ResGen IPO subscription status started on Tuesday February 28, 2023 and will close on March 2, 2023. ResGen IPO to raise around ₹28.20 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹45 to ₹47 per equity share.
The ResGen IPO minimum market lot is 3000 shares with ₹141,000 application amount. The IPO to list on BSE.
ResGen Limited is doing the process of manufacturing Pyrolysis Oil from plastic waste. The company aims to use the waste of plastics and make an environment-saving project. The companies headquarter is in Mumbai. ResGen is an accredited recycler, helping companies meet their recycling goals through partnerships, pickups, and strategies.
IPOWatch View
We recommend investors may apply an IPO with Longterm Views. Investors should also look at the NII, and Retail numbers before investing.
ResGen IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.38 | 0.75 | 1.09 |
| NII | 0.63 | 0.97 | 3.87 |
| RII | 0.80 | 1.44 | 3.88 |
| Total | 0.56 | 1.03 | 2.50 |
ResGen IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
ResGen IPO Review
- May Apply
ResGen IPO Date & Price Band
| IPO Open: | February 28, 2023 |
| IPO Close: | March 2, 2023 |
| IPO Size: | Approx ₹28.20 Crores, 6,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 to ₹47 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
ResGen IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹141,000 |
| Retail Maximum | 1 | 3000 | ₹141,000 |
| S-HNI Minimum | 2 | 6000 | ₹282,000 |
ResGen IPO Subscription Dates
| IPO Open Date: | February 28, 2023 |
| IPO Close Date: | March 2, 2023 |
| Basis of Allotment: | March 8, 2023 |
| Refunds: | March 9, 2023 |
| Credit to Demat Account: | March 10, 2023 |
| IPO Listing Date: | March 13, 2023 |
ResGen IPO Form
How to apply for the ResGen IPO? You can apply for ResGen IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the ResGen IPO in the Invest section. The other option is you can apply for ResGen IPO via IPO forms downloaded via BSE. Check out the ResGen forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
