The BikeWo Green Tech IPO minimum market lot is 2000 shares with ₹124,000 application amount. The BikeWo Green Tech IPO is a SME IPO, and it is to be listed on NSE.
BikeWo Green Tech Limited is the leading two-wheeler retailer in India. They started their business operations in the year 2016 and their revenue from operations has been steady since then. The company had been engaged in the business of buying and selling used four-wheelers from authorized dealers of reputed automobile brands (“New Car Dealers”). As part of their pre-owned vehicle sale business, they receive used cars from New Car Dealers, also approaching prospective customers, who wish to sell or exchange their existing vehicles for a new vehicle. They have developed a new network that undertakes every element of automobile buying from searching for a vehicle such as buyers’ requirements, price, booking, certification to purchase and financing, doorstep delivery, and more. They act as the best intermediate channel between the New Car Dealers and their designated park for selling used car lots, by supplying the used cars for sale and earning a margin during the sale of such cars. They have the best business model which focuses on creating a dealership chain across Tier-II and Tier-III cities.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
BikeWo Green Tech IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.00 | 43.03 |
| NII | 0.33 | 2.72 | 22.48 |
| RII | 2.32 | 17.39 | 61.04 |
| Total | 1.26 | 9.60 | 41.82 |
BikeWo Green Tech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
BikeWo Green Tech IPO Review
- May Apply
BikeWo Green Tech IPO Form
How to apply for the BikeWo Green Tech IPO? You can apply for BikeWo Green Tech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the BikeWo Green Tech IPO in the Invest section. The other option is you can apply for BikeWo Green Tech IPO via IPO forms downloaded online. Check out the BikeWo Green Tech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
