G G Engineering Ltd IPO

Closed

Subscription Details

  • Open Date 30 Jun
  • Close Date 07 Jul
  • Lot Size 6000
  • IPO Size ₹ 2.23 Cr
  • IPO Price Range ₹ 20
  • Min Investment ₹ 120000

G G Engineering Ltd IPO Timeline

Open Date
30 Jun
Close Date
07 Jul
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 11,16,000 equity shares of Rs. 10 each (equity shares) of G G Engineering limited (gg or the company or the issuer) for cash at a price of Rs. 20 per share (the issue price), aggregating to Rs. 2.23 Crores (the issue), of which, 60,000 equity shares of rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 10,56,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.65% and 25.21%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 20/- i.e. 2.00 (two) times of the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of G G Engineering Ltd IPO

Contact Information

Address

Shop No 15 1st Floor,
EvershineMall Chincholi MaladW,
Mumbai, Maharashtra 400064

G G Engineering Ltd IPO Lead Manager

Navigant Corporate Advisors Ltd
Open Demat Account