BikeWo GreenTech IPO Allotment Status

Summary

BikeWo GreenTech IPO has received an overwhelming response from investors, closing with an impressive subscription of 41.82 times by 24th September 2024 at 5:11:59 PM (Day 3). The public issue witnessed substantial demand across all investor categories. The Retail Investors category led the charge, with a subscription of 61.04 times. The Qualified Institutional Buyers (QIB) portion demonstrated strong engagement, subscribing 43.03 times. The Non-Institutional Investors (NII) segment was subscribed 22.48 times.

The Market Maker portion was fully subscribed. This exceptional response across all categories underscores the positive market sentiment towards BikeWo GreenTech's offering and suggests optimistic investor expectations for the company's future performance.

How to Check BikeWo GreenTech IPO Allotment Status:

How do you Check BikeWo GreenTech IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Bigshare Services Pvt Ltd (https://www.bigshareonline.com/ipo_Allotment.html)

Step 2: From the selection menu, choose BikeWo GreenTech IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check BikeWo GreenTech IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the BikeWo GreenTech IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "BikeWo GreenTech Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

BikeWo GreenTech IPO Timeline:

BikeWo GreenTech IPO Subscription Status

BikeWo GreenTech IPO received 41.82 subscriptions. By 24th September 2024 at 5:11:59 PM (Day 3), the public issue had been subscribed 61.04 times in the retail category, 43.03 times in the QIB category, and 22.48 times in the NII category.

Subscription Day 3 (as of 5:11:59 PM)
Total Subscription: 41.82 times
QIB: 43.03 times
NII: 22.48 times
Retail investors: 61.04 times
 

Subscription Day 2
Total Subscription: 9.69 times
QIB: 1.00 times
NII: 2.75 times
Retail investors: 17.57 times
 

Subscription Day 1
Total Subscription: 1.28 times
QIB: 0.00 times
NII: 0.34 times
Retail investors: 2.36 times
 

BikeWo GreenTech IPO Details 

BikeWo GreenTech's initial public offering (IPO) is a book built issue amounting to ₹24.09 crores. This offering consists of a fresh issue of 38.86 lakh shares.

The bidding process for the BikeWo GreenTech IPO commenced on 20th September 2024 and concluded on 24th September 2024. The allotment results for this IPO are anticipated to be finalised on 25th September 2024. Furthermore, the shares of BikeWo GreenTech are set to be listed on the NSE SME, with a provisional listing date scheduled for 27th September 2024.

The BikeWo GreenTech IPO price band has been established between ₹59 and ₹62 per share. Investors must apply for a minimum lot size of 2000 shares, which requires a minimum investment of ₹124,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (4,000 shares), totalling ₹248,000.

Khandwala Securities Limited is the book-running lead manager for the BikeWo GreenTech IPO, and Bigshare Services Pvt Ltd is designated as the registrar.