📅Offer Date: 08 Oct 2024 – 10 Oct 2024
Data sourced from BSE & NSE · Last updated
Garuda Construction and Engineering Limited IPO was subscribed 7.55x in total when bidding closed on 10 Oct 2024, with 1.24x in the QIB category, 9.03x in NII, 10.81x in retail. The issue ran from 08 Oct 2024 to 10 Oct 2024 at a price band of ₹90.00–₹95.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (10.81x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 60,04,862 | 74,46,029 | 1.24x |
| NIIs | 41,70,000 | 3,76,55,100 | 9.03x |
| SNIIs (<10L) | 13,90,000 | 1,56,09,700 | 11.23x |
| BNIIs (>10L) | 27,80,000 | 2,20,45,400 | 7.93x |
| Retail | 97,30,000 | 10,51,81,300 | 10.81x |
| Total | 1,99,04,862 | 15,02,81,708 | 7.55x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 57.05 | 70.74 | 1.24x |
| NIIs | 39.62 | 357.72 | 9.03x |
| Retail | 92.44 | 999.22 | 10.81x |
| Total | 189.10 | 1427.68 | 7.55x |
Values derived from share count × issue price (₹95.00)
Because Garuda Construction and Engineering Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.