Gensol Engineering Limited IPO
(i) Gensol Engineering Limited (“Gensol”) is a Solar Design & Engineering company with a team of more than 500 employees and an experience of providing technical expertise over 18,000+ MW.
Gensol provides concept to commissioning solar advisory, engineering review, detailed engineering, construction supervision, quality control, and technical due diligence services for projects in India and abroad. Over the past 5 years, Gensol has built a credible reputation as a one-stop solution across the entire value chain of the solar industry by advising Governments policymakers, leading project developers, Solar EPC Companies, Lending Institutions and Vendors alike.
Gensol also undertakes turnkey Engineering, Procurement and Construction contracts under it’s EPC Business, with international footprints, with the help of team of 180+ engineers. In all, Gensol has, so far, erected solar power plants with a cumulative capacity of more than 188 MW+ on roofs as well as lands. The Gensol is ISO 9001:2015 certified Company for solar consultancy and EPC.
Gensol has also expanded wings in the international market by providing Consulting Services in countries like Indonesia, Nepal, Afghanistan, Sierra Leone, Chad, Gabon, Philippines, Oman, Ukraine and, Kenya. We have also an ongoing EPC project in Egypt. We are also entitled to a subsidy in some of our projects from SECI.
Gensol entered into a Joint Venture with Solarig N-Gage SA from Spain in March 2015, which has a global O&M experience to offer Operation & Maintenance Services (O&M Business) in India under Solarig Gensol Utilities Private Limited (“SGUPL”).
SGUPL provides preventive, corrective & predictive maintenance, onsite & remote SCADA monitoring & reporting, modules cleaning & vegetation abatement, facility management, health analysis, vendor warranty coordination etc. through computerized maintenance management system by IBM Maximo and thermo-graphic inspection & on-site IV Curve testing. SGUPL is maintaining over 2200+ MWp.
Gensun Renewable Private Limited (“GRPL”), subsidiary of Gensol. GRPL is engaged in renewable power generation and sale activity. GRPL has already entered into Power Purchase Agreement (PPA) with 3 clients for selling electricity generated from a cumulative 1.4MW Solar PV capacity.
Objects of the Gensol Engineering Limited IPO:
Gensol Engineering Limited IPO Details:
|Open Date:||Sep 30 2019|
|Close Date:||Oct 04 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Building|
|Issue Size:||17.93 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 81-83 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Oct 14 2019|
Promoters And Management:
Financials of Gensol Engineering Limited IPO:
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Lead Manager of Gensol Engineering Limited IPO:
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Bid Details of Gensol Engineering Limited IPO as on
04 Oct 2019 | 05:00:00 PM
|Category||No.of shares offered||No. of shares bid|