GG Engineering Rights Issue 2022 Date, Price, Form, Allotment & Ratio
Written by Luck Wilson on August 6, 2022
GG Engineering rights issue date is fixed, The right issue is to open on August 22 and will close on September 7, 2022. The GG Engineering rights issue record date is August 10, 2022. The entitlement ratio is 35:13, 35 right shares for every 13 fully-paid equity shares held on the record date. Check out GG Engineering’s rights issue details.
GG Engineering was established in 2006. GG Engineering Limited is a supplier of product range across industrial diesel generator sets. Their industrial diesel generator sets is driven by Tata Motors’ engines. They provide industrial engines for various application, Marine engines and Spare parts for local as well as International diesel genset market. They cater to the rising demand of quality sheet metal and heavy steel products. Inspired by the Swachh Bharat Abhiyan, the company launched India’s first fully-automated and smart Reverse Vending Machines (RVMs) to enable environment-friendly disposal of plastic and other waste as users get rewards in return.
GG Engineering Rights Issue 2022 Dates
|Rights Issue Open:||August 22, 2022|
|Rights Issue Close:||September 7, 2022|
|Rights Record Date:||August 10, 2022|
|Deemed Date of Allotment||2022|
|Renunciation of Rights Entitlements||September 1, 2022|
GG Engineering Rights Issue 2022 Offer Details
|Rights Issue Size:||Approx ₹49.96 Crores|
|Price Band:||₹1.80 Per Equity Share|
|Face Value:||₹1 Per Equity Share|
|Listing on:|| BSE|
|Entitlement Ratio:||35:13 (35 rights share for every 13 shares)|
|Equity:||277,578,135 Equity Share|
|Live Share Price:||Click Here|
GG Engineering Rights Issue Form & How to Apply
How to apply the GG Engineering rights issue? You can check GG Engineering rights issue details on click here. You can apply the GG Engineering rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.
GG Engineering Financial Report
|₹ in Crores|
GG Engineering Rights Issue Allotment Status
KFin Technologies Limited
Selenium Tower B, Plot No. 31-32,
Gachibowli, Financial District
Nanakramguda, Seri, Hyderabad 500032
Tel: 040-67161500, 67162222, 33211000
Email: [email protected]
GG Engineering Rights Issue Lead Managers
GG Engineering Limited
Office No. 203, 2nd Floor,
Shivam Chambers CS Ltd.
S.V. Road, Near Sahara Apartment,
Mumbai, Maharashtra – 400104
Email: [email protected]
GG Engineering Rights Issue FAQs:
GG Engineering Rights Issue 2022 record date is August 10, 2022.
The company has fixed the price at ₹1.80 per equity share.
The company has fixed the ratio 35:13, 35 Rights Equity Share for every 13 Equity Shares as on record date.
As per the record date you need to have GG Engineering shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.
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