Cleanux Green Solution Ltd
Pre Issue Shares
36,00,000
No. of Shares Issued
29,50,000
Pre Issue Equity Amt.
₹3.6 Cr
DP Filling Date
17 July 2024
Cleanux Green Solution Ltd IPO Timeline
Cleanux Green Solution Limited was originally incorporated as 'Vidhi Waste Recyclers Limited' on March 04, 2022, as an unlisted Public Limited Company pursuant to Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre, Kanpur. The Company acquired the entire running business as a going concern of M/s Vidhi Enterprises, sole Proprietorship Concern owned by the Promoter, Vishal Maheshwari, vide Business Transfer Agreement dated July 30, 2022. Consequently, the operations of this proprietorship firm were seamlessly integrated into Vidhi Waste Recyclers Limited. Subsequently, the Company altered its name from 'Vidhi Waste Recyclers Limited' to 'Cleanux Green Solution Limited' and a fresh Certificate of Incorporation was issued dated November 23, 2023 by Registrar of Companies, Kanpur.
Cleanux Green Solution Ltd IPO Details
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| Company Promoters | Vishal Maheshwari, Abhay Gautam, Vrinda Maheshwari |
- Strengths
- Risks
- Opportunities
- Experienced Management Team.
- Comprehensive Portfolio.
- Range of Service offering.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding to acquire two waste paper management plants located at Kanpur & Gurugram owned by the Fortune Recycling Pvt Ltd
- Purchase pf compost plant presort (15 CMPH+20%) and compost plant refinement (10 CMPH+20%) and Erection & Commissioning (No.of both Machinery Sets-3
- To meet out the working capital requirements
- To meet out the general corporate purposes
Cleanux Green Solution Ltd IPO Prospectus
Cleanux Green Solution Ltd IPO Listing Date
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| Face Value | ₹10 |
Company Contact Information
#.101 on 1st Flr Premises 118/54 & 118/55 Ratan Zone Kaushal,Kanpur Nagar-208012
Phone: +91 0512 3130 150
Email: info@cleanuxgreen.com
Website: www.cleanuxgreen.com
Cleanux Green Solution Ltd IPO Registrar
Cleanux Green Solution Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd