Incorporated in 2006, GG Engineering Ltd (GGEL) is an authorised O.E.A. of Ashok Leylend & Perkins make engine. They manufacture DG Sets in the range of 10 to 2250 KVA. They make DG Sets with Ashok Leylend Engine ranging from 10 to 250 KVA and with Perkins Engine ranging from 300 to 2250 KVA.
The company is equipped with all facilities to execute all types of manufacturing activities such as punching, forming, shearing, bending, fabrication, welding & assembly etc. Company's major customers include Sonali Electrical Sales & Service, R M S International Private Ltd, Raman General Pvt Ltd, Bondre Associates, ATR Enterprises, Prashant Electricals, Ashok Khandelwal, Kumar & Kumar Associates, Ms. Proviso Group, Gupta Builders and Developers.
The promoters of the company are:
1. Mr. Vinod Harmukhrai Beriwal
2. Mr. Kamal Beriwal
|Particulars||For the year/period ended (in Rs. Lacs)|
|Profit After Tax||1.61||13.55||1.39||(1.22)||0.53||57.98|
The objects of the Issue are:
1. To part-finance incremental working capital requirements
2. To meet the general corporate expenses
3. To meet the expenses of the Issue.
»» Issue Open: Jun 30, 2017 - Jul 7, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,116,000 Equity Shares of Rs 10 aggregating up to Rs 2.23 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 20 Per Equity Share
»» Market Lot: 6000 Shares
»» Minimum Order Quantity: 6000 Shares
»» Listing At: BSE SME
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Jun 30, 2017 17:00 IST||-||-||54000||54000|
|Day 2 - Jul 3, 2017 17:00 IST||-||-||108000||108000|
|Day 3 - Jul 4, 2017 17:00 IST||-||12000||162000||174000|
|Day 4 - Jul 5, 2017 17:00 IST||-||12000||210000||222000|
|Day 5 - Jul 6, 2017 17:00 IST||-||24000||402000||426000|
|Day 6 - Jul 7, 2017 17:00 IST||-||684000||1020000||1704000|
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