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Issue Open Date
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20-Sep-24
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Issue Closing Date
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24-Sep-24
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Application Money
|
100
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Allotment Money
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Price Band
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59
-
62
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Minimium Application No.
|
2000
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Issue Size (Shares)
|
3886000
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Market Lot
|
1.00
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Objective
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1. Funding purchase of electric two wheeler vehicles for selling and supplying the same to our new and existing dealers;2. Funding capital expenditure proposed to be incurred towards setting up of eleven dealership stores in various states in India;3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company; and4. General Corporate Purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
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Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
|
39590000
|
NA
|
|
Qualified Institutional Buyers
|
|
8004000
|
NA
|
|
Retail Individual Investors
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|
107200000
|
NA
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Business Description
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| We are an electric two wheeler retailer in India. We commenced our business operations in 2016 and our revenue fromoperations have been steady since then. Our Company since its incorporation had been engaged in the business of buyingand selling of used four wh |
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more... |
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Promoter's Holding
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|
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Total Share Capital
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8149975
|
|
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Offered to Public
|
3886000
|
|
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Promoter's Holding (Pre-Issue)
|
89
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Promoter's Holding (Post-Issue)
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62.48
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Address |
Plot No. 502 B
Amara Jyothi
Road No. 31
Jubilee Hills
Hyderabad
,
Telangana
,
500033
Phone:
0812-1007731
Email:
info@bikewo.in
Website:
www.bikewo.in
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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NSE
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Lead Manager |
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Khandwala Securities Ltd
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Promoters |
Katepalli Manideep
Manvi Talwar
N Vidhya Sagar Reddy
Satyapoorna Chander Yalamanchili
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