Last updated on October 10th, 2024 at 06:33 pm
Bikewo Green Tech Limited IPO opens on 20th September 2024 and closes on 24th September 2024, with shares priced between ₹59 and ₹62 each. The issue includes up to 38,86,000 equity shares, with a face value of ₹10 per share and a minimum lot size of 2000 shares. Retail investors can invest up to ₹2,00,000. This 100% book building IPO includes a Market Maker portion of 1,96,000 shares.
About Bikewo Green Tech Limited
Bikewo Green Tech Limited is an electric vehicle (EV) company aiming to transform the mobility sector with sustainable solutions. With the rise in demand for electric vehicles, Bikewo is positioned as a key player in the market, offering affordable and efficient electric mobility products.
IPO Details
- IPO Start Date: 20th September 2024
- IPO End Date: 24th September 2024
- Issue Price: ₹59 – ₹62 per share
- Face Value: ₹10 per equity share
- Lot Size: 2000 Shares
- Total Issue Size: Up to 38,86,000 equity shares (including Market Maker portion of 1,96,000 equity shares)
- Maximum Subscription for Retail Investor: ₹2,00,000
- Status: 100% Book Building
GMP Price (Grey Market Premium)
Bikewo Greentech IPO GMP is ₹10 as of today.
Promoters
| Promoter Name | Stake |
|---|---|
| Promoter 1 | To be updated |
| Promoter 2 | To be updated |
Financial Summary
Here is the financial summary for Bikewo Green Tech Limited based on the attached document:
- Revenue from Operations: For the year ending March 31, 2024, the company reported revenue of INR 282.29 lakhs, an increase from INR 72.15 lakhs in 2023.
- Net Profit: The company achieved a net profit of INR 167.21 lakhs in 2024, up from INR 9.80 lakhs in 2023.
- Total Assets: As of March 31, 2024, Bikewo Green Tech Limited had total assets valued at INR 1,997.94 lakhs, compared to INR 1,019.48 lakhs in 2023.
- Equity Share Capital: The equity share capital stood at INR 915.72 lakhs in 2024, reflecting significant growth from previous years.
- Earnings Per Share: For the fiscal year 2024, the company reported earnings per share of INR 2.51, up from INR 0.19 in 2023.
Important Dates
| Event | Date |
|---|---|
| Offer Start | 20th Sep 2024 |
| Offer End | 24th Sep 2024 |
| Allotment | To be announced |
| Refund Initiation | 16th Sep 2024 |
| Demat Transfer | 16th Sep 2024 |
| Listing | 17th Sep 2024 |
FAQs
- Bikewo Greentech IPO GMP: The GMP will be updated closer to the listing date.
- Bikewo Greentech IPO Listing Date: The expected listing date is 17th September 2024.
- Bikewo Greentech IPO Listing Price: The listing price will be confirmed on the day of listing.
- Bikewo Greentech IPO Review: The IPO review will be updated based on market sentiment.
- Bikewo Greentech IPO Price: The issue price is set at ₹59 to ₹62 per share.
- Bikewo Greentech IPO Date: Active from 20th to 24th September 2024.
- Bikewo Green Tech IPO Review: Detailed review will be provided once subscription data and market feedback are available.
