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GG Engineering Limited supplies industrial engines for various applications, marine engines, sheet metals for air conditioning components, custom-built generator sets for both stationary and mobile applications and spare parts for diesel genset to the local and International markets. The company was established to cater to the rising demand for quality sheet metal and heavy steel products.
Inspired by the Swachh Bharat Abhiyan, GG Engineering has launched India's first fully-automated and smart Reverse Vending Machines (RVMs) to enable environment-friendly disposal of plastic and other wastes.
Issue Open | August 22, 2022 - September 7, 2022 |
Security Name | G G Engineering Limited |
Issue Size (Shares) | 277,578,135 |
Issue Size (Amount) | ₹49.96 Crores |
Issue Price | ₹1.8 per share |
Face Value | ₹1 per share |
Listing At | BSE |
Terms of Payment | The full amount of Rs 1.80 per share has to be paid at the time of Application. |
Entitlement | 35 Equity Shares for every 13 Equity Shares held on the Record Date |
Record Date | August 10, 2022 |
Credit of Rights Entitlements | August 16, 2022 |
Bid/Offer Opens On | August 22, 2022 |
Renunciation of Rights Entitlements | September 1, 2022 |
Bid/Offer Closes On | September 7, 2022 |
Deemed Date of Allotment | September 13, 2022 |
Credit Date | September 15, 2022 |
Listing Date | September 19, 2022 |
Period Ended | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
---|---|---|---|---|
31-Mar-21 | 27.76 | 0.17 | 14.97 | 4.66 |
31-Mar-22 | 15.14 | -0.24 | 16.16 | 5.85 |
Amount in ₹ Crore |
The objects of the Issue are:
1. To meet out the working capital requirements.
2. General Corporate Purposes.
3. To meet out Issue Expense,
G G Engineering Limited
Office No.: 203, 2nd floor,
Shivam Chambers Premises CS Ltd, Near Sahara India
CTS No. 39, S.V. Road, Goregaonm Mumbai -400104
Phone: +917669359191
Email: rights.ggengg@gmail.com
Website: https://www.ggengg.in/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: murali.m@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
The G G Engineering Rights Issue opens on August 22, 2022, and closes on September 7, 2022.
G G Engineering Rights Issue Schedule
Last Date for credit of Rights Entitlements | August 16, 2022 |
Last Date for renunciation of Rights Entitlements | September 1, 2022 |
Issue Opening Date | August 22, 2022 |
Issue Closing Date | September 7, 2022 |
Date of Allotment (on or about) | September 13, 2022 |
Date of Credit (on or about) | September 15, 2022 |
Date of Listing (on or about) | September 19, 2022 |
G G Engineering Rights Issue price is set at ₹1.8 per share per equity share.
The eligible shareholders are being offered 35 Equity Shares for every 13 Equity Shares held on the Record Date (August 10, 2022).
The record date for the G G Engineering Rights Issue is August 10, 2022.
The issue size of G G Engineering Rights Issue is of 277,578,135 equity shares at ₹1.8 per share aggregating upto ₹49.96 Crores.
The Letter of Offer for G G Engineering Rights Issue can be download here.
You can apply for G G Engineering Rights Issue in two ways:
Steps to apply for G G Engineering Rights Issue using Net Banking (ASBA)
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for G G Engineering Rights Issue using Registrar's website (R-WAP)
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