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.
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