Techknowgreen Solutions IPO, Date, Price, GMP, Lot Size, Review

On September 18, 2023, subscriptions for Techknowgreen Solutions IPO open, and they end on September 21, 2023. On Tuesday, September 26, 2023, the Techknowgreen Solutions IPO’s allocation is anticipated to be completed. The proposed offering date for Techknowgreen Solutions Initial Public Offering, which will list on the BSE SME, is set for Friday, September 29, 2023.

The fixed price issue for Techknowgreen Solutions is worth Rs 16.72 crores. 19.44 lakh shares are being issued totally as new shares.

The share price for Techknowgreen Solutions Limited IPO is 86. 1600 Shares are the bare minimum lot size for an application. Retail investors are required to make an investment of at least 137,600. For HNI, 2 lots (3,200 shares), or a minimum investment of 275,200, are the required minimum lot size.

Techknowgreen Solutions IPO

The Techknowgreen Solutions IPO’s book-running lead manager is Indorient Financial Services Ltd, and the issue’s registrar is Bigshare Services Pvt Ltd. Alacrity Securities is the market maker for the IPO of Techknowgreen Solutions.


Techknowgreen Solutions IPO Overview

Techknowgreen Solutions Limited Company Overview
Company Name Techknowgreen Solutions
IPO Opening Date 18 September, 2023
IPO Closing Date 21 September, 2023
Face Value Rupees 10 Per Share
Share Price Range 86 Rs Per Share
Lot Size 1600 Shares
Total IPO Issue Size 1,944,000 Shares
Fresh Issue Size 1,944,000 Shares
IPO Listing At BSE SME
Share Holding Pre Issue 5,438,730
Share Holding Post Issue 7,382,730


Techknowgreen Solutions IPO Lot Size

IPO Lot Size
Minimum Retail Applications 01 Lot
Maximum Retail Applications 01 Lot
Minimum HNI Applications 02 Lots
Total Shares In Single Lot 1600
Amount For Single Lot 1137,600


Techknowgreen Solutions IPO Time Table (Tentative)

IPO Time Table Complete Details
IPO Initiation Date 18 September, 2023
IPO Ending Date 21 September, 2023
Basis Of Allotment 26 September, 2023
Initiation Of Refund 27 September, 2023
Shares Credit To Demat Account 28 September, 2023
Date Of Listing 29 September, 2023
Cut Off Time For UPI Mandate Confirmation 21 September, 2023 (5 PM)


Techknowgreen Solutions IPO Reservation Details

IPO Reservation Overview
Shares Offered To Retailers 50% Of Net Offer
Shares Offered To HNI 50% Of Net Offer


Techknowgreen Solutions Company Financials

Techknowgreen Solutions Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 1,486.28
Assets 1,237.25
Profit After Tax 451.38
Net Worth 633.63
Reserves And Surplus 124.00
Debt 287.40


Is Techknowgreen Solutions IPO Good Or Bad To Buy?

The business provides consulting and related services pertaining to environmental challenges. For the given periods, it showed an increase in both its top and bottom lines. The performance in FY23 is a result of the transition away from servicing operations and toward consulting activity.

The exceptional FY23 results are the basis for the IPO’s complete pricing. This first-runner company is the sector that has promising future potential, so investors may lodge assets there for the medium- to long-term benefits.


What Is The Objective Of Techknowgreen Solutions IPO Issue?

There are six main points or objectives for Techknowgreen solutions limited IPO :-

  • The acquisition of equipment to assist research and development (or “R&D”) projects as well as the hire of qualified R&D personnel.
  • Expansion of our service teams for execution and support, including the appointment of personnel with experience in environmental consulting.
  • Payment of back loans from the bank.
  • Purchase of office space.
  • Renovation of a new office space and acquisition of office supplies.
  • Broader corporate objectives.


How To Apply For Techknowgreen Solutions IPO?

By using your broker, you can apply to Techknowgreen Solutions by following the instructions below:-

  • Open a Demat account and log in.
  • Select the Initial Public Offerings (IPO) section.
  • Select IPOs That Are Open Right Now.
  • Tap Master Components now.
  • Fill out the form, then submit it.

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