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GG Engineering IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 2.23 Cr. The company is based in Mumbai and caters to Engineering sector. Navigant Corporate Advisors is the merchant banker of GG Engineering IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th May 2017.
GG Engineering IPO open date is 30th June 2017 and close date is 7th July 2017. IPO Allotment Date is 30th November -0001 and Listing date is 17th July 2017.
IPO
Size:
₹ 2.23 Cr.
Avg IPO Size (Sector Based)
: ₹
23.58 cr.
Sector: Engineering
SME
IPO so far:
103
Merchant Banker:
Navigant Corporate
SME
IPO by BRLM so far:
23
City:
Mumbai
SME
IPO so far:
288
Revenue (annualised):
₹
7.99
cr. 
PE
Ratio:
285.00x
Average Sector PE Ratio: 15.22x
GG Engineering IPO size is ₹ 2.23 Cr. with IPO price of ₹ 20.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Navigant Corporate Advisors Limited is the book-running lead manager of the GG Engineering IPO. Kfin Technologies Limited is the Registrar and Market Maker is Naysaa Securities Limited for GG Engineering IPO.
GG Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
GG Engineering IPO, based in Mumbai, operates in the Engineering sector with a focus on manufactures DG Sets. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. GG Engineering IPO size is ₹ 2.23 Cr. with fresh issue size of ₹ 2 and Offer for sale being ₹ Nil
The IPO allotment date for GG Engineering IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check GG Engineering IPO allotment status on the registrars website, Kfin Technologies Limited . GG Engineering IPO refund dates are 30th November -0001.
GG Engineering IPO is expected to be listed on 17th July 2017.
The upper price band for the GG Engineering IPO is set at ₹ 20.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on GG Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the GG Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th July 2017. After submission, funds are blocked until the basis of allotment of GG Engineering IPO is finalised.
The merchant banker for GG Engineering IPO is Navigant Corporate Advisors Limited . Navigant Corporate Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the GG Engineering IPO RHP for further details.
The registrar for GG Engineering IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to GG Engineering IPO through their official website or helpline.
GG Engineering IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.23 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.58 Cr.
Sector: Engineering
SME
IPO so far:
103
Merchant Banker:
Navigant Corporate
SME
IPO by BRLM so far:
23
City:
Mumbai
SME
IPO so far:
288
Revenue (annualised):
₹ 7.87 cr.
PE
Ratio:
285.00x
Average Sector PE Ratio: 15.22x
GG Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on GG Engineering Financial Review Page
Merchant Banker(s) of GG Engineering IPO: Navigant Corporate Advisors Limited
GG Engineering IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
GG Engineering IPO listed at a listing price of 20.70 against the offer price of 20.00.
The current market price of GG Engineering is 0.58.
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