The details about the Garuda Construction and Engineering IPO are as:
- The issue size of the IPO is 264.10 Cr.
- The price band for Garuda Construction and Engineering IPO is Rs 92 to Rs 95.
- The shares of Garuda Construction and Engineering IPO will list on 15th October 2024.
- The latest tentative GMP of Garuda Construction and Engineering IPO is Rs 10.
- The shares of Garuda Construction and Engineering IPO are subscribed 7.55 Times as of 10th October 2024.
Garuda Construction and Engineering IPO Valuation
The approx valuation of Garuda Construction and Engineering IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 95 |
| Existing Shares (Qty) |
7.47 Cr |
| Fresh Issue |
173.85 Cr |
| Market Cap |
883.5 Cr |
| EPS (FY24) |
Rs 4.87 |
| PE Ratio |
19.50x |
| Industry PE |
27.58x |
Garuda Construction and Engineering IPO Issue Size
Garuda Construction and Engineering IPO issue size is 264.10 Cr.
| Issue |
Amount |
| Fresh Issue |
173.85 Cr |
| Offer For Sale |
90.25 Cr |
Garuda Construction and Engineering IPO Market Lot
An Individual can apply for a minimum 1 lot of 157 shares and a maximum of 13 lots of 2041 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
157 |
Rs 14,915 |
| Maximum |
13 |
2041 |
Rs 1,93,895 |
Garuda Construction and Engineering IPO share offer
The shares of Garuda Construction and Engineering IPO are subscribed 7.55 Times as of 10th October 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscribed |
| Qualified Institutional |
Maximum 50% |
1.24 Times |
| Non-Institutional |
Minimum 15% |
9.03 Times |
| Retail Individual |
Minimum 35% |
10.81 Times |
| Total |
|
7.55 Times |
Find below the dates for Garuda Construction and Engineering IPO:
| Schedule |
Date |
| Basis of Allotment |
11 October 2024 |
| Refunds |
14 October 2024 |
| Credit to Demat Account |
14 October 2024 |
| IPO Listing Date |
15 October 2024 |