Greenleaf Envirotech IPO

About Greenleaf Envirotech IPO

Greenleaf Envirotech IPO is a fixed price issue worth ₹21.90 crore. The IPO comprises a fresh issue of 0.13 crore shares aggregating to ₹17.82 crore and an offer for sale of 0.03 crore shares aggregating to ₹4.08 crore. The IPO opens for subscription on September 30, 2025, and closes on October 6, 2025. The allotment is expected to be finalised on October 7, 2025, with tentative listing on NSE SME scheduled for October 9, 2025.

The IPO is priced at ₹136 per share. Retail investors must apply for a minimum of 2 lots comprising 2,000 shares, requiring an investment of ₹2,72,000. HNI investors must apply for a minimum of 3 lots (3,000 shares), amounting to ₹4,08,000.

Smart Horizon Capital Advisors Private Limited is the book-running lead manager to the issue, and Kfin Technologies Limited is the registrar. Rikhav Securities Limited is the market maker of the issue.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Greenleaf Envirotech IPO DRHP.

Industry Outlook

1. India’s mutual fund distribution industry is undergoing a significant transformation, driven by rising financial literacy, digital innovation, and expanding investor participation. The sector has evolved from a traditional, branch-based model to a technology-led ecosystem, enabling seamless access to investment products across geographies.
2. Regulated by the Securities and Exchange Board of India (SEBI), the industry ensures transparency, investor protection, and fair remuneration for distributors. Initiatives such as direct plans, new product categories, and digital KYC have enhanced investor confidence and streamlined operations.
3. The distribution network comprises independent financial advisors (IFAs), banks, wealth management firms, and increasingly, online platforms. With commission-based earnings linked to assets under management (AUM), distributors play a pivotal role in connecting investors to suitable fund offerings. As of December 2024, the Indian mutual fund industry had achieved an AUM milestone of ₹68 lakh crore, reflecting strong investor appetite and market resilience.
4. Technological integration is reshaping the competitive landscape. Leading players are investing in AI-driven advisory tools, mobile platforms, and automated customer service systems. This digital shift is improving investor engagement, operational efficiency, and market reach.

Greenleaf Envirotech IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Acquire commercial office premises in Mumbai, Maharashtra, to establish a strategic base for operations and expansion. This investment includes the purchase of property to support long-term infrastructure needs and enhance the company’s physical presence in a key financial hub.
2. Enhance brand visibility through targeted marketing and public relations initiatives. The company intends to strengthen its market positioning by investing in awareness campaigns, digital outreach, and promotional activities aimed at increasing investor engagement and trust.
3. Develop a proprietary mutual fund investment application, enabling clients to access investment services digitally. This initiative supports the company’s commitment to innovation and aims to improve customer experience through seamless, technology-driven solutions.
4. Upgrade information technology infrastructure, including hardware and software for both new and existing office locations. This will improve operational efficiency, data security, and service delivery across the organisation.

About Greenleaf Envirotech Limited

Greenleaf Envirotech Limited was originally incorporated as Greenleaf Envirotech Private Limited on October 19, 2024, under the Companies Act, 2013. The company was subsequently converted into a public limited company and renamed Greenleaf Envirotech Limited on August 22, 2023, following the issuance of a fresh certificate of incorporation by the Registrar of Companies, Jaipur, Rajasthan.

The company is engaged in the business of mutual fund distribution and operates as a registered distributor under the Association of Mutual Funds in India (AMFI). Headquartered in Jaipur, Rajasthan, Greenleaf Envirotech has built a strong client base and a growing portfolio of assets under management (AUM), which expanded from ₹300 crore in 2022 to ₹500 crore by 2024.

Greenleaf Envirotech’s growth has been driven by its investment in operational infrastructure, commitment to investor education through awareness seminars, and a skilled team of professionals. The company acquired the mutual fund distribution business of Mr Rajesh Kumar Sodhani in 2021, marking a key milestone in its expansion journey.

The company’s operations are focused on delivering personalised investment solutions, supported by technology and a client-centric approach. Its strategic initiatives include the development of a proprietary investment application and the acquisition of office premises in Mumbai to support national expansion.

How To Check the Allotment Status of the Greenleaf Envirotech IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Greenleaf Envirotech IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Greenleaf Envirotech IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.