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Garuda Construction & Engineering Ltd.

Construction - Real Estate

IPO Details
  • Issue Type Book building
  • Price range Rs.90-95
  • Market Lot 157
  • Total Equity Shares 19904862
  • Face Value Rs. 5
  • Listing Date Oct 15, 2024
IPO Timeline
Opening date Oct 08, 2024
Closing date Oct 10, 2024
Listing Date Oct 15, 2024

IPO Details

Our Company, is a growing civil construction company with growth in revenue from operations of ? 3642.70 lakhs for the four-month period ended July 31, 2023, ? 16068.76 lakhs, ? 7702.08 lakhs, and ? 7195.52 lakhs or Fiscal 2023, Fiscal 2022, and Fiscal 2021, respectively. We provide end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects and additional services for infrastructure and also hospitality projects, Wherein, civil construction includes construction of residential, hospitality, industrial, infrastructural and commercial buildings, construction of concrete building structures and composite steel structures which are required for the civil construction. Further, we are also involved in sector pertaining to civil construction cum services. The construction of concrete building structures and composite steel structures are procured by us from underlying sub-contractors as per specified designs which may be mandated by overlying developers or by our own engineering teams. Further, we also provide services such as operations and maintenance services (“O&M”) and Mechanical, Electrical and Plumbing (“MEP”) services and finishingworks as a part of our construction services. Hence, all-in-all we offer complete construction services under our banner.

Projects

1. Project Name: Working Capital Requirement

Project Cost: 1000

Promoters

Prmoters Name

1. Pravinkumar Brijendra Kumar Agarwal

2. PKH Ventures Limited

3. Makindian Township Pvt Ltd.

Prmoters Holdings
  • Pre Share Capital: 72360730
  • Pre Promoter Holding: 96.81
  • Offer to Public: 27800000
  • Post Share Capital: 62860730
  • Post Promoter Holding: 67.56

Registrar

Data not availble

Lead Managers

  • Corpwis Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2819
Total Equity 19904862

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 6004862
No of Shares Bid For Qualified Institutional Buyers 7471316
Total No of Shares Bid For Qualified Institutional Buyers 1.24
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 7191699
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 279617
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 4170000
No of Shares Bid For Non-Institutional Buyers 37669952
Total No of Shares Bid For Non-Institutional Buyers 9.03
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 461580
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 34645347
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 2563025
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 9730000
No of Shares Bid For Retail Individual Investor 105203031
Total No of Shares Bid For Retail Individual Investor 10.81
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 94998816
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 10204215
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 19904862
No of Shares Bid For All 150344299
Total 7.55