Garuda Construction And Engineering Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding Date

    08-Oct-2024 to
    10-Oct-2024

  • Issue Size

    ₹264.1 Cr

  • Price Band

    ₹92 to ₹95

  • Allotment date

    11-Oct-2024

  • Listing date

    15-Oct-2024

  • Lot size

    157

  • No. of shares

    2,78,00,000

  • Fresh issue/OFS

    ₹173.85 Cr/₹90.25 Cr

About The Company

The company, incorporated on September 21, 2010, provides end-to-end civil construction services across various sectors, including residential, commercial, industrial, infrastructure, and hospitality. Its services cover the entire construction process, from detailed planning and resource mobilization to procurement, execution, and final handover. In addition to construction, the company also offers operations and maintenance (O&M) and mechanical, electrical, and plumbing (MEP) services. The company’s order book aggregates to Rs 1,40,827.44 lakhs, consisting of 12 ongoing projects, including large-scale contracts like residential and commercial buildings, slum rehabilitation projects, and infrastructure developments.

Read our in-depth analysis of the Garuda Construction And Engineering Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    1.2x

  • NIIs

    9x

  • Retail

    10.8x

  • Others

    --

  • Total

    7.5x

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FAQs for Garuda Construction And Engineering Ltd.

The issue size of Garuda Construction And Engineering Ltd is ₹264.10 Cr.

Garuda Construction And Engineering Ltd falls into Construction & Engineering industry.

The Garuda Construction And Engineering Ltd IPO will be listed on both NSE and BSE.

The open and close dates for the Garuda Construction And Engineering Ltd are 08-Oct-2024 & 10-Oct-2024.

The price band for the Garuda Construction And Engineering Ltd ipo is ₹92 to ₹95

The listing date of Garuda Construction And Engineering Ltd IPO is 15-Oct-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Garuda Construction And Engineering Ltd total subscription ratio is 7.5X.

Key financial of the Garuda Construction And Engineering Ltd are:


Garuda Construction And Engineering Ltd FY-24 FY-23 FY-22
Revenue (₹ Cr) 154.18 160.69 77.02
EBIT (₹ Cr) 49.38 55.13 26.85
Proft after Tax (₹ Cr) 36.44 40.8 18.78
Debt (₹ Cr) 0.15 0.19 11.99
Net Worth (₹ Cr) 119.01 82.61 41.79
RoE (%) 30.62 49.39 44.94