BikeWo Green Tech IPO Review 2024 BikeWo Greentech IPO: An Overview BikeWo Greentech, focusing on electric vehicle charging and renewable energy, is set to launch its IPO from September 20 to September 24, 2024. The IPO aims to raise ₹9.87 crore, offering 1,038,000 shares at ₹95 each. Investors can apply for a minimum lot size of 1,200 shares for ₹1,14,000. Listing will be on the NSE SME platform. The funds will be used for working capital, product development, and infrastructure expansion. IPO Details Table BikeWo Green Tech IPO Review 2024: IPO Details Table Particulars Details IPO Date September 20, 2024 to September 24, 2024 Listing Date TBD Face Value ₹10 per share Price Band ₹59 to ₹62 per share Lot Size 2,000 Shares Total Issue Size 3,886,000 shares (₹24.09 Cr) Fresh Issue 3,886,000 shares (₹24.09 Cr) Issue Type Book Built Issue IPO Listing At NSE SME Pre-Issue Share Holding 9,157,250 shares Post-Issue Share Holding 13,043,250 shares Market Maker Portion 196,000 shares For more information, visit BikeWo Greentech IPO. BikeWo Green Tech IPO Review 2024 About BikeWo GreenTech Limited 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 BikeWo Green Tech IPO Review 2024: Objects of the Issue (BikeWo GreenTech IPO Objectives) 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. Pager Technology: A Comprehensive Guide to Its History, Uses, and Relevance in 2024 Post navigation Bajaj Housing Finance IPO: Allotment Status, GMP, and Key Dates
