Garuda Construction and Engineering Limited

Garuda Construction and Engineering Limited

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₹14,915(157 Shares)

Minimum Investment

IPO Dates

Oct 8, 2024 – Oct 10, 2024

Price Band

₹90–95 per equity share

Lot Size

157

Listing

Oct 15, 2024

Listing At

BSE, NSE

Oct 8, 2024Open DateCompleted
Oct 10, 2024Close DateCompleted
TBAAllotment DateUpcoming
Oct 15, 2024Listing DateCompleted

Garuda Construction and Engineering Limited Live Subscription Details

All IPOs
QIB1.24x
Retail10.81x
NIIs
9.03x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

7.93x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

11.23x

Overall Subscription

Total Bids Received

7.55x

Garuda Construction and Engineering Limited IPO Issue Details

Issue Price
₹92-95 Per Equity Share
Face Value
₹5 Per Equity Share
Fresh Share
1,83,00,000 shares(aggregating up to ₹173.85 crore)
Listing At
BSE, NSE
Listing Date
Oct 15, 2024
Registrar
Link Intime India Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)1157₹14,915
Retail (Max)132,041₹1,93,895
sHNI (Min)142,198₹2,08,810
sHNI (Max)6710,519₹9,99,305
bHNI (Min)6810,676₹10,14,220

Reservation Details

15%

NII

41.7L

21.6%

QIB

60.05L

28.4%

Anchor

78.95L

Company Information

Garuda Construction and Engineering Limited was incorporated on 21st day of September, 2010, and is a fast-emerging civil construction company undertaking comprehensive construction services in reside...

Valuations

EPS (Pre-IPO)

4.87

EPS (Post-IPO)

4.52

P/E (Pre-IPO)

19.49

P/E (Post-IPO)

21.03

RoNW

30.62%

PAT Margin

23.63%

P/B Value

5.97

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets228.49176.35111.03
Total Revenue154.47161.0277.03
Profit After Tax36.4440.818.78
Net Worth119.0182.6141.79

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Working Capital Requirements
  2. 2General Corporate Expenses and unidentified inorganic acquisitions
  3. 3Cover the Issue Expenses

Garuda Construction and Engineering Limited – Promoter(s)

Pravinkumar Brijendra Kumar Agarwal
PKH Ventures Limited
Makindian Township Private Limited

Contact Details

Corporate Office

201, A Wing, Fortune 2000 C -3 Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051

+91 22 79635174

compliance@garudaconstructionengineering.com

Visit Website

Garuda Construction and Engineering Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

garudaconstructions.ipo@linkintime.co.in

Visit Registrar Website

Garuda Construction and Engineering Limited IPO Documents

Frequently Asked Questions — Garuda Construction and Engineering Limited IPO

The Garuda Construction and Engineering Limited IPO price band is set at ₹90.00 to ₹95.00 per equity share.

The lot size for Garuda Construction and Engineering Limited IPO is 157 shares per lot. The minimum investment amount is approximately ₹14,915.

The Garuda Construction and Engineering Limited IPO opens on Oct 8, 2024 and closes on Oct 10, 2024.

Garuda Construction and Engineering Limited IPO is expected to be listed on Oct 15, 2024 on BSE, NSE.

The current GMP for Garuda Construction and Engineering Limited IPO is ₹0, suggesting an expected listing price of around ₹90.00. Note: GMP is an unofficial market indicator.

The registrar for Garuda Construction and Engineering Limited IPO is Link Intime India Private Ltd. You can contact them at garudaconstructions.ipo@linkintime.co.in.

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