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G G Engineering Right Issue Details 2023

Right Issue Status: Closed [20th Jul 2023 to 31st Jul 2023]

Rated 3/5 by Team InvestorGain

G G Engineering  Right Issue Detail

G G Engineering Limited offers Right Issue size of 498,820,215 equity shares worth of Rs 49.88 Cr. The subscription for this issue is opening from 20 July 2023 to 31 July 2023. The company issues 38 Rights equity shares for every fully paid-up 29 equity shares held on the record date of 11 July 2023. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 1 per share.

Stay updated with us to know more about the G G Engineering Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.

G G Engineering Right Issue Objective

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. To meet the working capital requirements of our Company
  2. General Corporate Purposes

G G Engineering Right Issue Details

G G Engineering Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 49.88 Cr Shares
Right Issue Issue Size (Amount) ₹49.88 Cr
Face Value ₹1 Per Equity Share
Right Issue - Issue Price ₹1 per share
Right Issue Record Date 11th Jul 2023
Right Issue Entitlement 38 Rights Equity Share(s) for every 29 fully paid-up Equity Shares held on Record Date
Right Issue Terms of payment

Full amount of Rs. 1/- per Equity Share payable on application.

Listing At BSE
BSE Code 540614
NSE Code

G G Engineering Right Issue Dates

In this section we have covered all important dates related to G G Engineering Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

G G Engineering Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 20th Jul 2023
Right Issue Issue Close Date 31st Jul 2023
Basis of Allotment Finalisation Date* 3rd Aug 2023
Refunds Initiation* 26th Jul 2023
Credit of Shares to Demat Account* 9th Aug 2023
Right Issue Listing Date* 14th Aug 2023

* - Tentative Dates

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About Company - G G Engineering

G.G Engineering Limited was established on January 23, 2006 to meet the increasing demand for quality sheet metal and heavy steel products. The company specializes in custom enclosure kits for stationary and mobile applications. As customer satisfaction is our top priority, we are determined to maintain the best product quality to meet our customers' requirements.

G.G. Engineering Limited manufactures and distributes a wide range of products for various segments and applications. The company has a wide range of metal products, such as :

  • Steel
  • Steel ingots
  • TOR steel
  • MS pipes

G G Engineering Financials for past 3 Years

Past performance and financial results of G G Engineering .

G G Engineering Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2218.7615.48-0.24
31-Mar-23116.94110.837.93
Amount in ₹ Crore

G G Engineering Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    G G Engineering Limited
    Off No. 203, 2nd Floor, Shivam Chambers Coop Soc Ltd. S.V Road
    Goregaon West, Mumbai,Maharashtra-400 104
    India
    Website: https://ggelimited.com/
    Phone: +91-9315213276
    Email: [email protected]

    Registrar

    Kfin Technologies Limited
    KFintech, Tower-B, Plot No 31 & 32,
    Financial District, Nanakramguda, Gachibowli,
    Hyderabad, Telangana India - 500 032.
    Website: https://kosmic.kfintech.com/ipostatus/
    Phone: 04067162222, 04079611000
    Email: [email protected]

    Lead Manager

    G G Engineering Right Issue Offer Document (Letter of Offer) >>Document

    G G Engineering Right Issue Offer Document (Letter of Offer) >>G G Engineering Right Issue Red Herring Prospectus is not yet available.

    G G Engineering Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    G G Engineering Right Issue Online Application (Registrar & Transfer Agent) >>G G Engineering Right Issue RTA information is not yet available.

    G G Engineering Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for G G Engineering ? Should I apply in G G Engineering Right Issue?

    Last Updated on 2023-08-03T06:00:23+00:00


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