Times Green Energy (India) Ltd

Times Green Energy (India) Ltd IPO Review

Joined in 2010, Times Green Energy (India) Limited is busy with the developing and selling activities of cultivating produce and trading of typical normal things, bioproducts, and pesticides. The association works in two business segments; Agro-Business (flow of agro things and agrochemicals including regular bio-things) and Women Hygiene and Safety (dispersal of Sanitary Napkins).

Lately, in Sep 2020, it has dispatched an application, Bharatbazaar (Kisaan to Kitchen) to sell 1000+ things including cooking basics, dairy things, checked food assortments, and sterile napkins in and around Hyderabad.

Subscription Dates

16 – 22 June 2021

Price Band

INR61 per share

Fresh issue

6,64,000 shares (INR4.05 crore)

Offer For Sale

Nil

Total IPO size

6,64,000 shares (INR4.05 crore)

Minimum bid (lot size)

2,000 shares

Face Value 

INR10 per share

Retail Allocation

50%

Listing On

BSE SME platform

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ParticularsFor the year/period ended (₹ in lakhs)
 30-June-2031-Mar-2031-Mar-1931-Mar-18
Total Assets452.64371.95242.08392.00
Total Revenue122.001,514.721,515.512,019.09
Profit After Tax4.2412.349.778.04

Earnings Per Share (EPS): INR1.23 

Price/Earnings (PE ratio): 49.59 

Return on Net Worth (RONW): 9.34%

 Net Asset Value (NAV): INR13.21 per share

Listing Performance of Times Green Energy (India) Ltd IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Times Green Energy (India) Limited

Jun 30, 2021

61

61.6

0.98%

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NSE : NA

BSE : 543310

ISIN CODE : INE0B6101012

IPO Opening Date: 16 June 2021
IPO Closing Date: 22 June 2021
Finalisation of Basis of Allotment: 25 June 2021
Initiation of refunds: 
28 June 2021
Transfer of shares to demat accounts: 
29 June 2021
Listing Date
: 30 June 2021
Opening Price on BSE SME: INR61.4 per share (up 0.66% from IPO price)
Closing Price on BSE SME: INR61.6 per share (up 0.98% from IPO price)

Times Green Energy Limited
Flat No. 602, Druva Thara Apartments, Medinova Complex,
Somajiguda Hyderabad – 500082
Phone: +91 7702632033
Email: info@timesgreenenergy.com
Website: www.timesgreenenergy.com

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Day

Subscription (no. of times)

Day 1

0.62

Day 2

1.14

Day 3

1.50

Day 4

2.03

Day 5 
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Times Green Energy (India) Ltd IPO FAQ's

The Times Green Energy Limited IPO is a SME IPO of ₹61 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 664,000 equity shares of ₹10 (aggregating up to ₹4.05 Crore).

The initial public offering (IPO) begins on June 16, 2021 and ends on June 22, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Times Green Energy Limited IPO opens on June 16, 2021 and closes on June 22, 2021. The IPO Issue date may list on June 30, 2021.

The Times Green Energy Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

The finalization of Basis of Allotment for Times Green Energy Limited IPO will be done on June 25, 2021, and the allotted shares will be credited to your demat account by June 29, 2021. Check the Times Green Energy Limited IPO status.

 The Times Green Energy Limited IPO listing date is on June 30, 2021.

Times Green Energy Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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Times Green Energy (India) Ltd IPO Comments