# GR ENGINEERING SERVICES LIMITED > Australian public company **Wikidata**: [Q109627004](https://www.wikidata.org/wiki/Q109627004) **Source**: https://4ort.xyz/entity/gr-engineering-services-limited ## Summary GR ENGINEERING SERVICES LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol GNG. It specializes in providing engineering services and was incorporated as a public company, enabling it to raise capital through the issuance of securities to the general public. As of November 18, 2021, the company had a market capitalization of AUD 327,300,861. ## Key Facts - **Official Name**: GR ENGINEERING SERVICES LIMITED. - **Stock Exchange Listing**: Listed on the Australian Securities Exchange (ASX) under ticker symbol **GNG** since April 19, 2011. - **Market Capitalization**: AUD 327,300,861 as of November 18, 2021. - **Legal Structure**: Classified as a public company, allowing it to offer securities to the public. - **Headquarters**: Based in Australia, as indicated by its ASX listing and designation as an Australian public company. ## FAQs **What does GR ENGINEERING SERVICES LIMITED do?** The company provides engineering services, leveraging its expertise to deliver solutions across various sectors. Its public company status enables it to access capital for operational expansion and project execution. **Where is GR ENGINEERING SERVICES LIMITED listed?** It is listed on the Australian Securities Exchange (ASX) under the ticker symbol **GNG**, with its shares available for public trading since April 19, 2011. **What is GR ENGINEERING SERVICES LIMITED’s market capitalization?** As of November 18, 2021, its market capitalization was AUD 327,300,861, reflecting the total value of its outstanding shares at that time. **Why is GR ENGINEERING SERVICES LIMITED significant in the Australian market?** As a publicly traded engineering firm, it contributes to the Australian economy by providing specialized services and creating investment opportunities for shareholders, aligning with the broader role of public companies in fostering economic growth. ## Why It Matters GR ENGINEERING SERVICES LIMITED plays a critical role in Australia’s engineering sector by delivering specialized services that support infrastructure and industrial projects. Its status as a public company facilitates access to capital, enabling it to undertake large-scale operations and compete effectively in the market. For investors, it offers exposure to the engineering industry through a regulated and transparent framework, contributing to the liquidity and diversity of the ASX. The company’s market presence underscores its importance as a service provider and employer, driving economic activity and innovation in Australia. ## Notable For - Being listed on the ASX, a premier exchange for Australian companies, under the ticker **GNG**. - Achieving a market capitalization of over AUD 327 million as of late 2021, reflecting its scale and investor confidence. - Specializing in engineering services, a critical sector for Australia’s infrastructure and industrial development. - Operating under a public company structure, ensuring adherence to rigorous regulatory standards and transparency requirements. ## Body ### History and Incorporation GR ENGINEERING SERVICES LIMITED was established as a public company, a structure that allows it to issue securities to the general public. The company’s shares began trading on the Australian Securities Exchange (ASX) on April 19, 2011, under the ticker symbol **GNG**. This listing marked a significant milestone, enabling the company to access public capital markets and expand its operational capabilities. ### Corporate Profile - **Official Name**: The company operates under the legal name **GR ENGINEERING SERVICES LIMITED**, reflecting its focus on engineering services. - **Public Company Status**: As a public company, it is owned by shareholders who collectively hold stakes in the business. This structure differentiates it from private enterprises, which restrict ownership to a limited group of investors. ### Market Presence - **ASX Listing**: The company’s shares are traded on the ASX, one of Australia’s primary stock exchanges, under the ticker **GNG**. This listing enhances its visibility and accessibility to domestic and international investors. - **Market Capitalization**: As of November 18, 2021, the company’s market capitalization stood at AUD 327,300,861. This figure represents the total value of its outstanding shares, calculated by multiplying the share price by the number of shares issued. ### Financial and Operational Overview - **Capital Raising**: The public company structure allows GR ENGINEERING SERVICES LIMITED to raise funds through equity issuance, supporting investments in projects, talent, and infrastructure. - **Services**: The company provides engineering services, which are essential for sectors such as construction, mining, and energy. Its expertise contributes to the development of critical infrastructure and industrial projects in Australia. ### Governance and Shareholder Structure - **Ownership**: As a public company, ownership is distributed among shareholders, including individual and institutional investors. Shareholders have the right to vote on key corporate decisions, such as electing the board of directors. - **Regulatory Compliance**: The company is subject to ASX listing rules and Australian securities regulations, ensuring transparency and accountability in its operations and financial reporting. ### Industry Role GR ENGINEERING SERVICES LIMITED operates within Australia’s engineering sector, a field vital to the nation’s economic growth. Its services support industries such as mining, energy, and infrastructure, which are cornerstones of the Australian economy. By delivering tailored engineering solutions, the company contributes to the completion of complex projects, fostering innovation and employment opportunities. ## References 1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)