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ResGen IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Chemical sector. Gretex Corporate Services is the merchant banker of ResGen IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th December 2022.
ResGen IPO open date is 28th February 2023 and close date is 2nd March 2023. IPO Allotment Date is 8th March 2023 and Listing date is 13th March 2023.ResGen IPO size is Rs 28.20 Cr. crores with IPO price of Rs 47.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the ResGen IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for ResGen IPO.
ResGen IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ResGen IPO, based in Mumbai, operates in the Chemical sector with a focus on Manufacturing Pyrolysis Oil. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. ResGen IPO size is ₹ 28.20 Cr. Crores with fresh issue size of Rs 28.20 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for ResGen IPO is expected to be 8th March 2023, after the finalization of basis of allotment. Investors can check ResGen IPO allotment status on the registrars website, Bigshare Services Private Limited. ResGen IPO refund dates are 9th March 2023.
ResGen IPO is expected to be listed on 13th March 2023.
The upper price band for the ResGen IPO is set at ₹ 47.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ResGen IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ResGen IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd March 2023. After submission, funds are blocked until the basis of allotment of ResGen IPO is finalised.
The merchant banker for ResGen IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ResGen IPO RHP for further details.
The registrar for ResGen IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to ResGen IPO through their official website or helpline.
ResGen IPO was subscribed 2.50 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 28.20 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.24 Cr.
Sector: Chemical
SME IPO so far:
40
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 18.98 cr.
PE
Ratio:
27.33x
Average Sector PE Ratio: 17.10x
ResGen IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ResGen Financial Review Page
Merchant Banker(s) of ResGen IPO: Gretex Corporate Services Limited
ResGen IPO subscription was 2.50 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
ResGen IPO listed at a listing price of 49.00 against the offer price of 47.00.
The current market price of ResGen is 92.95.
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