BikeWo Green Tech IPO description – The company is an electric two-wheeler retailer in India with dealerships for brands such as Ola Electric, Quantum Escooters, Bounce, and GT-Force among others. After commencing operations in 2016, the company has been engaged in the business of buying and selling used four-wheelers from authorized dealers. It diversified into marketing and selling of electric vehicles in 2022 and appointed ten dealers during the first quarter of FY 2022, for opening and operating stores in Andhra Pradesh and Telangana.
Its business model focuses on creating a dealership chain across Tier-II and Tier-III cities for setting up retail spaces which ensures high visibility and easy accessibility to customers. The company plans to continue to deepen its store network in Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat; and plans to gradually expand its network in Rajasthan, Kerala, Karnataka, and West Bengal. The company offers three types of dealerships; (i) State Dealership; (ii) Diamond Dealership; and (iii) Platinum Dealership.
Promoters of BikeWo Green Tech – Mr. Katepalli Manideep, Mr. Satyapoorna Chander Yalamanchili, Mr. N Vidhya Sagar Reddy, and Ms. Manvi Talwar
Table of Contents
BikeWo Green Tech IPO Details
| BikeWo Green Tech IPO Dates | 18 – 20 September 2024 |
| BikeWo Green Tech Issue Price | INR 59 – 62 per share |
| Fresh issue | 38,86,000 shares (INR 22.93 – 24.09 crore) |
| Offer For Sale | NIL |
| Total IPO size | 38,86,000 shares (INR 22.93 – 24.09 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,24,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
BikeWo Green Tech Offer News
BikeWo Green Tech IPO GMP Today
BikeWo Green Tech IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
BikeWo Green Tech IPO Allotment Status
BikeWo Green Tech IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
BikeWo Green Tech IPO Dates & Listing Performance
| IPO Opening Date | 18 September 2024 |
| IPO Closing Date | 20 September 2024 |
| Finalization of Basis of Allotment | 23 September 2024 |
| Initiation of refunds | 24 September 2024 |
| Transfer of shares to demat accounts | 24 September 2024 |
| IPO Listing Date | 25 September 2024 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
BikeWo Green Tech Offer Lead Manager
KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai 400 023, Maharashtra, India
Phone: +91 22 4076 7373
Email: [email protected]/[email protected]
Website: www.kslindia.com
BikeWo Green Tech Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
BIKEWO GREEN TECH LIMITED
Plot No. 502B, Amara Jyothi,
Road No. 31, Jubilee Hills,
Hyderabad – 500 033, Telangana
Phone: +91 – 812 100 7731
E-mail: [email protected]
Website: [email protected]
IPO FAQs
What is BikeWo Green Tech offer size?
BikeWo Green Tech offer size is INR 22.93 – 24.09 crores.
What is BikeWo Green Tech offer price band?
BikeWo Green Tech public offer price is INR 59 – 62 per share.
What is the lot size of BikeWo Green Tech IPO?
BikeWo Green Tech offer lot size is 2,000 shares.
What is BikeWo Green Tech IPO GMP today?
BikeWo Green Tech IPO GMP today is INR NA per share.
What is BikeWo Green Tech kostak rate today?
BikeWo Green Tech kostak rate today is INR NA per application.
What is BikeWo Green Tech IPO Subject to Sauda rate today?
BikeWo Green Tech’s Subject to Sauda rate today is INR NA per application.
