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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  

Project

  • 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

Link Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.