Market & News

graph-market IPO

Gensol Engineering Ltd

Registered Office: SCO 156-157 Sector 9C,Madhya Marg, Chandigarh - 160031, Chandigarh, India.
Phone : 91-0172-4140004   Fax:
Email :  cs@gensol.in  
Website :  www.gensol.in

Initial public offer of 21,60,000 equity shares of face value of Rs. 10 each ("equity shares") of Gensol Engineering Limited ("company" or "issuer") for cash at a price of Rs. 83 per equity share (including a share premium of Rs. 73 per equity share) aggregating upto Rs. 17.93 Crores (the "issue"). The issue includes a reservation of upto 1,08,800 equity shares of face value Rs.10 each at a price of Rs. 83 per equity share aggregating Rs. 0.90 Crores for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. net issue of upto 20,51,200 equity shares of face value of Rs. 10 each for cash at a price of Rs. 83 per equity share, aggregating Rs. 17.03 Crores is hereinafter referred to as 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 and the issue price is 8.3 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-19 04-Oct-19 83.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 17.93 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 17.93  
Post Issue Equity Share Capital 8.20  
Issue Price 83.00  

Projects

  • Funding the Working Capital Requirements of the Company
  • General Corporate Purposes

Promoted By

Anmol Singh Jaggi

Puneet Singh Jaggi

Listing At

BSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh