BikeWo GreenTech Limited (NSE SME)
Sep 20, 2024 - Sep 24, 2024
| Price | ₹59 - ₹62 |
| Premium | ₹10 |
|---|---|
| Lot size | 2000 |
| Allotment | Sep 25, 2024 |
| Listing | Sep 27, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 124000 | 876 |
| HNI | 2 | 4000 | 248000 | 876 |
About
BikeWo GreenTech IPO Details
| Total Issue Size | 3,886,000 shares (aggregating up to ₹24.09 Cr) |
| Fresh Issue | 3,886,000 shares (aggregating up to ₹24.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,157,250 |
| Share holding post issue | 13,043,250 |
| Market Maker portion | 196,000 shares |
BikeWo GreenTech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 13.94% | 1.36% | 2.82% |
| ROCE | 10.87% | 2.64% | 5.77% |
| RONW | 13.94% | 1.35% | 2.13% |
| EPS (basic) | 2.51 | 0.19 | 0.3 |
| P/E Pre IPO | 33.95 | ||
| P/E Post IPO | 48.36 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 3,151.35 | 1,962.40 | 1,497.41 |
| Revenue | 2,514.21 | 2,061.86 | 1,391.71 |
| Profit After Tax | 167.21 | 9.8 | 15.19 |
| Net Worth | 1,676.70 | 723.14 | 713.34 |
| Total Borrowing | 1,419.35 | 1,239.26 | 784.07 |
| Amount in Lakhs | |||
About Company
Bikewo Green Tech Limited, incorporated in December 2006, is an electric two-wheeler retailer with operations across Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat. The company operates through a dealership model, offering three types of dealerships: State Dealership, Diamond Dealership, and Platinum Dealership, allowing for scalable business growth. To further expand its footprint, Bikewo Green Tech plans to open new stores in cities like Raipur, Indore, Delhi, Chandigarh, Lucknow, Prayagraj, Patna, Bhubaneshwar, Nagpur, Bangalore, and Trivandrum. As of January 31, 2024, the company employed 36 people.
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html