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Resgen Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Resgen Ltd IPO

Registered Office: 919 Floor 9th Plot-221 Maker,Chamber VJB Marg Nariman Point , Mumbai - 400021 , Maharashtra , India.
Phone : 91-022-22810181   Fax:
Email :  info@resgen.in  
Website :  www.resgen.in
Public issue of 60,00,000 equity shares of face value of (Rs)10.00 each ("Equity Shares") of Resgen Limited (the "Company" or the "Issuer") for cash at a price of (Rs)47.00 per equity share including a share premium of (Rs)37.00 per equity share (the "Issue Price") aggregating to (Rs)28.20 crores ("The Issue") of which 3,00,000 equity shares aggregating to (Rs)1.41 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 57,00,000 equity shares aggregating to (Rs) 26.79 crores (the "Net Issue"). The issue and the net issue will constitute 28.61% and 27.18% respectively of the post issue paid-up equity share capital of the company. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Feb-23 02-Mar-23 (Rs)47.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 25.00
Gretex Corporate Services Ltd
Project Financed through Current Offer 28.20  
Post Issue Equity Share Capital 20.98  
Issue Price (Rs)47.00  
 
Projects
Working capital requirementsGeneral corporate purposes
Purchase of the land where the manufacturing facility is currently situated
Promoted By
Karan Atul Bora  
Kunal Atul Bora  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd