Stay updated with the latest on BikeWo GreenTech IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
BikeWo GreenTech IPO GMP Overview
- IPO Open Date: September 18, 2024
- IPO Close Date: September 20, 2024
- Price Band: ₹59 to ₹62 per share
- Issue Size: ₹24.09 Crores
- Listing Date: September 25, 2024
- Lot Size: Minimum 2000 shares(₹124,000)
BikeWo GreenTech IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 27, 2024 | ₹7 (11%) |
| September 26, 2024 | ₹7 (11%) |
| September 25, 2024 | ₹7 (11%) |
| September 24, 2024 | ₹20 (32%) |
| September 23, 2024 | ₹15 (24%) |
| September 22, 2024 | ₹15 (24%) |
| September 21, 2024 | ₹15 (24%) |
| September 20, 2024 | ₹10 (16%) |
| September 19, 2024 | ₹10 (16%) |
| September 18, 2024 | ₹10 (16%) |
| September 17, 2024 | ₹10 (16%) |
| September 16, 2024 | ₹10 (16%) |
| September 15, 2024 | ₹- |
| September 14, 2024 | ₹- |
| September 13, 2024 | ₹- |
| September 12, 2024 | ₹- |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 18, 2024 |
| IPO Close Date | September 20, 2024 |
| Basis of Allotment | September 23, 2024 |
| Refunds | September 24, 2024 |
| Credit to Demat Account | September 24, 2024 |
| IPO Listing Date | September 25, 2024 |
About BikeWo GreenTech
BikeWo Green Tech Limited is a leading two-wheeler retailer in India and began its operations in 2016. Since then, the company has maintained steady revenue from its activities. Initially, the company was engaged in buying and selling used four-wheelers through authorized dealers of renowned automobile brands. Over time, BikeWo Green Tech has developed a comprehensive network that covers every aspect of automobile transactions. This includes searching for vehicles, determining prices, booking, certifying, purchasing, financing, and delivering vehicles to customers’ doorsteps.
Furthermore, BikeWo Green Tech acts as an intermediary between new car dealers and their used car lots, supplying used cars for sale and earning a margin on each transaction. Their business model focuses on establishing a dealership chain in Tier-II and Tier-III cities.
Currently, the company offers three types of dealerships: State Dealership, Diamond Dealership, and Platinum Dealership. They prioritize strengthening their presence in established markets such as Telangana, Andhra Pradesh, Tamil Nadu, Maharashtra, and Gujarat. Consequently, BikeWo Green Tech plans to deepen its network in these regions while also gradually expanding into Rajasthan, Kerala, Karnataka, and West Bengal as part of their cluster-focused expansion strategy.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (BikeWo GreenTech IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
For the latest news on Upcoming IPOs and IPO GMP, follow IPOGMP.IN. Additionally, connect with us on Twitter, Facebook, and Instagram.
