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 Msme News Government Announces ₹10,000 Crore MSME Growth Fund in Budget 2026–27 Msme News Fabindia Partners with Ministry of MSME to Empower India’s Traditional Artisans Under PM Vishwakarma Scheme IPO News Sodhani Academy of Fintech Enablers IPO: Day 3 – Subscription Status, GMP, Key Dates, and More Msme News EEPC India’s Platinum Jubilee: President Murmu Highlights MSMEs’ Role in Building Innovation Economy Msme News MSME Ministry invites applications for National Awards 2024 to honor entrepreneurial excellence. Msme News MSMEs are the Second-Largest Job Creators After Agriculture: Yogi at the Inaugural Ceremony of UP International Trade Show-2024 Msme News The Purchase and Price Preference Policy for MSMEs Msme News Power Ministry to Introduce Rs 1,000-Crore Scheme for Energy Efficiency in MSMEs Msme News Commerce Ministry Reports 43% of New White Goods PLI Applicants Are MSMEs IPO News Western Carriers IPO Allotment Expected on Sep 20: How to Check Status Online, Latest GMP, and Key Details
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