Techknowgreen Solutions IPO GMP, review, Price, Date, Allotment

Techknowgreen Solutions ipo Review: Techknowgreen Solutions is coming up with its Initial Public Offering

Techknowgreen Solutions IPO
Techknowgreen Solutions IPO

Techknowgreen Solutions IPO- About The Company

 

Techknowgreen Solutions Limited, previously known as Techno Green Environmental Solutions, provides environmental consulting services.

The key offerings include Consulting – Regulatory | Sustainability, Technology – Execution | Info Tech and Research – Policy | Engineering.

Techknowgreen Solutions is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions.

The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Our client base includes government, semi government organization, MNCs, large companies, mid-size companies and MSMEs.  for more details visit – http://sebi.com

Object Of The Issue

 

  • Investment in research and development (“R&D”) initiatives with 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’s.
  • Expansion of company’s execution and support service teams including hiring of resources with expertise in environmental consulting.
  • Repayment of Bank facilities.
  • General Corporate Purposes.

 

Techknowgreen Solutions Financial Performance

  FY 2021 FY 2022 FY 2023
Revenue 7.81 9.87 14.84
Expenses 7.34 8.48 8.62
Net income 0.37 1.08 4.51

Figures in INR crore 

 

Techknowgreen Solutions Valuations & Margins

 

FY 2021 FY 2022 FY 2023
EPS 0.73 2.12 8.86
PE ratio 9.71
RONW (%) 12.54 30.40 71.40
NAV 5.82 6.98 12.43
ROCE (%) 15.0 26.0 99.0
EBITDA (%) 14.98 20.77 44.07
Debt/Equity 0.73 0.39 0.45

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Techknowgreen Solutions ipo – strengths 

  • Established and proven track record;
  • Leveraging the experience of company’s Promoters;
  • Cordial relations with their customers;
  • Focus on consistently meeting quality standards.
  • Increase Brand Awareness.
  • Strategic Alliance Opportunities.

Techknowgreen Solutions IPO Details

Techknowgreen Solutions IPO Dates 18 – 21 September 2023
Techknowgreen Solutions Issue Price INR 86 Per share
Fresh issue 19,44,000 shares (INR 16.72 crores)
Offer For Sale NIL
Total IPO size 19,44,000 shares (INR 16.72 crores)
Minimum bid (lot size) 1,600 shares (INR 137,600)
Face Value INR 10 per share
Retail Allocation 50%

 

Techknowgreen Solutions IPO – Date Schedule

 

IPO Opening Date 18 September 2023
IPO Closing Date 21 September 2023
Finalization of Basis of Allotment 26 September 2023
Initiation of refunds 27 September 2023
Transfer of shares to demat accounts 28 September 2023
IPO Listing Date 29 September 2023

 

Techknowgreen Solutions IPO GMP Today

 

Date Ipo gmp  Kostak Subject to Sauda
Coming soon

Techknowgreen Solutions IPO Allotment Status

Techknowgreen Solutions IPO allotment statuswill be available on Bigshare Services’ website. Click on this link to get allotment status.

 

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