G G Engineering Rights issue 2022 Date will be open from 22 August 2022 to 07 September 2022. The company has set a record date of the rights issue on 10 August 2022. The company will offer 2,77,578,135 Shares through this rights issue and through this issue and the company will collect ₹49.96 Crores. and the company G G Engineering Rights Issue Price of this issue has been announced at ₹1.80 per share as per the face value of ₹1.
GG Engineering Limited is engaged in the business of assembling and selling electrical generator, sets and acoustic enclosures. The Company is also engaged in the trading of Iron and Steel Metals. The company also supply industrial engines for various applications, marine engines, and spare parts for diesel genset to the local and International markets. 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.
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Object of the Issue :
- To meet out the working capital requirements.
- General Corporate Purposes.
- To meet out Issue Expense
G G Engineering Rights issue Review :
■ AVOID
G G Engineering Rights issue 2022 Date & Price Details :
| Issue Open : | 22 August 2022 |
| Issue Close : | 07 September 2022 |
| Record Date : | 10 August 2022 |
| Issue Size : | ₹49.96 Cr |
| Face Value : | ₹1 Rs. Equity Share |
| Price Band : | ₹1.80 Per Share |
| Listing On : | BSE, |
| Issue Shares Offer : | 27,75,78,135 |
| Ratio : | 35:13 |
G G Engineering Rights issue 2022 Date :
| Bid Open Date : | 22 August 2022 |
| Bid Close Date : | 07 September 2022 |
| Record Date : | 10 August 2022 |
| Allotment Date : | 13 Sep 2022 |
| Share Credit Date : | 15 Sep 2022 |
| Listing Date : | 19 Sep 2022 |
G G Engineering Financial Report (Cr):
| Year | Revenue | Expense | P&L |
| 2022 | ₹22.55 | ₹21.05 | ₹0.61 |
| 2021 | ₹37.42 | ₹36.32 | ₹0.82 |
| 2020 | ₹20.17 | ₹19.26 | ₹0.57 |
How to apply G G Engineering Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select G G Engineering Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Quick link :
■ Letter Of Offer
■ Application Form
G G Engineering Rights Issue Lead Manager :
- N/A
G G Engineering Rights Issue Registrar :
KFin Technologies Limited
Seleniium tower B-Plot 31-32 Gachibowli
Financial District, Nanakarmguda Hydrabad 500032
Tele: +914067162222
Fax: +914023431551
Email: [email protected]
Website: https://rights.kfintech.com/
Company Address :
G G Engineering Limited
Office No.: 203, 2nd floor,
Shivam Chambers Premises CS Ltd.,
Near Sahara India, CTS No. 39,
S.V. Road, Goregaon (West),
Mumbai – 400 104
Tele: +91-22-49241267
Email : [email protected]
website :https://www.ggengg.in/
G G Engineering Rights Issue 2022 FAQs :
What is G G Engineering Rights Issue Open Date?
G G Engineering Rights Issue 2022 Open date is 22 August 2022.
What is G G Engineering Rights Issue Close Date?
G G Engineering Rights Issue 2022 Close date is 07 September 2022.
When is G G Engineering Rights Issue 2022 Record Date?
G G Engineering Rights Issue 2022 record date is 10 August 2022.
What is G G Engineering Rights Issue Price?
The company has fixed the price at ₹1.80 per share.
What is G G Engineering Rights Issue 2022 Size?
The company G G Engineering Rights Issue Size is ₹49.96 Cr.
What is G G Engineering Rights Issue Ratio?
The company has fixed the ratio Of 35:13.
How to apply for G G Engineering Rights Issue 2022?
You can apply for the G G Engineering Rights Issue in two ways:
1 – Net Banking (ASBA) 2 – Registrar’s Website
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