The IPO date for Techknowgreen Solutions has been announced. The IPO will begin on September 18 and end on September 21. Techknowgreen Solutions is a BSE SME IPO that will raise 16.72 crores through the IPO. The price band for Techknowgreen Solutions IPO is set at 86, with a market lot of 1600 shares.
Techknowgreen Solutions, headquartered in Pune, India, is an environmental consulting firm with over 20 years of experience. Consulting – Regulatory | Sustainability, Technology – Execution | Info Tech, and Research – Policy | Engineering are some of their core services. They are one of India’s first organisations to deliver environmental IT solutions via cutting-edge software applications and compliance solutions. They have extensive experience managing complicated projects in a variety of industries, including
infrastructure, chemical, automobile, healthcare, manufacturing, real estate, and national/state governments. Government, semi-government organisations, MNCs, large enterprises, mid-size companies, and MSMEs are among our clients. The Company was originally formed as a partnership firm under a partnership deed dated April 5, 2001, in the name and style of “Techno Green Environmental Solutions,” and was later registered under the Partnership Act, 1932 (“Partnership Act“) with Firm Registration Number BA-81287 in the name and style of “Technogreen Environmental Solutions” on September 17, 2001.
Following that, the firm was converted from a Partnership Firm to a Public Limited Company under Part I of Chapter XXI of the Companies Act, 2013, with the name and style of “Techknowgreen Solutions Limited” and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre on January 02, 2023.
The company has established itself in three verticals, namely Consulting – Regulatory | Sustainability, Technology – Execution | Info Tech, and Research – Policy | Engineering, all of which are part of the overall plan and strategy of growth and development of the company’s footprint as well as future expansion.
Techknowgreen Solutions IPO Date & Price Band Details
| IPO Open: | September 18, 2023 |
| IPO Close: | September 21, 2023 |
| IPO Size: | Approx ₹16.72 Crores, 1,944,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹86 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
Techknowgreen Solutions IPO Market Lot
The Techknowgreen Solutions IPO minimum market lot is 1600 shares with a ₹137,600 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹137,600 |
| Retail Maximum | 1 | 1600 | ₹144,000 |
| S-HNI Minimum | 2 | 3200 | ₹275,200 |
Objects of the Issue:
- Investment in research and development (“R&D”) initiatives which includes hiring of experienced R&D resources and purchase of equipment to support R&D initiatives.
- Investment in office Premises.
- Refurbishment of new office premises and purchase of office equipment.
- Expansion of our execution and support service teams including hiring of resources with expertise in environmental consulting.
- Repayment of Bank facilities.
- General Corporate purposes.
Techknowgreen Solutions IPO Review
- To be updated soon
Techknowgreen Solutions IPO Dates
The Techknowgreen Solutions IPO date is September 18 and the IPO close date is September 21. The IPO allotment date is September 26 and the IPO might list on September 29.
| IPO Open Date: | September 18, 2023 |
| IPO Close Date: | September 21, 2023 |
| Basis of Allotment: | September 26, 2023 |
| Refunds: | September 27, 2023 |
| Credit to Demat Account: | September 28, 2023 |
| IPO Listing Date: | September 29, 2023 |
Techknowgreen Solutions IPO Form
How to apply Techknowgreen Solutions IPO? –> You can apply for Techknowgreen Solutions IPO using ASBA from your bank account. Simply go in to your online bank and apply through your bank account by selecting the Techknowgreen Solutions IPO in the Invest section. Another alternative is to apply for Techknowgreen Solutions IPO using IPO forms downloaded from the BSE website.
Techknowgreen Solutions Company Financial Report
| Year(₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹7.85. | ₹7.34 | ₹0.37 |
| 2022 | ₹9.99. | ₹8.48 | ₹1.08 |
| 2023 | ₹14.86 | ₹8.61 | ₹4.51 |
Techknowgreen Solutions IPO Valuation – FY2023
Check Techknowgreen Solutions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹8.86 per Equity Share |
| Price/Earning P/E Ratio: | 9.71 |
| Return on Net Worth (RoNW): | 71.24% |
| Net Asset Value (NAV): | ₹12.43 per Equity Share |
Peer Group
- NA
Techknowgreen Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Company Address
Techknowgreen Solutions Limited
Flat-202, Hem Opal Apartment,
Plot No. 26, Ekta Park Society,
Wakdewadi Pune – 411003
Phone: +91 9607002553
Email: [email protected]
Website: http://www.techknowgreen.com
Company Promoters
- Mr. Ajay Ramakant Ojha
- Mr. Prasad Rangrao Pawar
Techknowgreen Solutions IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd
Techknowgreen Solutions IPO FAQs:
Q1. What is Techknowgreen Solutions IPO?
Ans. Techknowgreen Solutions IPO is an BSE SME IPO. They are going to raise ₹16.72 Crores via IPO. The issue is priced at ₹86 per equity share. The IPO is to be listed on BSE.
Q2. When Techknowgreen Solutions IPO will open?
Ans. The IPO is to open on September 18, 2023 for QIB, NII, and Retail Investors.
Q3. What is Techknowgreen Solutions IPO Investors Portion?
Ans. The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
Q4. How to Apply the Techknowgreen Solutions IPO?
Ans. You can apply Techknowgreen Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Techknowgreen Solutions IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Techknowgreen Solutions”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Techknowgreen Solutions IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Techknowgreen Solutions”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Techknowgreen Solutions IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Techknowgreen Solutions”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Techknowgreen Solutions IPO Size?
Ans. Techknowgreen Solutions IPO size is ₹16.72 crores.
Q9. What is Techknowgreen Solutions IPO Price Band?
Ans. Techknowgreen Solutions IPO Price Band is ₹86 per equity share.
Q10. What is Techknowgreen Solutions IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1600 shares with ₹137,600.
Q11. What is Techknowgreen Solutions IPO Allotment Date?
Ans. Techknowgreen Solutions IPO allotment date is September 26, 2023.
Q12. What is Techknowgreen Solutions IPO Listing Date?
Ans. Techknowgreen Solutions IPO listing date is September 29, 2023. The IPO to list on BSE SME.
