ResGen Limited
ResGen Limited
ResGen Limited, headquartered in Mumbai, is involved in the production of pyrolysis oil. Incorporated in 2018, the company is aimed at producing environmentally friendly projects.
Heavy usage of plastics causes a harmful impact on the environment, and the company addresses these problems with its sustainable solutions.
The company has come up with an idea to convert plastic waste into a substitute for fuel. Also, it developed a brilliant eco-friendly solution that increases efficiency by utilising by-products.
This not only provides an alternative to the use of plastic waste, but it also includes fuel-related solutions.
Purpose of an issuing IPO
- To meet working capital requirements
- To fulfill corporate expenses
- purchase of the property where our manufacturing plants are currently located.
Company Financials (Amt. in lakhs)
| Period Ended | Total Assets | Total Borrowing | Profit After Tax | Total Revenue |
| 31-Mar-21 | 1,110.01 | 961.33 | 0.63 | 2.00 |
| 31-Mar-22 | 1371.31 | 932.92 | 73.50 | 480.81 |
| 05-Dec-22 | 3917.97 | 1486.06 | 246.44 | 1265.34 |
IPO Details
| Opening Date | Feb 28, 2023 |
| Closing Date | Mar 2, 2023 |
| Listing Date | Mar 13, 2023 |
| Face Value | Rs.10 each share |
| Price | Rs.45 to Rs.47 each share |
| Lot Size | 3000 shares |
| Issue Size | 6,000,000 shares |
| Fresh Issue | 6,000,000 shares |
| Listing At | BSE SME |
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