BikeWo GreenTech IPO
BikeWo GreenTech is an NSE SME IPO listed on the NSE SME platform, priced at ₹59–₹62 per share. The stock debuted at ₹45. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,24,000.
BikeWo GreenTech Limited IPO
- IPO Dates
- Sep 20, 2024 – Sep 24, 2024
- Price band
- ₹59-62 per equity share
- Minimum Investment
- ₹1,24,000
- Issue size
- ₹24.09 Cr
- Lot size
- 2000
- Allotment Date
- Sep 25, 2024
- Listing
- Sep 27, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 20, 2024
Open Date
Completed
-
Sep 24, 2024
Close Date
Completed
-
Sep 25, 2024
Allotment Date
Completed
-
Sep 27, 2024
Listing Date
Completed
BikeWo GreenTech IPO Essentials
BikeWo GreenTech IPO Details
BikeWo GreenTech IPO is priced at ₹59-62 per share with a total issue size of 24.09 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹59-62 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,886,000 shares(aggregating up to ₹24.09 Cr)
- Total issue size
- 38,86,000 shares
(aggregating up to ₹24.09 crore) - Fresh issue
- 38,86,000 shares
(aggregating up to ₹24.09 crore) - Listing at
- NSE SME
- List price
- 45.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Khandwala Securities Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,24,000 |
| Retail(max) | 1 | 2000 | ₹1,24,000 |
| NII (min) | 2 | 4000 | ₹2,48,000 |
BikeWo GreenTech IPO Documents
BikeWo GreenTech IPO Reservation
BikeWo GreenTech IPO reservation details show category-wise allocation of shares. Out of the total 38,86,000 shares, approximately 4.79% are reserved for QIB, 45.08% for NII, 45.08% for retail investors, and 5.04% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 1,96,000 (5.04%) | |
| QIB Shares Offered | 1,86,000 (4.79%) | |
| NII (HNI) Shares Offered | 17,52,000 (45.08%) | |
| Retail Shares Offered | 17,52,000 (45.08%) | |
| Total Shares Offered | 38,86,000 (100%) |
BikeWo GreenTech IPO Analytics
BikeWo GreenTech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
BikeWo GreenTech IPO Subscription Status
BikeWo GreenTech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 186,000 / 1,752,000 | 1,752,000 | 3,690,000 |
|
Day 1
20-09-24 06:00 PM
|
(0.00 / 0.34) x | 2.36 x | 1.28 x |
|
Day 2
23-09-24 06:00 PM
|
(1.00 / 2.75) x | 17.57 x | 9.69 x |
|
Day 3
24-09-24 06:00 PM
|
(43.03 / 22.60) x | 61.19 x | 41.95 x |
BikeWo GreenTech Valuations
Earnings
- EPS Pre IPO
- ₹1.83/-
- EPS Post IPO
- ₹1.28/-
- P/E Pre IPO
- 33.95
- P/E Post IPO
- 48.36
Returns
- ROE
- 13.94%
- ROCE
- 10.87%
- RoNW
- 13.94%
- PAT Margin
- 6.69
Fundamentals
- Price / Book
- 3.39
BikeWo GreenTech Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,151.35 | 1,962.4 | 1,497.41 |
| Revenue | 2,514.21 | 2,061.86 | 1,391.71 |
| Profit After Tax | 167.21 | 9.8 | 15.19 |
| Net Worth | 1,676.7 | 723.14 | 713.34 |
| Total Borrowing | 1,419.35 | 1,239.26 | 784.07 |
BikeWo GreenTech Company & Offer Insights
About BikeWo GreenTech
In the December of the year 2006, Bikewo Green Tech Limited is a foremost electric two-wheelers retailer of India. In a dealership format, the Company deals in State Dealership, Diamond Dealership and also has Platinum Dealership.
Presently, the brands are very effective across Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, Gujarat and also aim to spread further to cities Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneswar, Nagpur, Bangalore, and Trivandrum.
Bikewo Green Tech is committed to furthering sustainable mobility solutions while making its innovative electric vehicle offerings widely accessible, and it has a dedicated team of 36 employees as of January 31, 2024.
BikeWo GreenTech Promoter(s)
Katepalli Manideep, Satyapoorna Chander Yalamanchili, N Vidhya Sagar Reddy, Manvi Talwar are the company's promoters of BikeWo GreenTech.
BikeWo GreenTech IPO Issue Objectives
- •
- Funding the purchase of electric two-wheeler vehicles for selling and supplying the same to our new and existing dealers
- •
- Funding capital expenditure proposed to be incurred towards setting up eleven dealership stores in various states in India
- •
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- •
- General Corporate Purposes.
Contact Information
Contact Details
BikeWo GreenTech
+91 8121007731
Plot No. 502B, Amara Jyothi, Road No. 31, Jubilee Hills, Hyderabad-500033
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
BikeWo GreenTech IPO is a book-built IPO worth ₹24.09 crore. The price band is ₹59–₹62 per share. The IPO opens on Sep 20, 2024 and closes on Sep 24, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of BikeWo GreenTech IPO is ₹59 to ₹62 per share.
The lot size of BikeWo GreenTech IPO is 2000 shares.
The minimum investment for BikeWo GreenTech IPO is approximately ₹1,24,000 based on the upper price band .
BikeWo GreenTech IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.
The allotment date of BikeWo GreenTech IPO is Sep 25, 2024.
BikeWo GreenTech IPO is expected to be listed on Sep 27, 2024, on NSE SME Platform.
BikeWo GreenTech IPO valuation snapshot: P/E 48.36, EPS ₹1.28/-, P/B 3.39, RoNW 13.94%, and market cap N/A.
To apply for BikeWo GreenTech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of BikeWo GreenTech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for BikeWo GreenTech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check BikeWo GreenTech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the BikeWo GreenTech IPO allotment status on IPO Ji for quick and easy access.