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Bikewo Green Tech Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Bikewo Green Tech Ltd IPO

Registered Office: Plot# 502B Amara Jyothi Rd.#31,Jubilee Hills , Hyderabad - 500033 , Telangana , India.
Phone : +91 812 100 7731   Fax:
Email :  info@bikewo.in  
Website :  www.bikewo.in
Initial public offer of upto 38,86,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of the company at an issue price of (Rs)62 per equity share (including a share premium of (Rs)52 per equity share) for cash, aggregating up to (Rs)24.09 crores ("Public Issue") out of which 1,96,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)62 per equity share for cash, aggregating (Rs)1.22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 36,90,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)62 per equity share for cash, aggregating up to (Rs)22.87 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 37.52 % and 28.29 % respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Sep-24 24-Sep-24 (Rs)62.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Khandwala Securities Ltd
Project Financed through Current Offer 24.09  
Post Issue Equity Share Capital 13.04  
Issue Price (Rs)62.00  
 
Projects
Funding purchase of electric two wheeler vehicles for selling and supplying same to its new and existing dealersPrepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
Funding capital expenditure proposed to be incurred towards setting up of eveven dealership store in various states in indiaGeneral corporate purposes
Promoted By
Katepalli Mandeep  
Satyapoorna Chandra Yalamanchi  
N Vidhya Sagar Reddy  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd