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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹28.20 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹28.20 Cr |
| Fresh Issue | ₹26.79 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹45.00-47.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543805 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Gretex Corporate Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2018, ResGen Limited is engaged in the process of manufacturing Pyrolysis Oil (a substitute for furnace oil) from all kinds of waste plastics. The company's headquarter is situated in Mumbai. The company was envisioned to make environment-saving projects commercially viable and highly scalable.
The products of the company revolve around PYROLYSIS OIL.
The heavy usage of Plastic in various and diverse segments is creating hazardous issues for the environment and ResGen Limited with its sustainable solution strives at addressing these problems.
ResGen was founded on the idea of using plastic waste and converting it into a substitute for fuel. The company has come up with an ingenious, eco-friendly solution, which uses each by-product to increase efficiency. This not only offers alternate use of plastic waste but add an additional solution for fuel.
ResGen call this innovation: PlasEco. During the manufacturing of PlasEco, they are able to repurpose the by-products generated, such as Carbon, which substitutes for coal; and Gas, which substitutes for LPG.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 17.50 |
| 2 | Purchase of the land where our Manufacturing facility is currently situated | 1.76 |
| 3 | General Corporate Purposes | 5.74 |
| Period Ended | 05 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 39.18 | 13.71 | 11.10 | 1.62 |
| Total Income | 12.65 | 4.81 | 0.02 | |
| Profit After Tax | 2.46 | 0.74 | 0.01 | -0.15 |
| NET Worth | 15.10 | 3.67 | 1.37 | 1.36 |
| Reserves and Surplus | 10.91 | 1.47 | -0.18 | -0.18 |
| Total Borrowing | 14.86 | 9.33 | 9.61 | 0.24 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 20% |
| ROCE | 14.57% |
| Debt / Equity | 2.54% |
| RoNW | 20% |
| PAT Margin | 15.29% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 17.90 | |
| P/E (x) | 27.33 | |
| Promoter Holding | 94.15% | 67.22% |
| Market Cap | ₹98.58 Cr. | |
