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GG Engineering Rights Issue 2022 Date, Price, Form, Allotment & Ratio

Written by 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
Year Revenue Expense PAT
2020 ₹1.65 ₹1.62 0.01
2021 ₹2.78 ₹2.73 0.02
2022 ₹1.55 ₹1.56 0.02

Quick Links

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]

Website: http://www.kfintech.com

Check GG Engineering issue on KFintech the website allotment URL. Click Here

GG Engineering Rights Issue Lead Managers

Company Address:

GG Engineering Limited

Office No. 203, 2nd Floor,

Shivam Chambers CS Ltd.

S.V. Road, Near Sahara Apartment,

Mumbai, Maharashtra – 400104

Tel: 0022-49241267

Email: [email protected]

Website: http://www.ggengg.in

GG Engineering Rights Issue FAQs:

When is GG Engineering Rights Issue 2022 Record Date?

GG Engineering Rights Issue 2022 record date is August 10, 2022.

What is GG Engineering Rights Issue 2022 Price?

The company has fixed the price at ₹1.80 per equity share.

What is the GG Engineering Rights Issue 2022 Ratio?

The company has fixed the ratio 35:13, 35 Rights Equity Share for every 13 Equity Shares as on record date.

How to apply for GG Engineering Rights Issue 2022?

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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