Times Green Energy (India) Ltd IPO
BSE SMEListed On: Jun 30, 2021 at ₹ 61.4
₹ 244000 /4000 Shares
*Min Investment
16 Jun, 2021
Open Date22 Jun, 2021
Close Date28 Jun, 2021
Allotment Date30 Jun, 2021
Listing DateIPO Issue Details
- Issue Price ₹61 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 664,000 Eq Shares of ₹10 (aggregating up to ₹4.05 Cr)
- Listing at BSE SME
- List Price 61.4
- Listing Date 2021-06-30
- Lead Manager Aryaman Financial Services limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Times Green Energy (India) Ltd IPO is an SME IPO, priced at ₹61 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 16, 2021 to Jun 22, 2021. The allotment is expected to be finalized on Jun 28, 2021, and the tentative listing date is Jun 30, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 312,000 | 312,000 | 624,000 |
Day 1 16-06-21 05:00 PM | 0.56 x | 0.77 x | 0.66 x |
Day 2 17-06-21 05:00 PM | 0.60 x | 1.83 x | 1.21 x |
Day 3 18-06-21 05:00 PM | 0.63 x | 2.57 x | 1.60 x |
Day 4 21-06-21 07:00 PM | 0.70 x | 3.63 x | 2.16 x |
Day 5 22-06-21 07:00 PM | 0.83 x | 5.05 x | 2.94 x |
Valuations
Company Financials
| 30-Jun-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 4.52 | 3.71 | 2.42 | 3.92 |
| Revenue | 1.22 | 15.14 | 15.15 | 20.19 |
| Profit After Tax | 0.04 | 0.12 | 0.09 | 0.08 |
About Company
Times Green Energy (India) Limited is engaged in the farming and selling activities of agriculture produce and trading of natural organic products, bioproducts, and pesticides. The company operates in two business segments; Agro-Business (distribution of agro products and agrochemicals including organic bio-products) and Women Hygiene and Safety (distribution of Sanitary Napkins).
Recently, in Sep 2020, it has launched an app, Bharatbazaar (Kisaan to Kitchen) to sell 1000+ products including cooking essentials, dairy products, branded foods, and sanitary napkins in and around Hyderabad.
- Promoter(s)
Mrs. Dinne Lakshmi Jumaal
Mrs. Kanpuarthi Vani
Pre Issue Share Holding : 79.20%
Post Issue Share Holding : 47.60%
IPO - Issue Objectives
To finance working capital requirements.
To finance purchase and set-up of registered office.
To finance purchase of vehicles and ERP packages.
To finance setting up of Sanitary Napkin SBUs.
To meet general corporate purposes.
IPO - FAQs
Ans. Times Green Energy (India) Ltd IPO is a SME IPO. The issue is priced at ₹61 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 16, 2021, and closes on Jun 22, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Times Green Energy (India) Ltd IPO opens on Jun 16, 2021 and closes on Jun 22, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Times Green Energy (India) Ltd IPO is 664,000 Eq Shares of ₹10 (aggregating up to ₹4.05 Cr).
Ans. The Times Green Energy (India) Ltd IPO price band is set between ₹61 per equity share.
Ans. To apply for Times Green Energy (India) Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Times Green Energy (India) Ltd 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 Times Green Energy (India) Ltd IPO is Jun 28, 2021.
Ans. The Times Green Energy (India) Ltd IPO will be listed on Jun 30, 2021.
Ans. Follow the steps to check the Times Green Energy (India) Ltd IPO allotment status online.
