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 QCOs Are Helping MSMEs Make Better Products and Win Consumer Trust: Piyush Goyal Msme News Tollywood Star Mahesh Babu Invests in Nutraceutical Startup Fitday IPO News BikeWo GreenTech IPO: Day 2 Update, GMP, Subscription Status, and Key Details Msme News Akme Fintrade Partners With MAS Financial for Streamlined MSME Financing Msme News CM Hemant Soren Places Key Development Demands at Eastern Zonal Council Meeting Msme News IPR Scheme Under MSME Innovation Initiative Msme News India-UK Trade Agreement to Transform MSME Growth and Global Access Msme News Digital Campaigns Boost Transparency in MSME Udyam Registration Msme News Startup Mahakumbh 2025 is ready to host 3000+ startups in New Delhi IPO News HDB Financial Services IPO: HDFC Bank Approves ₹2,500 Crore Fundraising Plan
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