HomeIPO SMETimes Green Energy Limited IPO Details

Times Green Energy Limited IPO Details

- Advertisement -

Times Green Energy IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Times Green Energy

The Company is a women entrepreneurial venture promoted by Mrs. Dinne Lakshmi Jumaal and Mrs. Kanuparthi Vani both of whom are dedicated to the cause of improving lives of rural women in India. One of the few companies in India having “All Women Board of Director”.

The organization is deeply involved in the rural eco-system surrounding women in and around certain villages of Telangana, Andhra Pradesh & border areas of Karnataka. The Company is also involve local agents and traders based in the state of Telangana for sale our goods. Likewise the Company also procures goods from local dealers and vendors via local agents based in the state of Telangana.

The Company is currently involved in three core business activities – namely distribution of – Agro Products; Agrochemicals (including organic bio-products) and Sanitary Napkins.

Important Details – Times Green Energy

DateDetails
November 10, 2010The company was incorporated as Times Green Energy (India) Limited.
December 31, 2010The company received the certificate of Commencement of Business from Registrar of Companies, Hyderabad. For further details pertaining to the change of name of the Company and the change in Registered Office

Times Green Energy IPO Price – Details

DescriptionDetails
Public IssuePublic issue 6,64,000 Equity Shares of ₹10 (aggregating up to ₹405.04 Lakhs)
Issue Open  Date16-Jun-21
Issue Close Date22-Jun-21
Issue TypeFixed Price
IPO Price Band₹ 61 per equity share
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolTIMESGREEN
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Times Green Energy IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum120001,22,000
Maximum120001,22,000

Objects of the Issue

- Advertisement -

The Objects of the Net Issue is to raise funds for:

  1. Funding Working Capital Requirement
  2. Funding Purchase and Set-up of Registered Office
  3. Funding Purchase of Vehicle and ERP Package
  4. Funding Setting up of Sanitary Napkin SBUs
  5. General Corporate Purpose

Times Green Energy IPO Lead Managers

  • Aryaman Financial Services Ltd

Times Green Energy Registrar

  • BigShare Services Pvt Ltd

Times Green Energy IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on16-Jun-21
Bid / Offer Closes on22-Jun-21
Finalisation of Basis of Allotment25-Jun-21
Initiation of refunds 28-Jun-21
Credit of the Equity Shares29-Jun-21
Commencement of trading – Listing30-Jun-21

Times Green Energy IPO DRHP & RHP

Times Green Energy IPO DRHP
Times Green Energy IPO RHP

Times Green Energy IPO – FAQS

When Times Green Energy IPO will open ?

The Times Green Energy IPO opens on Jun 16, 2021 and closes on Jun 22, 2021

What is the lot size of Times Green Energy IPO ?

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

What is the price band for Times Green Energy IPO ?

The Times Green Energy IPO price band at Rs.61 per share

Who is the Registrar for Times Green Energy IPO ?

The Registrar is BigShare Services Pvt Ltd

How to apply in Times Green Energy IPO through UPI?

Check the step by step process here – Click here

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here