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Open
30 Sep to 4 Oct, 2019
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Close
30 Sep to 4 Oct, 2019
3
Allotment
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Listing
Tue, Oct 15, 2019
Price Band
₹81 to ₹83
Issue Size
21,60,000 shares (agg. up to ₹18 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Oct 15, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.22x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|
| Assets | 42.89 | 26.44 | 9.97 |
| Total Income | 83.85 | 69.64 | 62.32 |
| Profit After Tax | 6.49 | 5.34 | 1.19 |
| EBITDA | 10.05 | 7.85 | 1.82 |
| NET Worth | 13.04 | 6.55 | 1.21 |
| Reserves and Surplus | 7.00 | 6.53 | 1.20 |
| Total Borrowing | 8.61 | 1.24 | 0.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Artemis Electricals Ltd. | SME | ₹42.00 Cr | ₹60 | null | ₹69.85 | +16.42% | ₹16.29 (-0.81%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 13.50 |
| 2 | General corporate purposes | 2.44 |
About Gensol Engineering IPO
Incorporated in 2012, Gensol Engineering Limited is a part of Gensol group of companies, which offer EPC and solar advisory services. The company is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India. Being a one-stop solution for a value chain of the solar industry, it provides advisory services to leading project developers, leading institutions, solar EPC companies, and government policymakers. Under EPC business, the company manages turnkey engineering, construction and procurement contracts, internationally, with a team of 180+ engineers. Collectively, Gensol has erected solar power plants of over 188 MW capacity on ground and rooftops so far. With international reach, it provides consulting services to Kenya, Ukraine, Oman, Gabon, Sierra Leone, Nepal, Afghanistan, Indonesia, Philippines and Chad. It is also working on an EPC project in Egypt. In March 2015, the company has entered into a Joint Venture with Solarig N-Gage SA, Spain, which operates, constructs and owns photovoltaic solar parks. Gensol has a subsidiary named Gensun R
Contact Details
Gensol Engineering Ltd. Address156-157, Sector 9CMadhya MargChandigarh, Chandigarh, 160031079 4006 8236communications@gensol.inVisit Website