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Business

Be ready to invest, ResGen’s IPO will open Next Week, Know details

ResGen IPO: if you continuously look for opportunities to invest in IPOs then an opportunity is coming next week for you. The IPO of RenGen, a plastic waste management company, will open to subscribe next week.---Advertisement--- According to the information given by the company, the IPO will be open on the 28th of February and […]

ResGen IPO: if you continuously look for opportunities to invest in IPOs then an opportunity is coming next week for you. The IPO of RenGen, a plastic waste management company, will open to subscribe next week.

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According to the information given by the company, the IPO will be open on the 28th of February and Investors can bid on it by March 2. The Shares of RenGen will be listed on BSE on 13 March.

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Price Band and a Lot size of RenGen IPO

The Promoters of RenGen have decided a Price band of 45-47 rupees for IPO. The company has offered a lot size of 3,000 shares so an investor needs to invest Rs 1,41,000 to subscribe to the IPO.

ReGen IPO size

RenGen would collect 28.20 crores with this IPO. According to the information given by the company 50 percent of shares will be reserved for Quality Institutional Buyers (QIB), 15 percent be reserved for high-net-worth individuals (HNI) and 35 percent will be available for retail investors.

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Important Dates

IPO Open for subscription – 28 February

Last Date To subscribe –  02 march

Listing Date – 13th march

Also Read: 7th Pay Commission: Good news for over 1 crore govt employees before hole; Salary to be hiked by THIS much; details

First published on: Feb 24, 2023 04:00 PM IST


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