BikeWo GreenTech IPO

BikeWo GreenTech Limited IPO offers 38,86,000 shares worth ₹24.09 cr to fund EV purchases, new dealerships, debt repayment, and corporate purposes.

Important Details

Open Date : September 20, 2024 Close Date : September 24, 2024 Allotment Date: September 24, 2024 Listing Date: September 27, 2024

Important Details

IPO Price: INR 59-62 per share Lot Size: 2000 Shares Total Issue Size: INR 24.09 crores

Fundamental Analysis

Bikewo GreenTech IPO shows mixed performance: 1. Performance: Mixed results. 2. Revenue: Steady growth. 3. Profitability: Improved earnings per share. 4. Equity & Assets: Increased, showing business growth. 5. Liquidity: Stronger current ratio.

Peer Comparison

Uniqueness: No listed companies in India operate in all aspects of BikeWo GreenTech Limited's business. Comparison: Industry comparison is not possible.

Objective

Objective: Fund electric two-wheeler purchases. Capital Expenditure: Open 11 new dealership stores. Debt Management: Prepay or repay existing borrowings.

Risks And Challenges

Bikewo GreenTech IPO  Risks: 1. Forecasting: Difficulties predicting market trends. 2. Competition: Intense pressures. 3. Brand Management: Challenges in perception. 4. Market Adaptation: Issues with changes. 5. Retention: Potential customer or dealer retention problems.