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Open
8 Oct 2024
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Close
10 Oct 2024
3
Allotment
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Listing
Tue, Oct 15, 2024
Price Band
₹90 to ₹95
Issue Size
2,78,00,000 shares (agg. up to ₹264 Cr)
Lot Size
157 Shares
Listing Date
Tue, Oct 15, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.60x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Apr 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 234.84 | 228.49 | 176.35 | 111.03 |
| Total Income | 11.88 | 154.47 | 161.02 | 77.03 |
| Profit After Tax | 3.50 | 36.44 | 40.80 | 18.78 |
| NET Worth | 122.51 | 119.01 | 82.61 | 41.79 |
| Reserves and Surplus | 85.16 | 81.65 | 70.13 | 29.34 |
| Total Borrowing | 0.15 | 0.15 | 0.19 | 11.99 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Arkade Developers Ltd. | Mainboard | ₹410.00 Cr | ₹128 | 16.01 | ₹165.86 | +29.58% | ₹123.09 |
| Suraj Estate Developers Ltd. | Mainboard | ₹400.00 Cr | ₹360 | 35.64 | ₹334.50 | -7.08% | ₹173.92 |
| Mason Infratech Ltd. | SME | ₹30.46 Cr | ₹64 | 24.33 | ₹92.40 | +44.38% | ₹112.05 |
| V R Infraspace Ltd. | SME | ₹20.40 Cr | ₹85 | 20.99 | ₹87.40 | +2.82% | ₹112.45 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 100.00 |
| 2 | General Corporate Purposes including unidentified inorganic acquisitions | 59.67 |
About Garuda Construction IPO
Updated on Aug 5, 2026
Contact Details
Garuda Construction & Engineering Ltd. Address201, A WingFortune 2000 C-3 Block, Bandra Kurla ComplexBandra (East)Mumbai, Maharashtra, 400051+91 22 79635174compliance@garudaconstructionengineering.comVisit Website