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G G Engineering Limited Rights Issue (G G Engineering Rights Issue) Detail

Aug 22, 2022 - Sep 7, 2022
G G Engineering Limited Logo

GG Engineering Limited supplies industrial engines for various applications, marine engines, sheet metals for air conditioning components, custom-built generator sets for both stationary and mobile applications and spare parts for diesel genset to the local and International markets. The company was established to cater to the rising demand for quality sheet metal and heavy steel products.

Inspired by the Swachh Bharat Abhiyan, GG Engineering has launched India's first fully-automated and smart Reverse Vending Machines (RVMs) to enable environment-friendly disposal of plastic and other wastes.

G G Engineering Rights Issue Detail

Issue Open Aug 22, 2022 - Sep 7, 2022
Security Name G G Engineering Limited
Issue Size (Shares) 277,578,135
Issue Size (Amount) ₹49.96 Crores
Issue Price ₹1.8 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment The full amount of Rs 1.80 per share has to be paid at the time of Application.
Entitlement 35 Equity Shares for every 13 Equity Shares held on the Record Date

G G Engineering Rights Issue Issue Timetable

Bid/Offer Opens On Aug 22, 2022
Bid/Offer Closes On Sep 7, 2022
Record Date Aug 10, 2022
Deemed Date of Allotment
Renunciation of Rights Entitlements Sep 1, 2022

G G Engineering Rights Issue Documents

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Company Contact Information

G G Engineering Limited




Phone:
Email:
Website: http://

G G Engineering Rights Issue Registrar

G G Engineering Rights Issue Lead Manager(s)

G G Engineering Rights Issue FAQs

The G G Engineering Rights Issue opens on Aug 22, 2022, and closes on Sep 7, 2022.

G G Engineering Rights Issue Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsSep 1, 2022
Issue Opening DateAug 22, 2022
Issue Closing DateSep 7, 2022
Date of Allotment (on or about)
Date of Credit (on or about)
Date of Listing (on or about)

G G Engineering Rights Issue price is set at ₹1.8 per share per equity share.

The eligible shareholders are being offered 35 Equity Shares for every 13 Equity Shares held on the Record Date (Aug 10, 2022).

The record date for the G G Engineering Rights Issue is Aug 10, 2022.

The issue size of G G Engineering Rights Issue is of 277,578,135 equity shares at ₹1.8 per share aggregating upto ₹49.96 Crores.

The Letter of Offer for G G Engineering Rights Issue can be download here.

You can apply for G G Engineering Rights Issue in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for G G Engineering Rights Issue using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the G G Engineering Rights Issue available on the list.
  4. Click the Apply button next to the G G Engineering Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for G G Engineering Rights Issue using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select G G Engineering Rights Issue from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

8 Comments

8. kiran sangale   I Like It. | Report Abuse |   Link | Aug 19, 2022 1:37:52 PM Reply
i have 350 GG engineering shares... i got a message that 942 shares are allotted in account on 16 aug 2022... but i cant see the 942 shares in my account .

what to do to get the 942 shares in my account ? whether i have to apply seperately ?
7. Ram singh   I Like It. | Report Abuse |   Link | Aug 18, 2022 12:41:37 AM Reply
I got the msg from ggeng for RE. But how to buy them through zerodha or online. Where I can purchase them. I have no clue about it. advise plz
6. BPGUPTA   I Like It. | Report Abuse |   Link | Aug 16, 2022 10:48:30 PM Reply
I have 1600 shares , today I got message that 4307 quantity credited.What does it means?
Can I still eligible for right issue application.
Or it is done automatically.
5. Manohara   I Like It. | Report Abuse |   Link | Aug 15, 2022 10:54:35 PM Reply
For 8500 share how much can I apply
5.1. Vinod   I Like It. | Report Abuse |   Link | Aug 16, 2022 10:53:24 AM
(8500/13)*35 = 22,884
4. Yogesh   I Like It. | Report Abuse |   Link | Aug 16, 2022 9:59:37 AM Reply
How to sell Right Entitlement on Zerodha? Pls advice the symbol to use
3. IrshD   I Like It. | Report Abuse |   Link | Aug 11, 2022 12:19:33 AM Reply
How I apply for RE
2. Ashok   I Like It. | Report Abuse |   Link | Aug 10, 2022 11:45:41 AM Reply
I have 1800 shares. How much i get if i apply for right issue?
2.1. MS ASSOCIATE   I Like It. | Report Abuse |   Link | Aug 10, 2022 4:35:19 PM
Sory Sir,mistake by our staff.
Apply 269 Shares in right issue at 1.80/-on 22 Aug 2022.
Befor opening of issue GG Eng RE credited to your demat account.
1. Vinod   I Like It. | Report Abuse |   Link | Aug 8, 2022 3:29:33 PM Reply
I have 100 shares. How many share I can apply for.
1.1. MS ASSOCIATE   I Like It. | Report Abuse |   Link | Aug 9, 2022 5:09:11 PM
35 Equity Shares for every 13 Equity Shares,
Apply 2692 Shares
1.2. Vinod Kumar   I Like It. | Report Abuse |   Link | Aug 10, 2022 12:13:32 PM
You mean 269 shares? I have only 100 shares not 1000. Although your calculation helped. Thank you.