31 Mar 2018
Assets3.92
Total Income20.19
Profit After Tax20.19
NET Worth0.42
Reserves and Surplus0.17
Total Borrowing0.75
At a glance
Updated 2026-09-19The shares listed at ₹61.40, a 0.66% move from the issue price. Times Green Energy is a SME IPO with an issue size of ₹4.05 crore, proposed for listing on BSE SME. The offer opens on 16th Jun 2021 and closes on 22nd Jun 2021. The issue structure includes a fresh issue of ₹3.81 crore. The current listing schedule points to 30th Jun 2021.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹4.05 Cr
Fresh issue₹3.81 Cr
Face value₹10
Price band—–—
Allotment25th Jun 2021
Listing30th Jun 2021
Listing performance
Full performance ↗Issue price₹61.00
Listing price₹61.40
Current price—
Listing gain0.66%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Jun 2021
Closes22nd Jun 2021
Allotment25th Jun 2021
Refund28th Jun 2021
Demat29th Jun 2021
Listing30th Jun 2021
Subscription demand
Full bidding ↗Total2.94×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| Funding Working Capital Requirement | ₹0.54 Cr |
| Funding Purchase and Set-up of Registered Office | ₹1.19 Cr |
| Funding Purchase of Vehicle and ERP Package | ₹0.53 Cr |
| Funding Setting up of Sanitary Napkin SBUs | ₹0.60 Cr |
| To fund expenditure for General Corporate Purposes | ₹0.82 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue5.87₹ Cr · -61.3% vs prior year
PAT5.87₹ Cr · -61.3% vs prior year
Assets4.12₹ Cr · +10.8% vs prior year
Net Worth1.44₹ Cr · +9.1% vs prior year
Borrowing0.20₹ Cr · +0.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2019
Assets2.42
Total Income15.16
Profit After Tax15.15
NET Worth1.27
Reserves and Surplus0.27
Total Borrowing0.07
31 Mar 2020
Assets3.72
Total Income15.15
Profit After Tax15.15
NET Worth1.32
Reserves and Surplus0.39
Total Borrowing0.20
31 Dec 2020
Assets4.12
Total Income5.87
Profit After Tax5.87
NET Worth1.44
Reserves and Surplus0.52
Total Borrowing0.20
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Times Green Energy (India) IPO | — | 59.80 x | — | — |
| Farm Peace IPO | — | 16.12 x | — | — |
| Dhanwel Hybrid IPO | — | 14.74 x | — | — |
| Adon Agro IPO | — | 6.42 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including underwriting fees and fees / payment to otherintermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | ₹0.29 Cr |
| Brokerage and selling commission | ₹0.00 Cr |
| dvertisement, Printing & Stationery, Marketing Expenses, etc. | ₹0.03 Cr |
| Stock Exchange Fees, Regulatory and other Expenses | ₹0.04 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Aryaman Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
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