Gensol Engineering Ltd IPO

Closed

Subscription Details

  • Open Date 30 Sep
  • Close Date 04 Oct
  • Lot Size 1600
  • IPO Size ₹ 17.93 Cr
  • IPO Price Range ₹ 83
  • Min Investment ₹ 132800

Gensol Engineering Ltd IPO Timeline

Open Date
30 Sep
Close Date
04 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

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 Gensol Engineering Ltd IPO

Contact Information

Address

SCO 156-157 Sector 9C,
Madhya Marg,
Chandigarh, Chandigarh 160031

Gensol Engineering Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account