Teerth Gopicon Limited IPO is an NSE SME IPO. They are going to raise ₹40.44 Crores via IPO. The issue is priced at ₹111 to ₹111 per equity share. The IPO is to be listed on NSE.
Teerth Gopicon Limited IPO opens for subscription on April 08, 2024, and closes on April 10, 2024. The allotment for the Teerth Gopicon Limited IPO is expected to be finalized on April 12, 2024. Teerth Gopicon Limited IPO will list on NSE SME with tentative listing date fixed as April 16, 2024.
| IPO Details | allotment |
| Minimum Investment ₹133,200 /1 Lot (1200 shares) | Price Range ₹111-₹111 | |
| Max Quantity 1 Lots/1200 Shares | Max Investment ₹133,200 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 40.44 Cr | Employee Discount ₹0 |
| Total Issue Size 3,999,600 Shares (aggregating up to ₹44.40 Cr) | Share Holding Pree Issue 8,000,00 | Issue Type Fixed Price Issue IPO |
| Fresh Issue Share 3,999,600 Shares (aggregating up to ₹44.40 Cr) | Share Holding Post Issue 11,999,600 | Listing At NSE SME |
| Market Maker Portion 200,400 Shares (Giriraj Stock Broking) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 08 April 2024 |
| Offer Ends | 10 April 2024 |
| Allotment | 12 April 2024 |
| Refunds | 15 April 2024 |
| Credit of shares to Demat account | 15 April 2024 |
| IPO Listing | 16 April 2024 |
About Teerth Gopicon Limited
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 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.
| Incorporated in | Managing Director |
| 2019 | Mr. |
Share Holding
Maheshbhai Kumbhani, Chandrikaben Kumbhani and Pallav Kumbhani are the promoters of the company.
| Share Holding Pre-Issue | 96.5% |
| Share Holding Post-Issue | 64.33% |
Teerth Gopicon Limited IPO Prospectus
| Teerth Gopicon Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹3,914.87 | ₹3,120.77 | ₹4,620.74 |
| Assets | ₹4,743.30 | ₹4,217.16 | ₹3,115.47 |
| Profit | ₹179.22 | ₹15.27 | ₹46.45 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 133.2 Cr | ROE | 66.40% |
| P/E (X) | 49.55 | ROCE | 48.40% |
| POST P/E (X) | 14.16 | EPS | 2.24 |
| Debt to Equity | 0.6 | RONW | 22.72% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Funding the working capital requirements of our Company.
- General Corporate Purpose.
- .
Brokerage Firm IPO Review
- To be updated soon
| Teerth Gopicon Limited Contact Details | |
| Address | Teerth Gopicon Limited 703, Sapath Complex-I, Opp. Rajpath Club, Near Madhur Hotel, Bodakdev, Ahmedabad-380054 |
| Phone: | +91 9979840806 |
| investor@teerthgopicon.com | |
| Website | http://www.teerthgopicon.com/ |
| Teerth Gopicon Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Teerth Gopicon Limited IPO Allotment Status Check |
| Teerth Gopicon Limited IPO Allotment Status Check Click Here |
| Teerth Gopicon Limited Lead Managers | |
| Interactive Financial Services Ltd A – 1006, Premium House, B/h Handloom House, Ashram Road, Ahmedabad – 380009 | |
| Phone | +91-79-2658 1240 |
| info@iFinServices.com | |
| Website | http://ifinservices.com/ |
Teerth Gopicon Limited IPO FAQs
What is Teerth Gopicon Limited IPO?
- Teerth Gopicon Limited IPO is an NSE SME IPO. They are going to raise ₹44.40 Crores via IPO. The issue is priced at ₹111 to ₹111 per equity share. The IPO is to be listed on NSE.
- The IPO opens on April 08, 2024, and closes on April 10, 2024.
When Teerth Gopicon Limited IPO will open?
- The IPO is to open on April 08, 2024, for NII, and Retail Investors. and closes on April 10, 2024
What is Teerth Gopicon Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Teerth Gopicon Limited IPO Size?
- Teerth Gopicon Limited IPO size is ₹44.40 crores.
What is Teerth Gopicon Limited IPO Price Band?
- Teerth Gopicon Limited IPO Price Band is ₹111 to ₹111 per equity share.
What is Teerth Gopicon Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1200 Shares) with ₹133,200. and Maximum Lot Size 1 Lots (1200 Shares) with ₹133,200
What is Teerth Gopicon Limited IPO Allotment Date?
- Teerth Gopicon Limited IPO allotment date is April 12, 2024.
What is Teerth Gopicon Limited IPO Listing Date?
- Teerth Gopicon Limited IPO listing date is April 16, 2024. The IPO to list on NSE.