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Open
16 Jun 2021
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Close
22 Jun 2021
3
Allotment
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Listing
Wed, Jun 30, 2021
Price Band
₹61 per share
Issue Size
6,64,000 shares (agg. up to ₹4 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jun 30, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.45x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 4.12 | 3.72 | 2.42 | 3.92 |
| Total Income | 5.87 | 15.15 | 15.16 | 20.19 |
| Profit After Tax | 5.87 | 15.15 | 15.15 | 20.19 |
| NET Worth | 1.44 | 1.32 | 1.27 | 0.42 |
| Reserves and Surplus | 0.52 | 0.39 | 0.27 | 0.17 |
| Total Borrowing | 0.20 | 0.20 | 0.07 | 0.75 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital Requirement | 0.54 |
| 2 | Funding Purchase and Set-up of Registered Office | 1.19 |
| 3 | Funding Purchase of Vehicle and ERP Package | 0.53 |
| 4 | Funding Setting up of Sanitary Napkin SBUs | 0.60 |
| 5 | To fund expenditure for General Corporate Purposes | 0.82 |
About Times Green Energy IPO
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 strengths Strong distribution network in Southern India. Large product portfolio. Experienced management team. + Read More
Contact Details
Times Green Energy (India) Ltd. AddressFlat No.602, Druva Thara ApartmentsMedinova ComplexSomajigudaHyderabad, Telangana, 5000827702632033info@timesgreenenergy.comVisit Website