Company Times Green Energy (IPO) Date Price Allotment Status Review, Date, GMP & Details with GMP

Read Times Green Energy (IPO) Date Price Allotment Status Review, Date, GMP & Details and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar

Times Green Energy business is set about to offer its first Initial Public Offer. The IPO going to be open from June 16, 2023, and will be closed on June 22, 2023. It is a Hyderabad-based company that was incorporated in 2010.  The leading firm growing in its sector which is farming and selling of agriculture products. They also offer bioproducts, organic products and pesticides also. There is no doubt, this company has the potential to grow more in the upcoming years.

IPO STATUS, Allotment

The strong distribution network makes it more strong for the expansion of the company. To resolve the connections between the company and customers. It made the company’s own mobile application Bharatbazaar in which they are selling 1000+ products that include cooking essentials dairy products, branded foods and sanitary napkins around Hyderabad.

DRHP has been filed with Sebi to raise approx Rs 4.05 crore. There will be approx 664,000 Shares available for buying.

IPO Open:  16 June 2023
 IPO Close:  22 June 2023
 IPO Size:  Approx ₹4.05 Crore
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹61 Per Share
 Listing on:  BSE SME
 Retail Portion:  50%
 Equity:  664,000 Shares

The price band is revealed by the company, shares are available at a price of Rs 61 per equity share with a Rs 10 face value of each.

if we talk about the listing of this share then we want to inform you that this amazing company going to list on BSE and NSE both exchanges. After that, you can trade this share on both exchanges.

Market Lot is available as a minimum of 2000 shares, you can buy a minimum lot for the amount of Rs 1,22,000. Now if discuss Maximum share it is also the same as the minimum market lot.

Times Green Energy Review

Here are all the dates related to this Initial Public Offer. These dates include allotment date, listing date, opening date and closing date also. Check this table here.

 Basis of Allotment:  25 June 2023
 Refunds:  28 June 2023
 Credit to Demat Account:  28 June 2023
 Listing Date:  30 June 2023

The subscription status of this IPO will be available here later after the opening of this public offer. As per our prediction, the Times Green IPO will be oversubscribed by investors. Details will be updated here separately.

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