Techknowgreen Solutions IPO Details ( Techknowgreen Solutions Limited IPO Review )
(18 Sep 2023 – 21 Sep 2023)
Techknowgreen Solutions Limited, established in 2001, formerly known as Techno Green Environmental Solutions, specializes in environmental consulting services. We’re proud to be one of the pioneers in India offering environmental IT solutions through software applications and compliance solutions.
Our company operates in three main areas:
- Consulting: We provide a range of services, including environmental impact assessments, sustainability reporting, climatology, environmental compliance, due diligence (site assessment, chemical analysis, remediation), DPR and designing (STP, ETP, WTP, SWM, air pollution control, HWM, EPR, Renewables), training and sensitization, and environmental crime investigation.
- Infor Tech: This segment covers wastewater management (STP, ETP, Zero Liquid Discharge), air quality solutions (such as YUKA Yantra for indoor air quality and virtual chimney for ambient air purification), solid waste management (BIOGAS, organic composting), remediation (soil decontamination, hazardous waste), information technology services (software development, KYC, Intelligent Decision Support System), applications (ROCO footprint, E-catalyst, mass plantation applications for MPCB), and IoT solutions for data communication interfaces.
- Research Policy and Engineering: We focus on cutting-edge research in areas like carbon capture, storage, and utilization (CCUS), modeling Blue Carbon, carbon sink and methane neutrality, climate resilience, wastewater trading, circular economic wetland technology, advanced oxidation processes (AOP), nature-based solutions, environmental surveillance, compliance monitoring, big data analysis, cost and health benefit analysis, and policy screening.
Techknowgreen serves a diverse clientele, including government agencies, semi-government organizations, multinational corporations, large enterprises, mid-sized companies, and MSMEs. We are committed to providing environmentally sound solutions to meet the unique needs of each client.
Techknowgreen Solutions Limited IPO Competitive Strength
- Robust Execution Capabilities
- Across Multiple Sectors
- Many Innovative Executions
- Strong Team Experience
Techknowgreen Solutions IPO Financials Performance ( Results )
Techknowgreen Solutions Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 1,181.75 | 785.27 | 37.17 | 0.73 | 296.43 | 5.82 | -213.20 | 450.71 |
| 31-Mar-22 | 953.94 | 999.09 | 108.18 | 2.12 | 355.86 | 6.98 | -153.76 | 285.86 |
| 31-Mar-23 | 1,237.25 | 1,486.28 | 451.38 | 8.86 | 633.63 | 12.43 | 124.00 | 287.40 |
Objective of IPO Issue
- Investment in research and development (“R&D”) initiatives which includes hiring of experienced R&D resources and purchase of equipment to support R&D initiatives.
- Investment in office Premises.
- Refurbishment of new office premises and purchase of office equipment.
- Expansion of our execution and support service teams including hiring of resources with expertise in environmental consulting.
- Repayment of Bank facilities.
- General Corporate purposes.
Techknowgreen Solutions IPO Basic Details
| IPO Date | Sep 18, 2023 to Sep 21, 2023 |
| Listing Date | Friday, September 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹86 per share |
| Lot Size | 1600 Shares |
| Issue Size | 1,944,000 shares of ₹10 (aggregating up to ₹16.72 Cr) |
| Fresh Issue | 1,944,000 shares of ₹10 (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 |
| Company Promoters | Mr. Ajay Ramakant Ojha and Mr. Prasad Rangrao Pawar |
Techknowgreen Solutions IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Techknowgreen IPO Timetable
Techknowgreen IPO will open on September 18, 2023 and close on September 21, 2023. You can join Techknowgreen IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 18 September 2023 (Monday) |
| Closing Date | 21 September 2023 (Thursday) |
| Basis of Allotment | 26 September 2023 (Tuesday) |
| Initiation of Refunds | 27 September 2023 (Wednesday) |
| Credit of Shares to Demat | 28 September 2023 (Thursday) |
| Listing Date | 29 September 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 21 September 2023 |
Techknowgreen IPO Lot Size
For retail investors in Techknowgreen IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹137,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹137,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹137,600 |
| Retail (Max) | 1 | 1600 | ₹137,600 |
| S-HNI (Min) | 2 | 3200 | ₹275,200 |
Techknowgreen Solutions IPO Promoter Holding
The company’s promoters include Mr. Ajay Ramakant Ojha and Mr. Prasad Rangrao Pawar.
| Pre Issue Share Holding | 89.02% |
| Post Issue Share Holding | 65.58% |
Techknowgreen Solutions Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 63.49 |
| Earning Per Share (EPS) | ₹8.86 per Equity Share |
| Net Asset Value (NAV) | ₹12.43 per Equity Share |
| P/E Ratio (P/E) (x) | 9.71 |
| Post P/E Ratio (P/E) (x) | 14.08 |
| Return on Net Worth (RoNW) (%) | 71.24 |
| Return on equity (ROE) (%) | 88.57 |
| Return on Capital Employed (ROCE) (%) | 98.74 |
| Debt/Equity Ratio | 0.45 |
Techknowgreen Solutions Ltd Peer Comparison
Our Company does not have any listed peer group operating in the same line of business.
Techknowgreen Solutions IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 22 September 2023 | 5.81% | – | – |
| 21 September 2023 | 5.81% | – | – |
| 20 September 2023 | 5.81% | – | – |
| 19 September 2023 | ₹0 | – | – |
| 18 September 2023 | ₹0 | – | – |
| 17 September 2023 | ₹0 | – | – |
| 16 September 2023 | ₹0 | – | – |
Techknowgreen Solutions IPO Detail Video:
Techknowgreen Solutions IPO Subscription Status (Bidding Detail)
The Techknowgreen Solutions IPO on September 21, 2023 at 7:30:00 PM was subscribed 12.98 times, with the retail category being subscribed 15.82 times, the other category being subscribed 9.08 times.
| Category | Subscription |
| Other | 9.08x |
| Retail | 15.82x |
| Total | 12.98x |
Techknowgreen Solutions IPO Prospectus
| Techknowgreen Solutions IPO DRHP | Download |
| Techknowgreen Solutions IPO RHP | Download |
| Techknowgreen Solutions IPO Anchor Investors Details PDF | Download |
Techknowgreen Solutions IPO Rating
| Our Rating | 3.0/5.0 |
Techknowgreen Solutions Company Contact Information
Techknowgreen Solutions Limited
Registered Office: Flat-202, Hem Opal Apartment, Plot No. 26,
Ekta Park Society, Wakdewadi Pune – 411003, Maharashtra, India.
Contact Person: Vinayak Chindak, Company Secretary and Compliance Officer
Tel: +91 9607002553
E-mail: cs@techknowgreen.com
Website: www.techknowgreen.com
Our Promoter: Ajay Ramakant Ojha and Prasad Rangrao Pawar
Techknowgreen Solutions IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No. S6-2, 6th Pinnacle Business Park, Mahakali Caves Road,
next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India
Tel No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299
E-mail: ipo@bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Sagar Pathare
SEBI Registration No.: INR000001385
CIN: U99999MH1994PTC076534
Techknowgreen Solutions IPO Lead Manager
Indorient Financial Services Limited
Registered Office: A/501, Rustomjee Central Park, Executive Spaces,
Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra, India
Tel No.: +91 79772 12186
Email: compliance-ifsl@indorient.in
Website: www.indorient.in
Contact Person: Ivor Anil Misquith
SEBI Registration No: INM000012661
CIN: U67190DL1993PLC052085
Techknowgreen Solutions IPO FAQs
What is the lot size of Techknowgreen Solutions IPO?
The total size of Techknowgreen Solutions IPO is ₹16.72 crores and this is a complete fresh Issue.
When will Techknowgreen Solutions IPO start?
Techknowgreen Solutions IPO will open from 18 September 2023 and IPO will close on 21 September 2023.
What is the open date of Techknowgreen Solutions IPO?
Techknowgreen Solutions IPO will open date from 18 September 2023.
What is the last date ( close date ) of Techknowgreen Solutions IPO?
Techknowgreen Solutions IPO will close from 21 September 2023.
What is the price band of Techknowgreen Solutions IPO?
Techknowgreen Solutions IPO price band is ₹86.
What is the minimum amount required to apply for Techknowgreen Solutions IPO?
The minimum investment for retailers to apply for Techknowgreen Solutions IPO is ₹137,600 and the maximum investment is ₹137,600.
What is going on gray market premium of Techknowgreen Solutions IPO?
View gray market premium of Techknowgreen Solutions IPO by Clicking Here
How much is the GMP of Techknowgreen Solutions IPO?
Watch Techknowgreen Solutions IPO GMP Today: Click Here
What is the allotment date of Techknowgreen Solutions IPO?
The allotment date of Techknowgreen Solutions IPO is 26 September 2023.
How to check allotment status in Techknowgreen Solutions IPO?
To check the allotment status of Techknowgreen Solutions IPO, first of all go to the registrar website by clicking here, select your bad Techknowgreen Solutions IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Techknowgreen Solutions IPO?
The listing date of Techknowgreen Solutions IPO is 29 September 2023.
How much will be the listing gain in Techknowgreen Solutions IPO?
View listing gain of Techknowgreen Solutions IPO by Clicking Here
How much time Techknowgreen Solutions IPO is subscribed?
Total 12.98 times subscribed in Techknowgreen Solutions IPO out of which 15.82 times subscription was done in retail quota, 9.08 times subscription in other quota.
How to apply for Techknowgreen Solutions IPO from Upstox?
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How to apply for Techknowgreen Solutions IPO from Angle One?
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