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Bikewo Green Tech Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹62
Issue Price
₹62
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹62
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹124,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
20 Sep 2024
Fri Completed
Done
Close Date
24 Sep 2024
Tue Completed
Done
Allotment
25 Sep 2024
Wed Completed
Done
Refund
26 Sep 2024
Thu Completed
Done
Demat Credit
26 Sep 2024
Thu Completed
Done
Listing Date
27 Sep 2024
Fri Completed
UPI Deadline: 24 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹62 Face ₹10
Lot Size
2,000 shares
Min Investment
₹124,000
Total Issue Size
38,86,000 shares (aggregating up to ₹24.09 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,96,000 (5.04%)
QIB Portion
1,86,000 (4.79%)
NII / HNI
17,52,000 (45.08%)
Retail
17,52,000 (45.08%)
Employee
-
Net Offer to Public
36,90,000 shares (aggregating up to ₹22.88 Cr)
Shareholding Pattern
Pre-Issue Shareholding
91,57,250 shares
Post-Issue Shareholding
1,30,43,250 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,24,000
HNI / NII 2 4,000 ₹2,48,000
Objects of Issue
4 objectives
1
Funding the purchase of electric two-wheeler vehicles for selling and supplying the same to our new and existing dealers;
2
Funding capital expenditure proposed to be incurred towards setting up eleven dealership stores in various states in India;
3
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and
4
General Corporate Purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Khandwala Securities Ltd.
Market Maker
Aftertrade Broking Pvt.Ltd
IPO Timeline
Open
20 Sep
✓ Done
Close
24 Sep
✓ Done
Allotment
25 Sep
✓ Done
Listing
27 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@bikewo.in
Phone
+91 8121007731
Address
Plot No. 502B, Amara Jyothi Road No. 31, Jubilee Hills Hyderabad-500033 Hyderabad, Telangana
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹62
Est. Listing
₹62
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Bikewo Green Tech Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
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52W L
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| Price
Market Reference
IPO Issue Price
₹62
GMP
+₹0 (+0%)
GMP Est. Listing
₹62
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,86,000 (4.79%) ₹11.53 Cr
NII / HNI (Total) 17,52,000 (45.08%) ₹1,086.24 Cr
Retail Investors 17,52,000 (45.08%) ₹1,086.24 Cr
Total ** 38,86,000 (100.00%) ₹24,093.20 Cr
Market Maker * 1,96,000 (5.04%) ₹12.15 Cr
* Based on ₹62.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,86,000 (4.79%)
NII
17,52,000 (45.08%)
Retail
17,52,000 (45.08%)
Market Maker
1,96,000 (5.04%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue2514.212061.861391.71
PAT167.219.8015.19
EBITDA
Net Worth1676.70723.14713.34
Total Assets3151.351962.001497.41
Reserves
Borrowings1419.351239.26784.07
Key Financial Ratios
13.94%
ROE
Return on Equity
10.87%
ROCE
Return on Capital Employed
13.94%
RONW
Return on Net Worth
6.69%
PAT Margin
PAT / Revenue
3.39
P/BV
Price to Book Value
1.83
Pre EPS
EPS Pre-Issue
1.28
Post EPS
EPS Post-Issue
33.95
Pre P/E
P/E Pre-Issue
48.36
Post P/E
P/E Post-Issue
About Bikewo Green Tech Ltd

Incorporated in December 2006,Bikewo Green Tech Limited is a electric two wheeler retailer in India.

The company's brand is in Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra and Gujarat.

The company operate its business activities through dealership models. They offer three types of dealerships to their dealers;

  • State Dealership;
  • Diamond Dealership; and
  • Platinum Dealership

The company plans to open stores in Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneshwar, Nagpur, Bangalore and Trivandrum.

As of January 31, 2024, the Company had 36 employees on payroll.

Competitive Strength

  1. Premium EV retail business in India with dealerships for brands such as Ola Electric, Quantum escooters, Bounce, GT-Force, etc
  2. Unique Business Model with presence in various states across India
  3. Continued expansion in the after-sales segment is driving steady revenue growth and higher profit margins.
Frequently Asked Questions
What is the issue price of Bikewo Green Tech Ltd IPO?
The issue price of Bikewo Green Tech Ltd IPO is ₹62 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹124,000.
What are the IPO dates?
Opens 20 Sep 2024, closes 24 Sep 2024.
When is the listing date?
Tentative listing: 27 Sep 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹62 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Bikewo Green Tech Ltd IPO · Expected 25 Sep 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
25 Sep 2024
Refund Initiation
26 Sep 2024
Demat Credit
26 Sep 2024
Listing Date
27 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹62
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹124,000
1 lot
Est. Listing
₹62
GMP +₹0
Key Dates
Open
20 Sep Done
Close
24 Sep Done
Listing
27 Sep Done
Registrar
Bigshare Services Pvt.Ltd
A
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