ResGen Limited
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Following its successful public offering, ResGen Limited's made its market debut on Mar 13, 2023 and is now actively traded on the BSEplatform. The IPO mobilized 17,00,000 Shares in total capital, including 17,00,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹45 to ₹47 and minimum investment lots of 3000 shares. Investor participation during the subscription window from Feb 28, 2023 to Mar 02, 2023 demonstrated market confidence in the company's prospects.
The allotment process concluded on Mar 08, 2023, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2018 and headquartered in Mumbai, ResGen Limited is engaged in manufacturing Pyrolysis Oil, a sustainable substitute for furnace oil, from waste plastics. The company was founded with the vision of turning environmentally conscious projects into scalable commercial ventures. Its core innovation, PlasEco, transforms plastic waste into eco-friendly fuel alternatives while repurposing by-products like carbon (as a coal substitute) and gas (as an LPG substitute). Through this process, ResGen addresses the growing environmental challenges posed by plastic waste and promotes a circular economy by converting waste into valuable energy resources.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Karan Atul Bora
- Mr. Kunal Atul Bora
ResGen Limited
Bigshare Services Private Limited