ResGen IPO will be Open on 28 February 2023 and closes on 02 March 2023. The company has fixed the price of this IPO at ₹45-₹47 according to the face value of ₹10. The company will raise ₹28.20 Crores through this IPO under the 60,00,000 Equity Shares public issue. And the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB, 15% for NII and 35% Retail Investor. You can check ResGen IPO GMP here.
ResGen Limited is engaged in the process of manufacturing Pyrolysis Oil (a substitute for furnace oil) from all kinds of waste plastics. The company manufacturing of PlasEco, and this is able to repurpose the by-products generated, such as Carbon, which substitutes for coal; and Gas, which substitutes for LPG.
The company has set up a Chemical Recycling Plant in Vikramgad (Palghar), Maharashtra, considering its proximity to the Municipal Corporations of Mumbai, Thane, Kalyan & Dombivli.
The company was established in 2018. The company spent 3 years building our factory and developing the manufacturing process before we were able to start commercial production, which commenced in September 2021. The company completed the financial year 2021-2022 with a turnover of Rs 480.81 Lakhs. You can check ResGen IPO subscription status here.
Objects Of The Issue :
- Working Capital Requirements
- Purchase of the land where our Manufacturing facility is currently situated.
- General Corporate Purposes.
Company Strengths :
- We have a successfully decoded the formula for Pyrolysis.
- Strategic Location of Manufacturing Unit
- Quality Assurance
- Well-defined organizational structure
- Strong professional and execution team allows the Company to develop a strong business
- Existing Supplier Relationship
- Progressive Employer
| Read also: Upcoming IPO List 2023 |
ResGen IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹0.73 Cr (March 2022) ₹47/ EQ (Cut Off) ₹0.59 (March 2022) 79.66x (PE Approx) 20.00% (March 2022) ₹17.90 (March 2022) ₹39.17 Cr (Dec 2022) ₹98.58 Cr 94.15% 67.22% |
| Team Review : | ✔ Apply For Long Term |
ResGen IPO GMP Live:
ResGen IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 28 Feb 2023 | ₹1-₹2 | ₹0 |
| 27 Feb 2023 | ₹1-₹2 | ₹0 |
| 26 Feb 2023 | ₹0-₹0 | ₹0 |
| 25 Feb 2023 | ₹0-₹0 | ₹0 |
ResGen IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 28 February 2023 |
| IPO Close : | 02 March 2023 |
| IPO Size : | ₹28.20 Cr {60,00,000 Shares} |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹45-₹47 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹28.20 Cr {60,00,000 Shares} |
| Fresh Issue : | ₹28.20 Cr {60,00,000 Shares} |
| Offer For Sale : | ₹0. Cr |
ResGen IPO Market Lot :
ResGen IPO Minimum Market lot is 1 Lot with 3000 shares with ₹141,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹141,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹141,000 |
| Retail (Max) : | 1 | 3000 | ₹141,000 |
| S-HNI (Min) : | 2 | 6000 | ₹282,000 |
ResGen IPO Shares Offer :
A Total of 60,00,000 shares are to be bid for the public issue by ResGen IPO with 60,00,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 60,00,000 | ₹28.20 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 60,00,000 | ₹28.20 Cr |
ResGen IPO Reservation :
ResGen IPO Total Reservation of 57,00,000 shares are to be bid for the public issue by ResGen IPO with 28,20,000 for QIB and 8,82,000 for NII 19,98,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 28,20,000 | ₹13.25 Cr |
| NII : | 15% | 8,82,000 | ₹4.15 Cr |
| RII : | 35% | 19,98,000 | ₹9.39 Cr |
| MMRP : | – % | – | ₹- |
| Total : | 100% | 57,00,000 | ₹26.79 Cr |
ResGen IPO Dates :
ResGen IPO Date is 28 February 2023 and closes on 02 March 2023. The allotment will be finalized on 08 March 2023 and the IPO may list on 13 March 2023.
| Issue Open Date : | 28 February 2023 |
| Issue Close Date : | 02 March 2023 |
| Allotment Date : | 08 March 2023 |
| Refund Date : | 09 March 2023 |
| Share Credit Date : | 10 March 2023 |
| Listing Date : | 13 March 2023 |
ResGen IPO Form :
There are two ways to apply in ResGen IPO. You can apply for ResGen IPO through ASBA available in your bank account. You have to go to your online bank login and select ResGen IPO in the Invest section and apply through your bank account. Another option is you can apply ResGen IPO through IPO form download through NSE and BSE. See the ResGen IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
ResGen Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 Dec | ₹1,265.34 | ₹921.00 | ₹246.44 |
| 2022 | ₹480.81 | ₹376.49 | ₹73.50 |
| 2021 | ₹2.00 | ₹1.37 | ₹0.63 |
| 2020 | ₹- | ₹15.15 | ₹-15.15 |
Company Promoters :
■ Mr. Karan Atul Bora
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
ResGen IPO Lead Managers :
■ Gretex Corporate Services Pvt Ltd
ResGen IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Pinnacle Business Park, Mahakali Caves Road,
next to Ahura Centre, Andheri East, Mumbai- 400093,
Maharashtra, India
Tel. No.: +91 – 22 – 6263 8200;
Fax No.: +91 – 22 – 6263 8299
Email: [email protected]
Investor Grievance Email:
[email protected] ;
Website: www.bigshareonline.com
Note: Check ResGen IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
ResGen Limited
919, Floor 9th, Plot-221,
Maker Chamber V Jamnalal Bajaj Marg,
Nariman Point
Mumbai-400021, Maharashtra, India.
Tel: 022-22810181
Email: [email protected]
Website: www.resgen.in
ResGen IPO FAQs :
What is ResGen IPO?
ResGen IPO is SME IPO. They are going to raise ₹28.20 Crores via IPO. The issue is priced at ₹45-₹47 per equity share. The IPO to be listed on BSE, SME.
When ResGen IPO will open?
The IPO is to open on 28 Feb – 02 Mar for QIB, NII & RII.
How much is ResGen IPO Size?
ResGen IPO size is ₹28.20 Crores.
How much is the Fresh issue size of ResGen IPO?
The Fresh issue size of ResGen IPO ₹28.20 Cr.
How much is the Offer For Sale size of ResGen IPO?
The Offer For Sale size of ResGen IPO ₹0 Cr.
What is ResGen IPO Price Band?
ResGen IPO Price Band is ₹45-₹47 Per share.
What is the ResGen IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹141,000 amount while the maximum bid is 3000 shares with ₹141,000.
How much is ResGen IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is ResGen IPO Allotment Date?
ResGen IPO allotment date is 08 March 2023.
When is ResGen IPO Listing Date?
ResGen IPO listing date is 13 March 2023. The IPO to list on BSE, SME.
How to Apply the ResGen IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “ResGen IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the ResGen IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “ResGen IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the ResGen IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “ResGen IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the ResGen IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “ResGen IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| ResGen GMP: Click Here ResGen Subscription: Click Here ResGen Allotment: Click Here ResGen Listing: Click Here |
All ResGen IPO-related links are available here. If you want to know the details then click on Click Here Link.
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