GI Engineering Solutions Rights Issue

GI Engineering Solutions Rights Issue will open for subscription from 27 April 2023. the company aims for an issue size of ₹49.86 Crores through this rights Issue.

About the company

Incorporated in 2006, GI Engineering Solutions Limited specializes in providing civil engineering and IT support services. The company provides Civil Design, Project Management, Environmental Studies, Land Planning, Structural Design, and Surface Water Management services.

Objectives of the Issue

Rights Issue Timetable

Last Date to buy shares17 April 2023
Record Date18 April 2023
Credit of Rights Entitlements
Bid/Offer Opens On27 April 2023
Renunciation of Rights Entitlements03 May 2023
Bid/Offer Closes On09 May 2023
Deemed Date of Allotment
Credit Date
Listing Date

GI Engineering Solutions Rights Issue Details

Issue OpenApr 27, 2023 – May 9, 2023
Security NameGI Engineering Solutions Limited
Issue Size (Shares)49,860,082
Issue Size (Amount)₹49.86 Crores
Issue Price₹10 per share
Face Value₹10 per share
Listing AtBSE, NSE
Terms of PaymentFull amount of Rs. 10/- per Equity Share payable on application.
Entitlement11 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Amount in ₹ Crore)

Rights Issue Documents

Lead Manager(s)

Rights Issue Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200

Company Contact Information

GI Engineering Solutions Limited
Andheri (East),
Mumbai-400 096

Phone: 022-44884488

Final Thoughts

Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.

Happy investing

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