Greenhitech Ventures Limited, initially formed as "Greentech Hydrocarbons" in 2011, transitioned from a partnership to a private limited company in May 2023 and later to a public limited company in October 2023. The company specializes in trading petroleum-based products, including biodiesel and light density oils, catering to various industrial sectors. Additionally, it manages the operation and maintenance of ethanol production in government-owned distilleries, capable of using both ethanol and grain-based raw materials. Greenhitech Ventures is active in providing business solutions for fuel and alternative material consumers across India.
Operating primarily in the Purvanchal region of Uttar Pradesh, India, the company focuses on biofuels like Biodiesel, known for its clean-burning properties that enhance vehicle efficiency, and Light Diesel Oil (LDO), an industrial fuel used in electricity and heat generation. Greenhitech Ventures plans to issue 1,260,000 fresh equity shares through a public offer, indicating its growth and investment aspirations.
