Initial Public Offering | Upcoming IPO in NSE & BSE Market India | IPO Allotment Status | Geojit
Main Menu
Home > IPO > IPO Synopsis
13 August 2020

IPO Synopsis

Gensol Engineering Ltd
Registered Office: SCO 156-157 Sector 9C,Madhya Marg , Chandigarh - 160031 , Chandigarh , India.
Phone : 91-0172-4140004   Fax:
Email :  
Website :
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 (Rs)83.00-0.00 (Rs)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 (Rs)83.00  
Funding the Working Capital Requirements of the CompanyGeneral Corporate Purposes
Promoted By
Anmol Singh Jaggi  
Puneet Singh Jaggi  
Listing At
Registrar to the Issue
Link Intime India Pvt Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501