Resgen Ltd - IPO

Resgen Ltd IPO Details

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.

Objective of issue

Working capital requirements. Purchase of the land where the manufacturing facility is currently situated. General corporate purposes.

Resgen Ltd Contact Details

Resgen Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@resgen.in

Website - www.resgen.in