IPO Synopsis

Techknowgreen Solutions Ltd

Registered Office: Flat-202 Hem Opal Aprt.Plot#26,Ekta Park Society Wakdewadi, Pune - 411003, Maharashtra, India. Phone : +91 9607002553   Fax: Email : cs@techknowgreen.com Website :www.techknowgreen.com

Initial public offering of 19,44,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Techknowgreen Solutions Limited ("TSL" or "Company" or "Issuer") for cash at a price of Rs. 86.00 per equity share including a share premium of Rs. 76.00 per equity share (the "Issue Price") aggregating upto Rs. 16.72 crores ("The Issue") of which 97,600 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 86.00 per equity share including a share premium of Rs. 76.00 per equity share aggregating to Rs. 0.84 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 18,46,400 equity shares of face value of Rs. 10.00 each at a price of Rs. 86.00 per equity share including a share premium of Rs. 76.00 per equity share aggregating to Rs. 15.88 crores (the "Net Issue"). The issue and the net issue will constitute 26.33% and 25.01% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 8.6 times of the face value of the equity shares. Issue Opens On Closes On 18-Sep-23 21-Sep-23 Money Payable On Application Allotment 86.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 12.87 Indorient Financial Services Ltd Project Financed through Current Offer (.Cr) 16.72   Post Issue Equity Share Capital (.Cr) 7.38 Issue Price () 86.00

Projects

Investment in research and development intiatives with includes hiring of experienced R&D resources and purchase of equipment to support R&D intiatives Investment in office premises Refurbishment of new office premises and purchase of office equipemnts Expension of its execution and support services teams including hiring of resources with experties in environmental consulting Repayment of Bank facilities General corporate purposes

Promoted By

Ajay Ramakant Ojha

Prasad Rangrao Pawar

Listing At

BSE - SME

Registrar to the Issue

No Data Available