| 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  10 each ("equity shares") of Gensol Engineering Limited ("company" or "issuer") for cash at a price of 83 per equity share (including a share premium of 73 per equity share) aggregating upto 17.93 Crores (the "issue"). The issue includes a reservation of upto 1,08,800 equity shares of face value 10 each at a price of 83 per equity share aggregating 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 10 each for cash at a price of 83 per equity share, aggregating 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 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 |
Rs83.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
RsCr |
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 |
Rs83.00 |
|
|