31 Mar 2022
Assets14.97
Total Income13.92
Profit After Tax0.15
NET Worth7.13
Total Borrowing7.84
At a glance
Updated 2026-08-24BikeWo GreenTech is a SME IPO with an issue size of ₹24.09 crore, proposed for listing on NSE SME. The offer opens on 20th Sep 2024 and closes on 24th Sep 2024. The issue structure includes a fresh issue of ₹22.88 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹24.09 Cr
Fresh issue₹22.88 Cr
Face value₹10
Price band₹59.00–₹62.00
Allotment25th Sep 2024
Listing27th Sep 2024
Grey market
GMP page ↗Latest GMP₹7.00
GMP / upper price11.29%
Est. listing₹69.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens20th Sep 2024
Closes24th Sep 2024
Allotment25th Sep 2024
Refund26th Sep 2024
Demat26th Sep 2024
Listing27th Sep 2024
Subscription demand
Full bidding ↗Total41.82×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹124,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding purchase of electric two wheeler vehicles for selling and supplying the same to the new and existing dealers; | ₹6.00 Cr |
| Funding capital expenditure proposed to be incurred towards setting up of eleven dealership stores in various states in India; | ₹6.23 Cr |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and | ₹3.50 Cr |
| General Corporate Purposes | ₹5.77 Cr |
Financials
Full financials ↗31 Mar 2023
Assets19.62
Total Income20.62
Profit After Tax0.10
NET Worth7.23
Total Borrowing12.39
31 Mar 2024
Assets31.51
Total Income25.14
Profit After Tax1.67
NET Worth16.77
Total Borrowing14.19
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 13.94% |
| ROCE | 10.87% |
| RoNW | 13.94% |
| PAT Margin | 6.69% |
| Price to Book Value | 3.39 |
Valuation & shareholding
Pre-IPO EPS1.83
Post-IPO EPS1.28
Pre-IPO P/E33.95
Post-IPO P/E48.36
Promoter holding pre89%
Promoter holding post62.48%
Market cap₹80.87 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. | ₹0.56 Cr |
| Marketing and Selling Commission and expenses | ₹1.77 Cr |
| Advertising and marketing expenses | ₹0.16 Cr |
| Printing and distribution of issue stationery | ₹0.01 Cr |
| Listing fees | ₹0.01 Cr |
| SEBI and NSE processing fees | ₹0.00 Cr |
| Book Building software fees | ₹0.04 Cr |
| Other regulatory expenses | ₹0.03 Cr |
| Miscellaneous | ₹0.01 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Khandwala Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.