check out the detailed analysis, along with their RHP and DRHP, to understand the Greenleaf Environment IPO size, date, financials, etc.


Stay tuned with the live subscription status before hitting APPLY.

FAQs

  1. What is the Greenleaf Environment IPO date?

The Greenleaf Environment IPO opens on 30 September 2025 and ends on 6 October 2025. Check out the live subscription data in real time.

  1. What is the Greenleaf Environment IPO price?

The total issue is ₹2,189.60 lakh for the Greenleaf Environment IPO. The issue price is ₹136 per share. Also, don't forget to check the Greenleaf Environment IPO live subscription status before applying.

  1. Do I need a demat account to bid for the Greenleaf Environment IPO?

Yes, to bid for the Greenleaf Environment IPO, a demat account is required. You can find a comprehensive list of top demat account providers here.

  1. What is the Greenleaf Environment IPO GMP?

Currently, the Greenleaf Environment IPO GMP is 0. However, it might change soon. Check the latest GMP status.
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