BikeWo GreenTech IPO

Bikewo Green Tech Ltd

₹1,18,000 /2000 sharesMinimum Investment

BikeWo GreenTech IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹62.00₹45.00-₹17.00 (27.42%)

BikeWo GreenTech IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
20 Sep ‘24 - 24 Sep ‘24₹1,18,0002,000₹59 - ₹62
Issue SizeIPO Doc
24.09Cr
RHP PDF

Subscription rate

As of 24 Sep'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total38.2341739577972x

About BikeWo GreenTech

BikeWo GreenTech is an electric two-wheeler retailer. Initially, the company’s business revolved around the purchase and sale of used four-wheelers from authorised dealers of automobile brands. Later in the year 2022, BikeWo GreenTech expanded its operations to include the marketing and sales of electric vehicles (EVs). The company conducts its business through a dealership model, offering three types of dealerships to its dealers: state dealership, diamond dealership, and platinum dealership. The company’s products include low-speed 2-wheeler vehicles, high-speed 2-wheeler vehicles, and bikes.;
Founded in
2016
Managing director
Mr. Katepalli Manideep
Parent organisation
Bikewo Green Tech Ltd

Strengths & Financials of BikeWo GreenTech

Strengths
Risks
The company operates a network of dealerships in various states, including Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat.
This network of dealerships also supports the company’s supply chain and customer service.
BikeWo GreenTech has integrated a technology named Cypero into its business systems. The company claims that this technology has helped it streamline the sales process, enhance automation, and enable integration of sales management, inventory tracking, and customer relationship management (CRM).
The company has seen a consistent increase in revenue from operations over the past few years. Revenue from operations increased from Rs 13.81 crore in FY22 to Rs 20.57 crore in FY23 to Rs 24.99 crore in FY24.

BikeWo GreenTech Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of BikeWo GreenTech IPO

Apply asPrice bandApply upto
Regular59 - 62₹2 Lakh
High Networth Individual59 - 62₹2 - 5 Lakh
For BikeWo GreenTech IPO, eligible investors can apply as Regular.
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