Times Green Energy (India) Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

16 Jun 2021

Close Date

22 Jun 2021

Allotment

25 Jun 2021

Listing Date

30 Jun 2021

Exchange

BSE SME

Price Band

₹61

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹61

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

6,64,000 shares (aggregating up to ₹4.05 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹122,000

1 lot

Pre-IPO Holding

10,00,000 shares

Promoters

Post-IPO Holding

16,64,000 shares

Promoters

UPI Deadline

2021-06-22

Mandate

Anchor AllotmentTue, 15 Jun 2021

Basis of AllotmentFri, 25 Jun 2021

Refund InitiationMon, 28 Jun 2021

Demat CreditTue, 29 Jun 2021

Listing DayWed, 30 Jun 2021

UPI Mandate Deadline2021-06-22

Sale TypeFresh Capital

Net Offer to Public6,24,000 shares (aggregating up to ₹3.81 Cr)

Market Maker Quota40,000 shares (aggregating up to ₹0.2440 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Times Green Energy (India) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Jun 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	40,000	—	₹0.24
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	664,000	100%	₹4.05

IPO Shares Offered

Times Green Energy (India) Ltd. IPO total issue size: ₹4.05 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	40,000	₹0.24	6.02%
Total	664,000	₹4.05	100.00%

* Based on upper price band ₹61 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹61.00

Upper Band

Min Investment

₹122,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹244,000
Retail (Max — 13 Lots)	13	26,000	₹1,586,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,708,000
B-HNI (Min — 68 Lots)	68	136,000	₹8,296,000

* Issue Price ₹61 × Lot Size 2,000 shares

IPO Schedule

Anchor

15 Jun 2021

✓ Done

IPO Open

16 Jun 2021

✓ Done

IPO Close

22 Jun 2021

✓ Done

Allotment

25 Jun 2021

✓ Done

Refunds

28 Jun 2021

✓ Done

Demat Credit

29 Jun 2021

✓ Done

Listing Day

30 Jun 2021

✓ Done

₹61.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹61.00 Live Price

About Times Green Energy (India) Ltd.

Incorporated in 2010, Times Green Energy (India) Limited is engaged in the farming and selling activities of agriculture produce and trading of natural organic products, bioproducts, and pesticides. The company operates in two business segments; Agro-Business (distribution of agro products and agrochemicals including organic bio-products) and Women Hygiene and Safety (distribution of Sanitary Napkins).Recently, in Sep 2020, it has launched an app, Bharatbazaar (Kisaan to Kitchen) to sell 1000+ products including cooking essentials, dairy products, branded foods, and sanitary napkins in and around Hyderabad.Competitive strengthsStrong distribution network in Southern India.Large product portfolio.Experienced management team.

Objects of the Issue

1 Funding Working Capital Requirement

2 Funding Purchase and Set-up of Registered Office

3 Funding Purchase of Vehicle and ERP Package

4 Funding Setting up of Sanitary Napkin SBUs

5 To fund expenditure for General Corporate Purposes

Times Green Energy (India) Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹1,515.5

31-Mar-19

₹1,514.7

31-Mar-20

₹122.0

30-June-20

Profit After Tax (PAT)

₹9.8

31-Mar-19

₹12.3

31-Mar-20

₹4.2

30-June-20

Particulars	30-June-20	31-Mar-20	31-Mar-19
Revenue from Operations	122.00	1514.72	1515.51
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	4.24	12.34	9.77
Net Worth	N/A	N/A	N/A
Total Assets	452.64	371.95	242.08
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered6,64,000 (100.00%)

Net Offer to Public6,24,000 shares (aggregating up to ₹3.81 Cr)

Reserved for Market Maker40,000 shares (aggregating up to ₹0.2440 Cr)

Pre-Issue Promoter Holding10,00,000 shares

Post-Issue Promoter Holding16,64,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Aryaman Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Times Green Energy (India) Ltd. IPO subscribed? ▲

Times Green Energy (India) Ltd. IPO is subscribed 1.00 times by Jun 22, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Times Green Energy (India) Ltd. IPO retail subscription status? ▼

The Times Green Energy (India) Ltd. IPO retail category is subscribed 1.00 times as of 22 Jun 2021. The retail portion is oversubscribed.

How to subscribe Times Green Energy (India) Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 Jun 2021 and closes 22 Jun 2021. Min investment: ₹122,000 (1 lot = 2,000 shares). UPI mandate: 2021-06-22.

How many times Times Green Energy (India) Ltd. IPO subscribed? ▼

The Times Green Energy (India) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Times Green Energy (India) Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Jun 2021. Refunds: on 28 Jun 2021.

When Times Green Energy (India) Ltd. IPO will be listed? ▼

The Times Green Energy (India) Ltd. IPO listing date is 30 Jun 2021, Wednesday. Listed on: BSE SME. Issue price: ₹61. Estimated listing: ₹61. GMP: NIL.

When Times Green Energy (India) Ltd. IPO close? ▼

The Times Green Energy (India) Ltd. IPO closes on 22 Jun 2021, Tuesday. UPI mandate: 2021-06-22. Allotment: 25 Jun 2021. Listing: 30 Jun 2021.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹61.00

Change—

Issue Price₹61.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹61

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹122,000

GMPNIL

Est. Listing₹61

Subscribed1.00x

Open Date16 Jun 2021

Close Date22 Jun 2021

Allotment25 Jun 2021

Listing Date30 Jun 2021

ExchangeBSE SME

UPI Deadline2021-06-22