Founded in 2001, Techknowgreen Solutions Limited, formerly known as Techno Green Environmental Solutions, specializes in providing a wide array of environmental consulting services.
Distinguished as one of India’s pioneering companies in the realm of environmental IT solutions, Techknowgreen Solutions has revolutionized the industry through its innovative software applications and compliance solutions.
The company operates across three core verticals:
- Consulting: This segment encompasses an extensive range of services, including environmental impact assessment, sustainability reporting, climatology, environmental compliance, due diligence (covering site assessment, chemical analysis, and remediation), DPR (Detailed Project Report) and design services (spanning STP, ETP, WTP, SWM, remediation, Air Pollution Control for urban areas, HWM, EPR, and Renewables), training, sensitization, and environmental crime investigation.
- Infor Tech: Under this vertical, Techknowgreen Solutions excels in wastewater management (including STP, ETP, and Zero Liquid Discharge – ZLD), air quality enhancement with products such as YUKA Yantra for indoor air purification and virtual chimney for ambient air purification, solid waste management (including BIOGAS and organic composting), soil remediation, hazardous waste management, and Information Technology solutions such as software development, KYC (Know Your Customer) certification, and KYC (Know Your Customer)
- Research Policy and Engineering: This vertical encompasses an extensive spectrum of research areas, including Carbon capture, storage, and utilization (CCUS), Blue Carbon modeling, Carbon sink analysis, Carbon and methane neutrality, Climate resilience, wastewater trading, circular economic wetland technology, Advanced Oxidation Process (AOP), nature-based solutions (NBS), environmental surveillance, compliance monitoring, Big Data analytics, Cost and Health Benefit Analysis (CBA), Alternatives analysis, and policy screening.
Techknowgreen Solutions caters to a diverse clientele, including government and semi-government organizations, multinational corporations (MNCs), large enterprises, mid-sized companies, and micro, small, and medium enterprises (MSMEs). Through its comprehensive range of services, the company plays a pivotal role in addressing environmental challenges and promoting sustainable practices across various sectors.
Techknowgreen Solutions IPO Details #
Techknowgreen Solutions IPO is a Fixed Price Issue. The IPO total issue size is Rs 16.72 Cr. The Techknowgreen Solutions IPO price is ₹86 per share. The IPO will list on BSE SME.
| IPO Date | September 18, 2023 to September 21, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹86 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 1,944,000 shares (aggregating up to ₹16.72 Cr) |
| Fresh Issue | 1,944,000 shares (aggregating up to ₹16.72 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,438,730 |
| Share holding post issue | 7,382,730 |
| Market Maker portion | 97,600 shares Alacrity Securities |
Techknowgreen Solutions IPO Reservation #
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Techknowgreen Solutions IPO Timetable (Tentative) #
Techknowgreen Solutions IPO opens on September 18, 2023, and closes on September 21, 2023.
| IPO Open Date | Monday, September 18, 2023 |
| IPO Close Date | Thursday, September 21, 2023 |
| Basis of Allotment | Tuesday, September 26, 2023 |
| Initiation of Refunds | Wednesday, September 27, 2023 |
| Credit of Shares to Demat | Thursday, September 28, 2023 |
| Listing Date | Friday, September 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 21, 2023 |
Techknowgreen Solutions IPO Lot Size #
The minimum lot size of this Techknowgreen Solutions IPO is 1600 shares required is ₹137,600.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹137,600 |
| Retail (Max) | 1 | 1600 | ₹137,600 |
| HNI (Min) | 2 | 3,200 | ₹275,200 |
| Lot Size Calculator | |||
Techknowgreen Solutions IPO Promoter Holding #
Mr. Ajay Ramakant Ojha and Mr. Prasad Rangrao Pawar are the company’s promoters.
| Pre Issue Share Holding | 89.02% |
| Post Issue Share Holding | 65.58% |
Company Financials #
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,181.75 | 953.94 | 1,237.25 |
| Revenue | 785.27 | 999.09 | 1,486.28 |
| Profit After Tax | 37.17 | 108.18 | 451.38 |
| Net Worth | 296.43 | 355.86 | 633.63 |
| Reserves and Surplus | -213.20 | -153.76 | 124.00 |
| Total Borrowing | 450.71 | 285.86 | 287.40 |
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 9.71 |
| ROE | 88.57% |
| ROCE | 98.74% |
| Debt/Equity | 0.45 |
| EPS (Rs) | 8.86 |
| RoNW | 71.24% |
Objects of the Issue #
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment in research and development (“R&D”) initiatives which includes hiring of experienced R&D resources and purchase of equipment to support R&D initiatives.
- Investment in office Premises.
- Refurbishment of new office premises and purchase of office equipment.
- Expansion of our execution and support service teams including hiring of resources with expertise in environmental consulting.
- Repayment of Bank facilities.
- General Corporate purposes.
Techknowgreen Solutions IPO Prospectus #
Company Contact Information #
Flat-202, Hem Opal Apartment,
Plot No. 26, Ekta Park Society,
Wakdewadi Pune – 411003
Phone: +91 9607002553
Email: cs@techknowgreen.com
Website: http://www.techknowgreen.com/index.php
Techknowgreen Solutions IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Techknowgreen Solutions IPO – Buy or Not #
Techknowgreen Solutions IPO Recommendation Summary
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 1 | 0 | 0 |
| Members | 0 | 0 | 0 |
Techknowgreen Solutions IPO Lead Manager(s) #
FAQs #
What is the total issue size of Techknowgreen Solutions IPO? #
The total issue size of Techknowgreen Solutions IPO is ₹16.72 Crores.
What is the IPO price for Techknowgreen Solutions shares? #
The IPO price for Techknowgreen Solutions shares is ₹86 per share.
What is the minimum lot size for Techknowgreen Solutions IPO? #
The minimum lot size for Techknowgreen Solutions IPO is 1600 shares, amounting to ₹137,600.
When does Techknowgreen Solutions IPO open and close? #
Techknowgreen Solutions IPO opens on September 18, 2023, and closes on September 21, 2023.
Who are the promoters of Techknowgreen Solutions Limited? #
Mr. Ajay Ramakant Ojha and Mr. Prasad Rangrao Pawar are the promoters of the company.
What are the key financial indicators of Techknowgreen Solutions Limited as of March 31, 2023? #
Price/Earnings (P/E) Ratio: 9.71
Return on Equity (ROE): 88.57%
Return on Capital Employed (ROCE): 98.74%
Debt/Equity Ratio: 0.45
Earnings Per Share (EPS): ₹8.86
Return on Net Worth (RoNW): 71.24%
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.
