Garuda Construction and Engineering IPO Company Profile:
Garuda Construction and Engineering IPO is a book built issue of Rs 264.10 crores. The issue is a combination of fresh issue of 1.83 crore shares aggregating to Rs 173.85 crores and offer for sale of 0.95 crore shares aggregating to Rs 90.25 crores.
Garuda Construction and Engineering IPO opens for subscription on October 8, 2024 and closes on October 10, 2024. The allotment for the Garuda Construction and Engineering IPO is expected to be finalized on Friday, October 11, 2024. Garuda Construction and Engineering IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, October 15, 2024.
Garuda Construction and Engineering IPO price band is set at ₹92 to ₹95 per share. The minimum lot size for an application is 157 Shares. The minimum amount of investment required by retail investors is ₹14,915. The minimum lot size investment for sNII is 14 lots (2,198 shares), amounting to ₹208,810, and for bNII, it is 68 lots (10,676 shares), amounting to ₹1,014,220.
Garuda Construction and Engineering IPO Details:
| IPO Date | October 8, 2024 to October 10, 2024 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | ₹92 to ₹95 per share |
| Lot Size | 157 Shares |
| Total Issue Size | 27,800,000 shares (aggregating up to ₹264.10 Cr) |
| Fresh Issue | 18,300,000 shares (aggregating up to ₹173.85 Cr) |
| Offer for Sale | 9,500,000 shares of ₹5 (aggregating up to ₹90.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 74,741,742 |
| Share holding post issue | 93,041,742 |
Garuda Construction and Engineering Limited IPO
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Check Garuda Construction and Engineering Limited IPO Allotment Status
Garuda Construction and Engineering Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
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To Garuda Construction and Engineering Limited IPO Allotment Status
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Go to Application Status
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Select Garuda Construction and Engineering Limited IPO
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Enter your PAN Number or Application Id or DP Client Id.
Garuda Construction and Engineering Limited IPO
Application Form
Garuda Construction and Engineering IPO FAQ:
Ans. Garuda Construction and Engineering IPO is a main-board IPO of 27,800,000 equity shares of the face value of ₹5 aggregating up to ₹264.10 Crores. The issue is priced at ₹92 to ₹95 per share. The minimum order quantity is 157 Shares.
The IPO opens on October 8, 2024, and closes on October 10, 2024.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Garuda Construction and Engineering IPO opens on October 8, 2024 and closes on October 10, 2024.
Ans. Garuda Construction and Engineering IPO lot size is 157 Shares, and the minimum amount required is ₹14,915.
Ans. The Garuda Construction and Engineering IPO listing date is not yet announced. The tentative date of Garuda Construction and Engineering IPO listing is Tuesday, October 15, 2024.
Ans. The minimum lot size for this upcoming IPO is 157 shares.