
Energy & Environment · BSE
Incorporated in 2018 and headquartered in Mumbai, ResGen Limited is engaged in manufacturing Pyrolysis Oil, a sustainable substitute for furnace oil, from waste plastics. The company was founded with the vision of turning environmentally conscious projects into scalable commercial ventures. Its core innovation, PlasEco, transforms plastic waste into eco-friendly fuel alternatives while repurposing by-products like carbon (as a coal substitute) and gas (as an LPG substitute). Through this process, ResGen addresses the growing environmental challenges posed by plastic waste and promotes a circular economy by converting waste into valuable energy resources.
Price Band
₹45 – ₹47
Issue Size
₹28.20 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹47
at current GMP
Subscribed
2.50x
overall
Open
28 Feb 2023
Close
2 Mar 2023
Allotment
8 Mar 2023
Refund
9 Mar 2023
Demat Credit
10 Mar 2023
Listing
13 Mar 2023
Overall Subscription
2.50x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,000,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 900,000 | — | 0.00x |
| Retail Individual (RII) | 2,100,000 | — | 0.00x |
| Total | 6,000,000 | 0 | 2.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 700 | 1,750 | 2.50x |
| HNIs (10L +) | 4 | 10 | 2.50x |
| HNIs (2-10L) | 21 | 53 | 2.52x |
| Total Applications | 725 | 1,813 | 2.50x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
ResGen Limited is bringing an initial public offering (IPO) in the Energy & Environment sector with an aggregate issue size of ₹28.2 Crores. The shares are offered at a price band of ₹45 to ₹47 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-03-02, the basis of allotment is scheduled to be finalized on 2023-03-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Currently, ResGen Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹45 to ₹47 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,41,000. Expected listing price is ₹47 per equity share.
The ResGen Limited IPO aggregate issue size is ₹28.2 Crores with an equity price band set at ₹45 to ₹47 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,41,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.50x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-03-08. Investors can verify status using PAN card or application number.
ResGen Limited shares are scheduled to list on BSE on 2023-03-13.