IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Techknowgreen Solutions IPO is a book build IPO listing on BSE SME exchange. The company is based in Pune and caters to ESG sector. Indorient Financial Services is the merchant banker of Techknowgreen Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th July 2023.
Techknowgreen Solutions IPO open date is 18th September 2023 and close date is 21st September 2023. IPO Allotment Date is 26th September 2023 and Listing date is 27th September 2023.Techknowgreen Solutions IPO size is Rs 16.72 Cr. crores with IPO price of Rs 86.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Indorient Financial Services Limited is the book-running lead manager of the Techknowgreen Solutions IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Alacrity Securities Limited for Techknowgreen Solutions IPO.
Techknowgreen Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Techknowgreen Solutions IPO, based in Pune, operates in the ESG sector with a focus on environmental consulting company. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Techknowgreen Solutions IPO size is ₹ 16.72 Cr. Crores with fresh issue size of Rs 16.72 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Techknowgreen Solutions IPO is expected to be 26th September 2023, after the finalization of basis of allotment. Investors can check Techknowgreen Solutions IPO allotment status on the registrars website, Bigshare Services Private Limited. Techknowgreen Solutions IPO refund dates are 27th September 2023.
Techknowgreen Solutions IPO is expected to be listed on 27th September 2023.
The upper price band for the Techknowgreen Solutions IPO is set at ₹ 86.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Techknowgreen Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Techknowgreen Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st September 2023. After submission, funds are blocked until the basis of allotment of Techknowgreen Solutions IPO is finalised.
The merchant banker for Techknowgreen Solutions IPO is Indorient Financial Services Limited . Indorient Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Techknowgreen Solutions IPO RHP for further details.
The registrar for Techknowgreen Solutions IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Techknowgreen Solutions IPO through their official website or helpline.
Techknowgreen Solutions IPO was subscribed 12.98 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.72 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.85 Cr.
Sector: ESG
SME IPO so far:
2
Merchant Banker:
Indorient Financial
SME IPO by BRLM so far:
47
City:
Pune
SME IPO so far:
36
Revenue (annualised):
₹ 14.83 cr.
PE
Ratio:
14.08x
Average Sector PE Ratio: 26.05x
Techknowgreen Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Techknowgreen Solutions Financial Review Page
Merchant Banker(s) of Techknowgreen Solutions IPO: Indorient Financial Services Limited
Techknowgreen Solutions IPO subscription was 12.98 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Techknowgreen Solutions IPO listed at a listing price of 93.50 against the offer price of 86.00.
The current market price of Techknowgreen Solutions is 167.00.
Why Us?
