Garuda Construction and Engineering Limited IPO : Good news is coming for IPO investors. Let us tell you that another Mainboard IPO is opening. We are talking about Garuda Construction and Engineering IPO.
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Garuda Construction and Engineering Limited IPO Timeline
This IPO will open for retail investors on October 8. Investors will have time till October 11 to place bets on the company’s IPO.
Garuda Construction and Engineering Limited IPO Price Band
The price band of Garuda Construction and Engineering IPO has been fixed at Rs 92 to Rs 95.
Garuda Construction and Engineering Limited IPO Lot Size
The company has made one lot of 157 shares for retail investors.
Garuda Construction and Engineering Limited IPO Minimum Investment
Investors will have to invest at least Rs 14,915.
Garuda Construction and Engineering Limited Listing
Company listing will take place on both BSE and NSE.
Garuda Construction and Engineering Limited IPO Size
The size of Garuda Construction and Engineering IPO is Rs 264.10 crore.
Garuda Construction and Engineering Limited IPO Details
The company will issue 1.83 crore shares through IPO. At the same time, an attempt will be made to raise Rs 90.25 crore by issuing 0.95 crore shares under Offer for Sale.
Garuda Construction and Engineering Limited IPO Lead Manager
The company has appointed Corpwis Advisors Private Limited as the lead manager for the IPO.
Garuda Construction and Engineering Limited IPO Registrar
Link Intime India Private Ltd has been appointed as the registrar.
Garuda Construction and Engineering Limited Company Details
Garuda Construction and Engineering company was established in 2010. According to the company’s official website, the company provides construction services for residential, commercial and industrial projects. Apart from this, the company also does maintenance work.
Garuda Construction and Engineering Limited Revenue
The company’s revenue during the last financial year was Rs 11.88 crore. Whereas, the profit has been Rs 3.5 crore.