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Garuda Construction and Engineering Limited
Company websiteInvestor note: Garuda Construction and Engineering Limited aims to raise ₹2,78,00,000 crore. The fresh issue of ₹1,83,00,000 crore goes to the company while the OFS of ₹95,00,000 crore is an existing-shareholder sale.
Subscription window: 08-10-2024 to 10-10-2024. Allotment and listing timelines: 11-10-2024 / 15-10-2024. Tip: check promoter holding and recent financials before applying.
Start Date08-10-2024
End Date10-10-2024
Listing Date15-10-2024
Allotment Date11-10-2024
Current Price₹105
GMP₹0 (0.00%)
Lot Size157 Shares
Subscription7.55 Times
Face Value₹5 per share
Listing atNSE, BSE
Issue Price₹90 - ₹95
Pre Issue₹7,47,41,742
Post Issue₹9,30,41,742
Issue Size₹2,78,00,000
(aggregating up to 264.10 Cr)
(aggregating up to 264.10 Cr)
Fresh Issue₹1,83,00,000
(aggregating up to 173.85 Cr)
(aggregating up to 173.85 Cr)
Offer For Sale₹95,00,000
(aggregating up to 90.25 Cr)
(aggregating up to 90.25 Cr)
The Grey Market Premium (GMP) for Garuda Construction and Engineering Limited is currently around ₹0 (0.00%). This indicates an estimated listing price of approximately ₹90 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
19 Nov 2025, 09:25 | ₹95 | ₹0 | ₹95 (0.00%) |
01 Nov 2025, 11:58 | ₹95 | ₹0 | ₹95 (0.00%) |
26 Feb 2025, 12:52 | ₹95 | ₹0 | ₹95 (0.00%) |
Financials overview In Crores
Here is a quick look at the recent financial performance of Garuda Construction and Engineering Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
EPS | 4.87 | 5.46 | 2.51 |
ROE | 36.14 | 65.59 | 57.97 |
ROCE | 46.69 | 70.85 | 40.46 |
RONW | 30.62 | 49.38 | 44.94 |
PRE IPO(PE) | 19.49 | 0 | 0 |
POST IPO(PE) | 21.03 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹57.05 | 0 | 0.00 |
RETAIL | ₹92.44 | 0 | 0.00 |
HNIs 2+ | ₹13.21 | 0 | 0.00 |
HNIs 10+ | ₹26.41 | 0 | 0.00 |
Total | ₹0 | 0.00 | 0.00 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
HNIs (2-10L) | 632 | 6,392 | 10.11 |
RETAIL | 61,975 | 6,96,675 | 11.24 |
Total | 62,607 | 7,03,067 | 11.23 |
The IPO reservation for Garuda Construction and Engineering Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 30.17% | 60,04,862 |
HNI | 20.95% | 41,70,000 |
RETAIL | 48.88% | 97,30,000 |
TOTAL | 100.00% | 1,99,04,862 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 157 | ₹14,915 | |
sHNI | 14 | 2,198 | ₹2,08,810 | |
bHNI | 68 | 10,676 | ₹10,14,220 |
Below you can find the official contact details of Garuda Construction and Engineering Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Phone: +91 22 79635174
Address: 201, A Wing, Fortune 2000 C -3 Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
IPO Registrar
Name: Link Intime India Private Limited
Phone: +91-22-4918 6270