GENSOL ENGINEERING LIMITED IPO
BSE SME₹ 259200 /3200 Shares
*Min Investment
30 Sep, 2019
Open Date04 Oct, 2019
Close Date11 Oct, 2019
Allotment Date15 Oct, 2019
Listing DateIPO Issue Details
- Issue Price Rs 81/- to Rs 83/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 21,60,000 Equity Shares of Rs 10/- at price of Rs 81/- to Rs 83/- per share aggregating to Rs 17.93 Cr
- Listing at BSE SME
- Lead Manager Pantomath Capital Advisors Private Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
GENSOL ENGINEERING LIMITED IPO is an SME IPO, priced at Rs 81/- to Rs 83/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 30, 2019 to Oct 4, 2019. The allotment is expected to be finalized on Oct 11, 2019, and the tentative listing date is Oct 15, 2019.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 10,25,600 | 10,25,600 | 20,51,200 |
Day 1 - 30-09-19 | 13,68,000 1.33 x | 48,000 0.05 x | 14,16,000 0.69 x |
Day 2 - 01-10-19 | 13,85,600 1.35 x | 1,12,000 0.11 x | 14,97,600 0.73 x |
Day 3 - 03-10-19 | 14,72,000 1.44 x | 1,71,200 0.17 x | 16,43,200 0.80 x |
Day 4 - 04-10-19 | 23,32,800 2.27 x | 3,80,800 0.37 x | 27,13,600 1.32 x |
Day 5 - 03-07-19 | N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
Funding the working capital requirements of the Company ( Rs 13.50 Cr )
General Corporate Purposes ( NA )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Gensol Engineering Limited | 3.85 | 10.48 | 49.81% | 83.85 |
| Zodiac Energy Limited | 1.03 | 5.77 | 11.48% | 63.28 |
IPO - FAQs
Ans. GENSOL ENGINEERING LIMITED IPO is a SME IPO. The issue is priced at Rs 81/- to Rs 83/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Sep 30, 2019, and closes on Oct 4, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The GENSOL ENGINEERING LIMITED IPO opens on Sep 30, 2019 and closes on Oct 4, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of GENSOL ENGINEERING LIMITED IPO is Fresh issue of 21,60,000 Equity Shares of Rs 10/- at price of Rs 81/- to Rs 83/- per share aggregating to Rs 17.93 Cr.
Ans. The GENSOL ENGINEERING LIMITED IPO price band is set between Rs 81/- to Rs 83/- Per Equity Share .
Ans. To apply for GENSOL ENGINEERING LIMITED IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find GENSOL ENGINEERING LIMITED IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of GENSOL ENGINEERING LIMITED IPO is Oct 11, 2019.
Ans. The GENSOL ENGINEERING LIMITED IPO will be listed on Oct 15, 2019.
Ans. Follow the steps to check the GENSOL ENGINEERING LIMITED IPO allotment status online.
