Incorporated in December 2006, Bikewo Green Tech Limited is a leading electric two-wheeler retailer in India, specializing in eco-friendly transportation solutions.
Geographic Presence: Bikewo Green Tech Limited operates across key regions in India, including Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat.
Dealership Models: The company supports its growth through a structured dealership network, offering three types of dealership opportunities:
- State Dealership
- Diamond Dealership
- Platinum Dealership
Expansion Plans: Bikewo Green Tech Limited is set to expand its footprint with upcoming stores in Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneswar, Nagpur, Bangalore, and Trivandrum.
Workforce: As of January 31, 2024, Bikewo Green Tech Limited employs 36 professionals, underscoring its commitment to growth and operational excellence. For more information on Bikewo Green Tech Limited and its innovative electric two-wheeler solutions, visit its website.
BikeWo GreenTech IPO Details
|
| IPO opens on |
20 September 2024 |
| IPO closes on |
24 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
3886000 Shares / Rs 24.09 Crore |
| * Fresh Issue |
3886,000 Shares / Rs 24.09 Crore |
| * Offer for Sale – |
– shares / Rs. – crore |
| Market Maker Portion |
196,000 Shares |
| Net offer to Public |
3690000 Shares/ Rs.22.88 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.59-62 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
2000 Shares |
| Listing will at |
NSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (50%) |
1845,000 |
11.44 |
| NII (15%) |
553500 |
3.43 |
| RII (35%) |
1291500 |
8.00 |
| Total Shares |
3690,000 |
22.88 |
| Retail portion will be oversubscribed by |
645 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
2000 Shares |
Rs.124000 |
| Min HNI Application |
4000 Shares |
Rs.248000 |
Who are the Promoters of BikeWo GreenTech IPO? The company’s promoters are Katepalli Manideep, Satyapoorna Chander Yalamanchili, N Vidhya Sagar Reddy and Manvi Talwar.
What are the Objects of BikeWo GreenTech IPO?
The Offer comprises of fresh issue of shares. The Company proposes to utilize the Net Proceeds from the Issue towards the following objects: 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; and General Corporate Purposes.
| Registered Office of the Company BikeWo GreenTech Limited Plot No. 502B, Amara Jyothi Road No. 31, Jubilee Hills Hyderabad-500033 |
| Who is the Lead Manager of this IPO? Khandwala Securities Limited |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
BikeWo GreenTech IPO GMP grey market premium, review, Subscription, allotment, listing estimate
BikeWo GreenTech IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
13.92 |
0.15 |
– |
– |
| 2022-23 |
20.62 |
0.09 |
– |
– |
| 2023-24 |
25.14 |
1.67 |
1.83 |
13.94 |
| Book Value of the Share on 31.03.2024 |
Rs |
? |
|
|
| BV of the Share at cap price after IPO |
Rs. |
– |
|
|
| Offer Price/upper band |
Rs. |
62 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
33.95 |
| Price/BV Ratio |
|
| Price/BV after IPO |
|
How BikeWo GreenTech IPO compares with the Peers?
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
BikeWo GreenTech IPO Review
Incorporated in December 2006, Bikewo Green Tech Limited is a leading electric two-wheeler retailer in India, specializing in eco-friendly transportation solutions. Size: Net size of the IPO is Rs.22.88 crore, comprising of 3690,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved smoothly. Financial Snapshot: The company has shown sharp rise in the profits for the year 2023-24, a year prior to the IPO. We are not sure whether the company can maintain such high profitability. There is tough competition from large organised manufacturers like Bajaj Auto, TVS Motors, Ola Electric etc. IPO is not so attractive.
Quicklinks
BikeWo GreenTech IPO GMP today allotment, review?
BikeWo GreenTech IPO GMP grey market premium
BikeWo GreenTech IPO FAQs
What is BikeWo GreenTech IPO?
This is a SME IPO of 3886000 equity shares of the face value of Rs. 10 aggregating up to Rs.24.09 Crores. The issue is priced at Rs.59-62 per share. The minimum order quantity is 2000 Shares.
When will BikeWo GreenTech IPO subscription open?
BikeWo GreenTech IPO opens on September 18, 2024, and closes on September 20, 2024.
What is the lot size of BikeWo GreenTech IPO?
BikeWo GreenTech IPO lot size is 2000 Shares, and the minimum amount required is Rs.124000
How to apply for BikeWo GreenTech IPO?
You can apply in BikeWo GreenTech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is BikeWo GreenTech IPO allotment?
The finalization of Basis of Allotment for BikeWo GreenTech IPO will be done on September 23 2024, and the allotted shares will be credited to your demat account by September 24, 2024.
When is BikeWo GreenTech IPO listing date?
BikeWo GreenTech IPO listing date is September 25, 2024.
Subscription status of BikeWo GreenTech IPO
Will update soon
What is the business of BikeWo GreenTech?
Incorporated in December 2006, Bikewo Green Tech Limited is a leading electric two-wheeler retailer in India, specializing in eco-friendly transportation solutions.
Geographic Presence: Bikewo Green Tech Limited operates across key regions in India, including Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat.
Dealership Models: The company supports its growth through a structured dealership network, offering three types of dealership opportunities:
- State Dealership
- Diamond Dealership
- Platinum Dealership
Expansion Plans: Bikewo Green Tech Limited is set to expand its footprint with upcoming stores in Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneswar, Nagpur, Bangalore, and Trivandrum.
Workforce: As of January 31, 2024, Bikewo Green Tech Limited employs 36 professionals, underscoring its commitment to growth and operational excellence. For more information on Bikewo Green Tech Limited and its innovative electric two-wheeler solutions, visit its website.
BikeWo GreenTech IPO Details
|
| IPO opens on |
20 September 2024 |
| IPO closes on |
24 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
3886000 Shares / Rs 24.09 Crore |
| * Fresh Issue |
3886,000 Shares / Rs 24.09 Crore |
| * Offer for Sale – |
– shares / Rs. – crore |
| Market Maker Portion |
196,000 Shares |
| Net offer to Public |
3690000 Shares/ Rs.22.88 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.59-62 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
2000 Shares |
| Listing will at |
NSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (50%) |
1845,000 |
11.44 |
| NII (15%) |
553500 |
3.43 |
| RII (35%) |
1291500 |
8.00 |
| Total Shares |
3690,000 |
22.88 |
| Retail portion will be oversubscribed by |
645 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
2000 Shares |
Rs.124000 |
| Min HNI Application |
4000 Shares |
Rs.248000 |
Who are the Promoters of BikeWo GreenTech IPO? The company’s promoters are Katepalli Manideep, Satyapoorna Chander Yalamanchili, N Vidhya Sagar Reddy and Manvi Talwar.
What are the Objects of BikeWo GreenTech IPO?
The Offer comprises of fresh issue of shares. The Company proposes to utilize the Net Proceeds from the Issue towards the following objects: 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; and General Corporate Purposes.
| Registered Office of the Company BikeWo GreenTech Limited Plot No. 502B, Amara Jyothi Road No. 31, Jubilee Hills Hyderabad-500033 |
| Who is the Lead Manager of this IPO? Khandwala Securities Limited |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
BikeWo GreenTech IPO GMP grey market premium, review, Subscription, allotment, listing estimate
BikeWo GreenTech IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
13.92 |
0.15 |
– |
– |
| 2022-23 |
20.62 |
0.09 |
– |
– |
| 2023-24 |
25.14 |
1.67 |
1.83 |
13.94 |
| Book Value of the Share on 31.03.2024 |
Rs |
? |
|
|
| BV of the Share at cap price after IPO |
Rs. |
– |
|
|
| Offer Price/upper band |
Rs. |
62 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
33.95 |
| Price/BV Ratio |
|
| Price/BV after IPO |
|
How BikeWo GreenTech IPO compares with the Peers?
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
BikeWo GreenTech IPO Review
Incorporated in December 2006, Bikewo Green Tech Limited is a leading electric two-wheeler retailer in India, specializing in eco-friendly transportation solutions. Size: Net size of the IPO is Rs.22.88 crore, comprising of 3690,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved smoothly. Financial Snapshot: The company has shown sharp rise in the profits for the year 2023-24, a year prior to the IPO. We are not sure whether the company can maintain such high profitability. There is tough competition from large organised manufacturers like Bajaj Auto, TVS Motors, Ola Electric etc. IPO is not so attractive.
Quicklinks
BikeWo GreenTech IPO GMP today allotment, review?
BikeWo GreenTech IPO GMP grey market premium
BikeWo GreenTech IPO FAQs
What is BikeWo GreenTech IPO?
This is a SME IPO of 3886000 equity shares of the face value of Rs. 10 aggregating up to Rs.24.09 Crores. The issue is priced at Rs.59-62 per share. The minimum order quantity is 2000 Shares.
When will BikeWo GreenTech IPO subscription open?
BikeWo GreenTech IPO opens on September 18, 2024, and closes on September 20, 2024.
What is the lot size of BikeWo GreenTech IPO?
BikeWo GreenTech IPO lot size is 2000 Shares, and the minimum amount required is Rs.124000
How to apply for BikeWo GreenTech IPO?
You can apply in BikeWo GreenTech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is BikeWo GreenTech IPO allotment?
The finalization of Basis of Allotment for BikeWo GreenTech IPO will be done on September 23 2024, and the allotted shares will be credited to your demat account by September 24, 2024.
When is BikeWo GreenTech IPO listing date?
BikeWo GreenTech IPO listing date is September 25, 2024.
What is the latest grey market premium of BikeWo GreenTech IPO?
For latest GMP, ClickSubscription status of BikeWo GreenTech IPO
Will update soon
What is the business of BikeWo GreenTech?
Incorporated in December 2006, Bikewo Green Tech Limited is a leading electric two-wheeler retailer in India, specializing in eco-friendly transportation solutions.
Geographic Presence: Bikewo Green Tech Limited operates across key regions in India, including Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat.
Dealership Models: The company supports its growth through a structured dealership network, offering three types of dealership opportunities:
- State Dealership
- Diamond Dealership
- Platinum Dealership
Expansion Plans: Bikewo Green Tech Limited is set to expand its footprint with upcoming stores in Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneswar, Nagpur, Bangalore, and Trivandrum.
Workforce: As of January 31, 2024, Bikewo Green Tech Limited employs 36 professionals, underscoring its commitment to growth and operational excellence. For more information on Bikewo Green Tech Limited and its innovative electric two-wheeler solutions, visit its website.
BikeWo GreenTech IPO Details
|
| IPO opens on |
20 September 2024 |
| IPO closes on |
24 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
3886000 Shares / Rs 24.09 Crore |
| * Fresh Issue |
3886,000 Shares / Rs 24.09 Crore |
| * Offer for Sale – |
– shares / Rs. – crore |
| Market Maker Portion |
196,000 Shares |
| Net offer to Public |
3690000 Shares/ Rs.22.88 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.59-62 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
2000 Shares |
| Listing will at |
NSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (50%) |
1845,000 |
11.44 |
| NII (15%) |
553500 |
3.43 |
| RII (35%) |
1291500 |
8.00 |
| Total Shares |
3690,000 |
22.88 |
| Retail portion will be oversubscribed by |
645 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
2000 Shares |
Rs.124000 |
| Min HNI Application |
4000 Shares |
Rs.248000 |
Who are the Promoters of BikeWo GreenTech IPO? The company’s promoters are Katepalli Manideep, Satyapoorna Chander Yalamanchili, N Vidhya Sagar Reddy and Manvi Talwar.
What are the Objects of BikeWo GreenTech IPO?
The Offer comprises of fresh issue of shares. The Company proposes to utilize the Net Proceeds from the Issue towards the following objects: 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; and General Corporate Purposes.
| Registered Office of the Company BikeWo GreenTech Limited Plot No. 502B, Amara Jyothi Road No. 31, Jubilee Hills Hyderabad-500033 |
| Who is the Lead Manager of this IPO? Khandwala Securities Limited |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
BikeWo GreenTech IPO GMP grey market premium, review, Subscription, allotment, listing estimate
BikeWo GreenTech IPO Financial & Analytical Ratios
|
| Year |
Total Income |
Net Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
13.92 |
0.15 |
– |
– |
| 2022-23 |
20.62 |
0.09 |
– |
– |
| 2023-24 |
25.14 |
1.67 |
1.83 |
13.94 |
| Book Value of the Share on 31.03.2024 |
Rs |
? |
|
|
| BV of the Share at cap price after IPO |
Rs. |
– |
|
|
| Offer Price/upper band |
Rs. |
62 |
|
|
IPO Key Performance indicators
|
| Price/EPS of 23-24 |
33.95 |
| Price/BV Ratio |
|
| Price/BV after IPO |
|
How BikeWo GreenTech IPO compares with the Peers?
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
BikeWo GreenTech IPO Review
Incorporated in December 2006, Bikewo Green Tech Limited is a leading electric two-wheeler retailer in India, specializing in eco-friendly transportation solutions. Size: Net size of the IPO is Rs.22.88 crore, comprising of 3690,000 shares. The size of the IPO is not very large and so reasonable oversubscription can be achieved smoothly. Financial Snapshot: The company has shown sharp rise in the profits for the year 2023-24, a year prior to the IPO. We are not sure whether the company can maintain such high profitability. There is tough competition from large organised manufacturers like Bajaj Auto, TVS Motors, Ola Electric etc. IPO is not so attractive.
Quicklinks
BikeWo GreenTech IPO GMP today allotment, review?
BikeWo GreenTech IPO GMP grey market premium
BikeWo GreenTech IPO FAQs
What is BikeWo GreenTech IPO?
This is a SME IPO of 3886000 equity shares of the face value of Rs. 10 aggregating up to Rs.24.09 Crores. The issue is priced at Rs.59-62 per share. The minimum order quantity is 2000 Shares.
When will BikeWo GreenTech IPO subscription open?
BikeWo GreenTech IPO opens on September 18, 2024, and closes on September 20, 2024.
What is the lot size of BikeWo GreenTech IPO?
BikeWo GreenTech IPO lot size is 2000 Shares, and the minimum amount required is Rs.124000
How to apply for BikeWo GreenTech IPO?
You can apply in BikeWo GreenTech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is BikeWo GreenTech IPO allotment?
The finalization of Basis of Allotment for BikeWo GreenTech IPO will be done on September 23 2024, and the allotted shares will be credited to your demat account by September 24, 2024.
When is BikeWo GreenTech IPO listing date?
BikeWo GreenTech IPO listing date is September 25, 2024.
September 19, 2024
admin
BikeWo GreenTech IPO GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com, a legacy of 31 Years. India`s Oldest Investment & IPO website. Most Trusted by Investors across India. Table of Contents
