59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Gensol Engineering Limited IPO (Gensol Engineering IPO) Detail

Gensol Engineering IPO is a Book Building IPO listing on BSE SME exchange. The company is based in Chandigarh and caters to Solar sector. Pantomath Capital Advisors is the merchant banker of Gensol Engineering IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th September 2019.

Gensol Engineering IPO open date is 4th October 2019 and close date is 10th October 2019. IPO Allotment Date is 10th October 2019 and Listing date is 15th October 2019.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 17.93 Cr. Avg IPO Size (Sector Based) : ₹ 34.14 cr.
  • Sector: Solar SME IPO so far: 16
  • Merchant Banker: Pantomath Capital SME IPO by BRLM so far: 103
  • City: Chandigarh SME IPO so far: 7
  • Revenue (annualised): ₹ 83.85 cr.
            (annualised): ₹ 6.50 cr.
  • PE Ratio: 10.50x Average Sector PE Ratio: 20.25x

Gensol Engineering IPO Date

Date of DRHP:
13th September 2019
IPO Open Date:
4th October 2019
IPO Closing Date:
10th October 2019
IPO Allotment Date:
10th October 2019
Initiation of Refund:
11th October 2019
IPO Listing Date:
15th October 2019

Gensol Engineering IPO Info, Size, Subscription

Gensol Engineering IPO size is ₹ 17.93 Cr. with IPO price of ₹ 83.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 17.93 Cr.

Issue Price:
₹ 83.00

Market Capitalisation :
[●]

PE multiple :
10.50

Subscription :
1.32 times

Pre Issue Promoter Holding :
96.00 %

Post Issue Promoter Holding :
70.72 %

Gensol Engineering IPO Information

Sub Sector :
Gensol Engineering (“Gensol”) is a Solar Design & Engineering company with team of more than 500 employees and anexperience of providing technical expertise over 19,000+ MW. As part of its consulting business, Gensol provides concept to commissioning solar advisory, engineering review, detailed engineering, construction supervision, quality control and technical due diligence servicesfor projects in India and abroad. Over thepast 5 years, Gensol has built a credible reputation as a one-stop solution across the entire value chain of solar industry by advising Governments policy makers, leading project developers, Solar EPC Companies, Lending Institutions and Vendorsalike.

Object of Issue (Gensol Engineering IPO Objectives)

  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Gensol Engineering IPO. Link Intime India Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Gensol Engineering IPO.

Gensol Engineering IPO Market Maker

Gretex Share Broking Private Limited

Gensol Engineering IPO Registrar (RTA)

Link Intime India Private Limited

Gensol Engineering IPO Lead Manager (BRLM)

Pantomath Capital Advisors Private Limited

Gensol Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Gensol Engineering IPO?

Gensol Engineering IPO, based in Chandigarh, operates in the   Solar sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Gensol Engineering IPO size is ₹ 17.93 Cr. with fresh issue size of ₹ 17.93 Cr. and Offer for sale being ₹ Nil

When is Gensol Engineering IPO allotment?

The IPO allotment date for Gensol Engineering IPO is expected to be 10th October 2019, after the finalization of basis of allotment. Investors can check Gensol Engineering IPO allotment status on the registrars website, Link Intime India Private Limited. Gensol Engineering IPO refund dates are 11th October 2019.

When is Gensol Engineering IPO listing date?

Gensol Engineering IPO is expected to be listed on 15th October 2019.

What is the price band for Gensol Engineering IPO?

The upper price band for the Gensol Engineering IPO is set at ₹ 83.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Gensol Engineering IPO Review?

For IPO analysis on Gensol 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.

How to Apply for Gensol Engineering IPO?

To apply for the Gensol 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 10th October 2019. After submission, funds are blocked until the basis of allotment of Gensol Engineering IPO is finalised.

Who is the merchant banker of Gensol Engineering IPO?

The merchant banker for Gensol Engineering IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gensol Engineering IPO RHP for further details.

Who is the Registrar of Gensol Engineering IPO?

The registrar for Gensol Engineering IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Gensol Engineering IPO through their official website or helpline.

What is the Gensol Engineering IPO subscription?

Gensol Engineering IPO was subscribed 1.32 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 17.93 Cr. Avg IPO Size (Sector Based) : ₹ 34.14 Cr.
  • Sector: Solar SME IPO so far: 16
  • Merchant Banker: Pantomath Capital SME IPO by BRLM so far: 103
  • City: Chandigarh SME IPO so far: 7
  • Revenue (annualised): ₹ 83.38 cr.
            PAT: (annualised): ₹ 6.49 cr.
  • PE Ratio: 10.50x Average Sector PE Ratio: 20.25x
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Tankup Engineers Limited

  Engineering

  Lucknow


Spinaroo Commercial Limited

  Aluminium

  Kolkata


Infonative Solutions Limited

  Information Technology

  New Delhi


Retaggio Industries Limited

  Jewellery

  Mumbai


Identixweb Limited

  Information Technology - SaaS

  Surat


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Gensol Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gensol Engineering Financial Review Page

Gensol Engineering IPO subscription was 1.32 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.

Gensol Engineering IPO listed at a listing price of 86.25 against the offer price of 86.00.

The current market price of Gensol Engineering is 77.29.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency