BikeWo GreenTech IPO: Day 2 Update, GMP, Subscription Status, and Key Details September 23, 2024 MSME Sampark IPO News 0 The initial public offering (IPO) of BikeWo GreenTech Limited opened for subscription on September 19, 2024, and will remain open for bids until September 24, 2024. The company has set a price band of ₹59 to ₹62 per share, with plans to list on the NSE SME Emerge platform. As of Day 2, the IPO has been subscribed over three times its offer size, signaling a strong response from investors. Additionally, the grey market premium (GMP) indicates positive sentiment, with shares trading at a premium of ₹10 in the grey market. BikeWo GreenTech aims to raise ₹24.09 crore through the issuance of fresh shares in this public offer. Investors can apply in lots, with each lot comprising 2,000 shares. The allotment of shares is likely to be finalized on September 25, 2024, with shares expected to list on the NSE SME Emerge platform on September 27, 2024. The company reported solid financials for FY24, with a revenue of ₹2,498.78 lakh, an EBITDA of ₹282.29 lakh, and a PAT of ₹167.21 lakh. The registrar for this IPO is Bigshare Services Private Limited. Disclaimer: The information provided in this article is based on updates and reports gathered from various internet sources. Every effort has been made to ensure accuracy and reliability. We encourage readers to verify the details independently. Popular Articles IPO News Western Carriers IPO Allotment Expected on Sep 20: How to Check Status Online, Latest GMP, and Key Details Msme News 11 Crore Jobs Created by MSMEs, Backbone of India’s Economy; Rajya Sabha MP Neeraj Shekhar Ji at MSME Bharat Summit 2025 Msme News MSME Bank Credit Jumps 14% in Priority Lending in August: RBI Data Msme News Uttar Pradesh Launches MICE Incentive Scheme to Promote MSMEs Globally Msme News Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Msme News PayPal & The Rise of India’s Digital MSMEs Msme News AI Could Transform MSMEs and Unlock $500 Billion in Economic Value Msme News How to Apply for CGTMSE: A Step-by-Step Guide for Small Businesses Msme News Indian MSMEs Show Remarkable Resilience: Exports Triple in 5 Years Msme News Industrial Icon Ratan Tata Passes Away at 86, A Nation Mourns
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