Techknowgreen Solutions IPO GMP Details
Techknowgreen Solutions Limited, Incorporated in 2001, formerly known as Techno Green Environmental Solutions, specializes in providing environmental consulting services. Techknowgreen Solutions stands as a pioneer in India, offering environmental IT solutions through software applications and compliance solutions.
The company operates within three primary verticals:
- Consulting: This encompasses a wide range of services, including environmental impact assessments, sustainability reporting, and climatology. It also covers environmental compliance services, due diligence processes such as site assessments, chemical analysis, and remediation. The consulting segment extends to the design and development of various environmental facilities like Sewage Treatment Plants (STP), Effluent Treatment Plants (ETP), Water Treatment Plants (WTP), Solid Waste Management (SWM), and solutions for air pollution control in urban areas. Additionally, Techknowgreen provides expertise in Hazardous Waste Management (HWM), Extended Producer Responsibility (EPR), and Renewables. Training, sensitization, and environmental crime investigation are also part of this vertical.
- Infor Tech: This division focuses on various aspects, including wastewater management (STP, ETP, Zero Liquid Discharge – ZLD), air quality improvement through innovative products like YUKA Yantra for indoor air purification and virtual chimney for ambient air purification. It also involves solid waste management solutions like BIOGAS and organic composters. Techknowgreen’s Infor Tech vertical extends to software development, offering tools such as KYC (Know Your Compliance) and an Intelligent Decision Support System (IDSS). Applications like ROCO footprint, E-catalyst, and mass plantation applications for MPCB, as well as IoT solutions for data communication interfaces and software, are part of this segment. “
- Research Policy and Engineering: This facet of Techknowgreen’s operations encompasses several key areas, including Carbon Capture, Storage, and Utilization (CCUS), modeling Blue Carbon, Carbon sink analysis, Carbon and methane neutrality, Climate resilience studies, Wastewater trading systems, circular economic wetland technology, Advanced Oxidation Processes (AOP), nature-based solutions (NBS), environmental surveillance, Compliance monitoring, Big data analytics, Cost and health benefit analysis (CBA), analysis of Alternatives, and policy screening.
Techknowgreen serves a diverse clientele, including government bodies, semi-government organizations, multinational corporations (MNCs), large companies, mid-sized enterprises, and micro, small, and medium-sized enterprises (MSMEs).
Techknowgreen Solutions Limited
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Allotment Date*
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* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.
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Objects of the Issue
The company plans to use the Net Proceeds from the Fresh Issue for the following purposes:
- Investment in research and development (R&D) initiatives, including hiring experienced R&D resources and purchasing equipment to support R&D projects.
- Investment in office premises.
- Refurbishment of new office premises and acquisition of office equipment.
- Expansion of execution and support service teams, including hiring resources with expertise in environmental consulting.
- Repayment of bank facilities.
- General corporate purposes.
Techknowgreen Solutions IPO Details
Techknowgreen Solutions IPO is a Fixed Price Offering. The total issue size of the IPO is ₹16.72 Crores, with each share priced at ₹86. The IPO is scheduled to be listed on BSE SME.
| IPO Date | September 18, 2023 to September 21, 2023 |
| Listing Date | September 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹86 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 1,944,000 shares (aggregating up to ₹16.72 Cr) |
| Fresh Issue | 1,944,000 shares (aggregating up to ₹16.72 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,438,730 |
| Share holding post issue | 7,382,730 |
| Market Maker portion | 97,600 shares Alacrity Securities |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Techknowgreen Solutions IPO Reservation
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Techknowgreen Solutions IPO Lot Size
The minimum lot size for the Techknowgreen Solutions IPO is 1600 shares, requiring an investment of ₹137,600.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹137,600 |
| Retail (Max) | 1 | 1600 | ₹137,600 |
| HNI (Min) | 2 | 3,200 | ₹275,200 |
Techknowgreen Solutions IPO Dates
Techknowgreen Solutions IPO opens on September 18, 2023, and closes on September 21, 2023.
| IPO Open Date | Monday, September 18, 2023 |
| IPO Close Date | Thursday, September 21, 2023 |
| Basis of Allotment | Tuesday, September 26, 2023 |
| Initiation of Refunds | Wednesday, September 27, 2023 |
| Credit of Shares to Demat | Thursday, September 28, 2023 |
| Listing Date | Friday, September 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 21, 2023 |
Techknowgreen Solutions Limited Financial Report
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,181.75 | 953.94 | 1,237.25 |
| Revenue | 785.27 | 999.09 | 1,486.28 |
| Profit After Tax | 37.17 | 108.18 | 451.38 |
| Net Worth | 296.43 | 355.86 | 633.63 |
| Reserves and Surplus | -213.20 | -153.76 | 124.00 |
| Total Borrowing | 450.71 | 285.86 | 287.40 |
Key Performance Indicator of Techknowgreen Solutions Ltd
| KPI | Values |
|---|---|
| P/E (x) | 9.71 |
| ROE | 88.57% |
| ROCE | 98.74% |
| Debt/Equity | 0.45 |
| EPS (Rs) | 8.86 |
| RoNW | 71.24% |
Techknowgreen Solutions IPO Promoter Holding
Mr. Ajay Ramakant Ojha and Mr. Prasad Rangrao Pawar are the company’s promoters.
| Pre Issue Share Holding | 89.02% |
| Post Issue Share Holding | 65.58% |
Techknowgreen Solutions Contact Information
Techknowgreen Solutions Limited
Flat-202, Hem Opal Apartment,
Plot No. 26, Ekta Park Society,
Wakdewadi Pune – 411003
Phone: +91 9607002553
Email: cs@techknowgreen.com
Website: http://www.techknowgreen.com/index.php
Techknowgreen Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Techknowgreen Solutions IPO FAQs
What is the Techknowgreen Solutions IPO?
Techknowgreen Solutions IPO is a Small and Medium Enterprises (SME) IPO consisting of 1,944,000 equity shares with a face value of ₹10, amounting to a total of ₹16.72 Crores. The IPO is priced at ₹86 per share. The minimum order quantity is 1600 shares. The IPO subscription period is from September 18, 2023, to September 21, 2023. Bigshare Services Pvt Ltd is the registrar for this IPO.
The shares are intended to be listed on BSE SME.
How can I apply for Techknowgreen Solutions IPO through Zerodha?
Zerodha customers can apply for Techknowgreen Solutions IPO online using the UPI payment gateway. To do so, log in to the Zerodha Console (back office) and submit the IPO application form.
Here are the steps to apply for Techknowgreen Solutions IPO through Zerodha:
1. Visit the Zerodha website and log in to Console.
2. Go to the Portfolio section and click on the IPOs link.
3. Find the ‘Techknowgreen Solutions IPO’ row and click on the ‘Bid’ button.
4. Enter your UPI ID, quantity of shares, and the price.
5. Submit the IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.
When does the Techknowgreen Solutions IPO open?
The Techknowgreen Solutions IPO opens on September 18, 2023, and closes on September 21, 2023.
What is the lot size of Techknowgreen Solutions IPO?
The lot size for Techknowgreen Solutions IPO is 1600 shares, and the minimum investment required is ₹137,600.
How can I apply for Techknowgreen Solutions IPO?
You can apply for Techknowgreen Solutions IPO online using either UPI or ASBA as the payment method. ASBA IPO application is available in your bank’s net banking platform. UPI IPO application is offered by brokers who do not provide banking services. You can find more details on how to apply for IPOs online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will the Techknowgreen Solutions IPO allotment take place?
The finalization of the Basis of Allotment for Techknowgreen Solutions IPO is scheduled for Tuesday, September 26, 2023. The allotted shares will be credited to your demat account by Thursday, September 28, 2023. You can check the Techknowgreen Solutions IPO allotment status.
When is the Techknowgreen Solutions IPO listing date?
The listing date for the Techknowgreen Solutions IPO has not been announced yet. The tentative date for the listing is Friday, September 29, 2023.
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