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Category :
IPO
Headline :
ResGen announces launch of initial public offering
Date:
21/02/2023 18:11
ResGen Ltd. has announced public offering of 6000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 37.00 per share. The gross proceeds of the issue are expected to be Rs 2,820.00 lakhs.
The company's initial public offer (IPO) will open on 28 February 2023 and is expected to close on 02 March 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 45.00-47.00 per share.
The IPO includes a fresh Issue of 6000000 Equity Shares of the Company at an price of Rs 47.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.
ResGen Ltd. anticipates using the proceeds of the issue for .
Gretex Corporate Services Pvt. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.
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