IPO

BikeWo GreenTech Limited IPO

NSE SME

Listed On: Sep 27, 2024 at ₹ 45.0

₹ 124000 /2000 Shares

Check Allotment

BikeWo GreenTech IPO Details

20 Sep, 2024

Open Date

24 Sep, 2024

Close Date

25 Sep, 2024

Allotment Date

27 Sep, 2024

Listing Date

Issue Price

₹59-62 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

45.0

Listing Date

2024-09-27

Market Lot

2000 Shares (₹124,000/-)

Lead Manager

Khandwala Securities Limited

Issue Size

3,886,000 shares(aggregating up to ₹24.09 Cr)

Retail Portion

45%

Subscription

41.95 times

IPO Docs

DRHP

BikeWo GreenTech IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved186,000 / 1,752,0001,752,0003,690,000
Day 1 - 20-09-24 06:00 PM0.00 / 0.34 x2.36 x1.28 x
Day 2 - 23-09-24 06:00 PM1.00 / 2.75 x17.57 x9.69 x
Day 3 - 24-09-24 06:00 PM43.03 / 22.60 x61.19 x41.95 x
Total No. of Applications: 53,474 (Approx)

BikeWo GreenTech Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

RoNW

%

BikeWo GreenTech Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets1,962.41,497.411,216.1
Revenue2,061.861,391.712,297.71
Profit After Tax9.8v47.27

About The Company

Bikewo Green Tech Limited is a electric two wheeler retailer in India.The company's brand is in Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra and Gujarat.The company operate its business activities through dealership models. They offer three types of dealerships to their dealers;

State Dealership
Diamond Dealership
Platinum Dealership

The company plans to open stores in Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneshwar, Nagpur, Bangalore and Trivandrum.As of January 31, 2024, the Company had 36 employees on payroll.

Read More

BikeWo GreenTech - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

  1. Katepalli Manideep
  2. Satyapoorna Chander Yalamanchili
  3. N Vidhya Sagar Reddy
  4. Manvi Talwar

BikeWo GreenTech IPO - Issue Objectives

  1. Funding the purchase of electric two-wheeler vehicles for selling and supplying the same to our new and existing dealers
  2. Funding capital expenditure proposed to be incurred towards setting up eleven dealership stores in various states in India
  3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
  4. General Corporate Purposes.

BikeWo GreenTech IPO - FAQs

Ans. BikeWo GreenTech Limited IPO is a SME IPO. The issue is priced at ₹59-62 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 20, 2024, and closes on Sep 24, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The BikeWo GreenTech Limited IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.

Ans. The size of BikeWo GreenTech Limited IPO is 3,886,000 shares(aggregating up to ₹24.09 Cr).

Ans. The IPO price band is set between ₹59-62 per equity share.

Ans. To apply for BikeWo GreenTech Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find BikeWo GreenTech Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of BikeWo GreenTech Limited IPO is Sep 25, 2024.

Ans. The BikeWo GreenTech Limited IPO will be listed on Sep 27, 2024.

Ans. Follow the steps to check the allotment status for BikeWo GreenTech Limited IPO here.