Shares of Techknowgreen Solutions Ltd are one of those multibagger stocks that had a flat debut on Indian stock exchanges in 2023 but had significant upside after share listing. The IPO of Techknowgreen Solutions was offered in the second two weeks of September 2023 at a fixed price of $86 per share. The public offering was planned for listing on the BSE SME exchange, and it was listed for 87 per share on the BSE, RE 1 over its issue price.

Despite the flat listing, Techknowgreen Solutions shares drew new buyers and concluded the day at 91.35 per share after hitting an intraday low of 86.10 per share. This signifies that the stock held above its issue price of 86 cents per equity share. The current share price of Technogreen Solutions is 308 per share, which implies that the SME stock has increased by more than 250% since its initial listing price of 87 per share.

Techknowgreen Solutions’ Share Price History

As previously stated, the Techknowgreen Solutions IPO launched for subscribers on September 18, 2023 and remained open until September 21, 2023.

The public offering has been proposed for listing on the BSE SME exchange. It will be listed on the BSE SME platform on September 27th, 2023, at 87 per share levels, generating a Re 1 per share premium to allottees. However, SME stock went on to provide multibagger returns to both allottees and new investors, rising to about 308 per share levels within three months after its listing.

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News from Techknowgreen Solutions

Techknowgreen Solutions Ltd made headlines recently after receiving an 18 crore work order from Duet India Hotels (Navi Mumbai) Private Limited. This order, which encompasses regulatory, environmental, construction, and safety sectors, represents a critical convergence in business processes. It is crucial to increasing and diversifying the service portfolio and driving strategic growth.