ResGen Limited IPO (ResGen IPO)
Note: ResGen Limited IPO is a BSE SME IPO. They are going to raise ₹28.20 Crores via IPO. The issue is a price range of ₹45 to ₹47 per Equity Share. The IPO is to be listed on BSE SME.
ResGen Limited is established in 2018, the company is engaged in the process of manufacturing Pyrolysis Oil (a substitute for furnace oil) from all kinds of waste plastics. The company headquarters is situated in Mumbai. The company was envisioned to make environment-saving projects commercially viable and highly scalable.
The products of the company revolve around PYROLYSIS OIL.
The heavy usage of Plastic in various and diverse segments is creating hazardous issues for the environment and ResGen Limited with its sustainable solution strives at addressing these problems.
ResGen limited was founded on the idea of using plastic waste and converting it into a substitute for fuel. The company has come up with an ingenious, eco-friendly solution, which uses each by-product to increase efficiency. This not only offers alternate use of plastic waste but adds an additional solution for fuel.
ResGen call this innovation: PlasEco. During the manufacturing of PlasEco, they are able to repurpose the by-products generated, such as Carbon, which substitutes for coal; and Gas, which substitutes for LPG.
ResGen Limited IPO Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 161.78 | -15.15 | 136.13 | -18.37 | 24.05 | |
| 31-Mar-21 | 1,110.01 | 2.00 | 0.63 | 136.76 | -17.74 | 961.33 |
| 31-Mar-22 | 1,371.31 | 480.81 | 73.50 | 367.46 | 147.46 | 932.92 |
| 05-Dec-22 | 3,917.97 | 1,265.34 | 246.44 | 1,510.30 | 1,091.10 | 1,486.06 |
| Amount in ₹ Lakhs | ||||||
ResGen Limited IPO Date & Price Band
| IPO Open: | February 28, 2022 |
| IPO Close: | March 02, 2022 |
| IPO Size: | Approx ₹28.20 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 to ₹47 per Equity Share |
| IPO Listing on: | BSE NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
ResGen Limited IPO Market Lot
The ResGen IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹141,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹141,000 |
| Retail (Max) | 1 | 3000 | ₹141,000 |
| HNI (Min) | 2 | 6,000 | ₹282,000 |
ResGen Limited IPO Allotment & Listing Dates
The IPO date is February 28 and the IPO close date is March 02, 2022. The IPO allotment date is March 08 and the ResGen Limited IPO listing is March 13, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Feb 28, 2023 |
| Closing Date | Mar 2, 2023 |
| Basis of Allotment | Mar 8, 2023 |
| Initiation of Refunds | Mar 9, 2023 |
| Credit of Shares to Demat | Mar 10, 2023 |
| Listing Date | Mar 13, 2023 |
ResGen Limited IPO Prospectus
What is the official website of ResGen Limited?
ResGen Limited Official Website is http://www.resgen.in/
What is the registered address of ResGen Limited Limited?
ResGen Limited
919, Floor 9th, Plot-221, Maker Chamber.
V. Jamnalal Bajaj Marg, Nariman Point,
Mumbai- 400021
Phone: 022-22810181
Email: info@resgen.in
Website: http://www.resgen.in/
ResGen Limited IPO Company Promoter
Mr. Karan Atul Bora and Mr. Kunal Atul Bora are the promoters of the company.
ResGen Limited IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
ResGen Limited IPO Lead Managers
- Gretex Corporate Services Pvt Ltd
What is ResGen IPO?
ResGen Limited IPO is a BSE SME IPO. They are going to raise ₹28.20 Crores via IPO. The issue is a price range of ₹45 to ₹47 per Equity Share. The IPO is to be listed on BSE SME.
When will ResGen IPO open?
The IPO will open for NII, QIB, and Retail Investors on February 28, 2022.
What are ResGen IPO Investors Portion?
The investors’ portion for NII is 15%, QIB is 50%, and Retail is 35%.
What is ResGen IPO Size?
The IPO size is ₹28.20 crores.
What is ResGen IPO Price Band?
The IPO Price range of ₹45 to ₹47 per equity share.
What is ResGen IPO Minimum and Maximum Lot Size?
The ResGen IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹141,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹141,000 |
| Retail (Max) | 1 | 3000 | ₹141,000 |
| HNI (Min) | 2 | 6,000 | ₹282,000 |
What is ResGen Limited IPO Allotment?
The IPO allotment date is March 08, 2022.
What is ResGen Limited IPO Listing?
The IPO listing date is March 13, 2022. The IPO to list on BSE SME.
MORE FOR YOU
