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Open
8 Apr 2024
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Close
10 Apr 2024
3
Allotment
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Listing
Tue, Apr 16, 2024
Price Band
₹111 per share
Issue Size
39,99,600 shares (agg. up to ₹44 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Apr 16, 2024
Latest GMP
₹16
Est. Gain
14.41%
✦ AI Insight
GMP Trend
16-04-2024₹16Est. ₹127+14.41%
15-04-2024₹16Est. ₹127+14.41%
14-04-2024₹20Est. ₹131+18.02%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 70.18x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 137.20 | 47.43 | 42.77 | 31.15 |
| Total Income | 69.70 | 39.15 | 31.21 | 46.21 |
| Profit After Tax | 7.84 | 1.79 | 0.15 | 0.46 |
| NET Worth | 15.73 | 7.89 | 6.09 | 5.94 |
| Reserves and Surplus | 7.73 | 2.89 | 1.09 | 0.94 |
| Total Borrowing | 9.37 | 3.38 | 13.66 | 9.34 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹54.35 (-3.98%) |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹57.70 (-0.43%) |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹115.20 (-3.19%) |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹158.35 (-2.88%) |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 (-1.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹64.50 (-4.94%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹162.00 (+1.25%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.00 (-0.24%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹493.20 (-0.76%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.40 (-1.86%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Working Capital requirement | 33.40 |
| 2 | General corporate purposes | 10.24 |
About Teerth Gopicon IPO
Teerth Gopicon Limited was incorporated in 2019 and is engaged in the business of road construction, sewerage and water supply in Madhya Pradesh. The company has also provided services as a subcontractor and built a residential tower in the city of Indore. The company has undertaken various works as a registered contractor of various central and state governments like ISCDL, IMC, USCL, UMC, MPJNM etc. and has also undertaken construction works for the private sector. The company has undertaken a wide range of civil engineering projects such as building construction, water supply, pipelines, sewage network, sewage treatment plant, nalla taps, reuse network, overhead tanks, GSR, road construction, lake rehabilitation, etc. As at February 29, 2024, the company had a total of 164 permanent employees (including workmen) in various departments.+ Read More
Contact Details
Teerth Gopicon Ltd. Address703, Sapath Complex-I, Opp.Rajpath ClubNear Madhur HotelBodakdevAhmedabad, Gujarat, 380054+91 9979840806investor@teerthgopicon.comVisit Website