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Gensol Engineering Ltd.

Gensol Engineering Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹83
₹83
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹83
Based on GMP
Min. Investment
₹132,800
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Sep 2019
Close Date
04 Oct 2019
Allotment
10 Oct 2019
Listing Date
15 Oct 2019
Exchange
BSE SME
Price Band
₹83
Listing Price
See chart
Allotment Status
Price Band
₹83
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
21,60,000 shares (aggregating up to ₹17.93 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹132,800
1 lot
Pre-IPO Holding
60,42,737 shares
Promoters
Post-IPO Holding
82,02,737 shares
Promoters
UPI Deadline
2019-10-04
Mandate
Anchor AllotmentSun, 29 Sep 2019
Basis of AllotmentThu, 10 Oct 2019
Refund InitiationFri, 11 Oct 2019
Demat CreditMon, 14 Oct 2019
Listing DayTue, 15 Oct 2019
UPI Mandate Deadline2019-10-04
Sale TypeFresh Capital
Net Offer to Public20,51,200 shares (aggregating up to ₹17.02 Cr)
Market Maker Quota1,08,800 shares (aggregating up to ₹0.9030 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Gensol Engineering Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Oct 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
108,800
₹0.90
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,160,000
100% ₹17.93
IPO Shares Offered
Gensol Engineering Ltd. IPO total issue size: ₹17.93 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 108,800 ₹0.90
5.04%
Total 2,160,000 ₹17.93
100.00%
* Based on upper price band ₹83 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹83.00
Upper Band
Min Investment
₹132,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹265,600
Retail (Max — 13 Lots)1320,800₹1,726,400
S-HNI (Min — 14 Lots)1422,400₹1,859,200
B-HNI (Min — 68 Lots)68108,800₹9,030,400
* Issue Price ₹83 × Lot Size 1,600 shares
IPO Schedule
Anchor
29 Sep 2019
✓ Done
IPO Open
30 Sep 2019
✓ Done
IPO Close
04 Oct 2019
✓ Done
Allotment
10 Oct 2019
✓ Done
Refunds
11 Oct 2019
✓ Done
Demat Credit
14 Oct 2019
✓ Done
Listing Day
15 Oct 2019
✓ Done
Gensol Engineering Ltd. — Live Price LIVE
₹83.00
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Issue ₹83.00 Live Price
About Gensol Engineering Ltd.
Incorporated in 2012, Gensol Engineering Limited is a part of Gensol group of companies, which offer EPC and solar advisory services. The company is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India. Being a one-stop solution for a value chain of the solar industry, it provides advisory services to leading project developers, leading institutions, solar EPC companies, and government policymakers. Under EPC business, the company manages turnkey engineering, construction and procurement contracts, internationally, with a team of 180+ engineers. Collectively, Gensol has erected solar power plants of over 188 MW capacity on ground and rooftops so far. With international reach, it provides consulting services to Kenya, Ukraine, Oman, Gabon, Sierra Leone, Nepal, Afghanistan, Indonesia, Philippines and Chad. It is also working on an EPC project in Egypt. In March 2015, the company has entered into a Joint Venture with Solarig N-Gage SA, Spain, which operates, constructs and owns photovoltaic solar parks. Gensol has a subsidiary named Gensun Renewable Pvt Ltd established in 2018 to work on power production generation & sales related activities under RESCO business. Recently, Gensol Engineering has become a technical consultant to NTPC for EPC Vendors for Ground Mounted, Floating & Rooftop Solar PV Projects for two years from 25 Sept 2019 to 24th Sept 2021.Competitive Strengths• Dedicated employee base • Strong client base • Dominative presence as compared to competitors • Technically equipped engineering teams • On time project completion
Objects of the Issue
1
1 Funding the working capital requirements of the Company
2
2 General corporate purposes
Gensol Engineering Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹6,231.8
31-Mar-17
₹6,964.4
31-Mar-18
₹8,385.4
31-Mar-19
Profit After Tax (PAT)
₹118.9
31-Mar-17
₹533.7
31-Mar-18
₹649.7
31-Mar-19
Particulars31-Mar-1931-Mar-1831-Mar-17
Revenue from Operations 8385.43 6964.42 6231.77
EBITDA N/A N/A N/A
Profit After Tax (PAT) 649.68 533.66 118.90
Net Worth N/A N/A N/A
Total Assets 4288.66 2643.71 996.80
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered21,60,000 (100.00%)
Net Offer to Public20,51,200 shares (aggregating up to ₹17.02 Cr)
Reserved for Market Maker1,08,800 shares (aggregating up to ₹0.9030 Cr)
Pre-Issue Promoter Holding60,42,737 shares
Post-Issue Promoter Holding82,02,737 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Gensol Engineering Ltd. IPO subscribed?

Gensol Engineering Ltd. IPO is subscribed 1.00 times by Oct 04, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Gensol Engineering Ltd. IPO retail subscription status?

The Gensol Engineering Ltd. IPO retail category is subscribed 1.00 times as of 04 Oct 2019. The retail portion is oversubscribed.

How to subscribe Gensol Engineering Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2019 and closes 04 Oct 2019. Min investment: ₹132,800 (1 lot = 1,600 shares). UPI mandate: 2019-10-04.

How many times Gensol Engineering Ltd. IPO subscribed?

The Gensol Engineering Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Gensol Engineering Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Oct 2019. Refunds: on 11 Oct 2019.

When Gensol Engineering Ltd. IPO will be listed?

The Gensol Engineering Ltd. IPO listing date is 15 Oct 2019, Tuesday. Listed on: BSE SME. Issue price: ₹83. Estimated listing: ₹83. GMP: NIL.

When Gensol Engineering Ltd. IPO close?

The Gensol Engineering Ltd. IPO closes on 04 Oct 2019, Friday. UPI mandate: 2019-10-04. Allotment: 10 Oct 2019. Listing: 15 Oct 2019.