Support and Resistance Levels
Past performance
About Greenchef Appliances Ltd Greenchef Appliances Limited, established in 2010, is a Karnataka-based company specializing in the manufacturing and marketing of a diverse range of kitchen appliances under the 'Greenchef' brand. Their product portfolio includes gas stoves, pressure cookers, mixer grinders, non-stick cookware, electric rice cookers, and induction cooktops, among others. The company sources essential raw materials such as aluminum, steel, and copper for its manufacturing processes. Greenchef expanded its production capabilities with multiple factories in India, including facilities at Peenya Industrial Area and Dabaspet in Bangalore, as well as a gas stove production unit in Parwanoo, Himachal Pradesh.
The company's growth in the competitive kitchen appliance market, which features both multinational giants like Haier and Bosch and numerous domestic entities, has prompted Greenchef to propose a public issue of up to 73,00,800 equity shares. This strategic move aims to enhance its market presence amid the industry's expansion and new entrants.