Garuda Construction IPO Reservation
The Garuda Construction IPO is a book build issue with a total issue size of ₹264.1 cr, comprising of fresh issue of 18300000 equity shares., and a offer for sale of 9500000 equity shares. Garuda Construction IPO opened for subscription on Oct 08, 2024 and closed on Oct 10, 2024. Garuda Construction IPO is set price band at ₹92 to ₹95 per share, with a lot size of 157 shares. Minimum investment for Retail investors was ₹14,915.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 11, 2024, and listed on both the NSE and BSE on Oct 15, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Corpwis Advisors Private Limited IPO Lead Manager are the Book Running Lead Manager for the issue.
Before investing in the Garuda Construction IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 7895138 | 28.4 | 0 |
| Qualified Institutions | 6004862 | 21.6 | 0 |
| Non-Institutional | 4170000 | 15 | 0 |
| BNII | 2780000 | 10 | 0 |
| SNII | 1390000 | 5 | 0 |
| Retail Investors | 9730000 | 35 | 0 |
| Total | 27800000 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Garuda Construction IPO is a Book-building IPO with a total issue size of ₹264.1 crore. The Garuda Construction IPO price band is ₹92 to 95 per share. The Garuda Construction IPO subscription opens on Tue, Oct 8, 2024, and closes on Thu, Oct 10, 2024. The Garuda Construction IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Garuda Construction IPO.
The Garuda Construction IPO opens on Tue, Oct 8, 2024 and closes on Thu, Oct 10, 2024
Garuda Construction IPO Price Band is ₹92 to 95 per share.
Garuda Construction IPO lot size is 157 shares, Retail investors need a minimum investment of ₹14915 based on the upper price band
The minimum investment for Garuda Construction IPO is ₹14915, based on one lot of 157 shares at the upper price band of ₹95 per share.
Investors can apply for the Garuda Construction IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Oct 10, 2024. The application amount remains blocked until the Garuda Construction IPO allotment is finalized.
Garuda Construction IPO issue size is ₹264.1 crores.
Garuda Construction IPO allotment date is Wed, Jul 1, 2026.
The registrar for Garuda Construction IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Garuda Construction IPO allotment status, refund processing, and other IPO-related information.
The Garuda Construction IPO GMP (Grey Market Premium) is ₹5 as of Tue, Oct 15, 2024. Based on the upper price band of ₹95 per share, the estimated Garuda Construction IPO listing price is ₹100, indicating a potential listing gain of approximately 0% over the issue price.