Exchanges
BSE, NSE
Industry
Aerospace & Defense
Issue
Book building

Garden Reach Shipbuilders & Engineers IPO

₹103.30

−12.46% on listing

Listing-day close · NSE · 10 Oct 2018 · issue price ₹118

Garden Reach Shipbuilders & Engineers’ ₹344 crore IPO was priced at ₹118 a share. It listed on the NSE on 10 Oct 2018 and closed its first day at ₹103.30, down 12.46% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹344 Cr
Fresh issue
—
Offer for sale
₹344 Cr
Lot size
120 shares
Minimum investment
₹14,160
Face value
₹10
Registrar
Alankit Assignments

Subscription

Garden Reach Shipbuilders & Engineers IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.01×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,352 Cr
Promoter holding
100.00% → 74.50%

From the offer documents.

Listing

Listing date
10 Oct 2018
Issue price
₹118
Open
₹102.50
High
₹109.00
Low
₹95.00
Close
₹103.30

Listing day on the NSE. The close was −12.46% on the issue price.

GRSE share price today

FAQs

When did the Garden Reach Shipbuilders & Engineers IPO open and close?

It opened on 24 Sep 2018 and closed on 1 Oct 2018.

What was the Garden Reach Shipbuilders & Engineers IPO price?

The price band was ₹114–118 a share. The final issue price was ₹118.

What is the lot size and minimum investment?

One lot is 120 shares, ₹14,160 at ₹118 a share. Retail investors apply in whole lots.

How much did Garden Reach Shipbuilders & Engineers raise?

₹344 crore: ₹344 crore offered by existing shareholders.

How many times was the Garden Reach Shipbuilders & Engineers IPO subscribed?

1.01 times overall.

How did Garden Reach Shipbuilders & Engineers list?

It listed on the NSE on 10 Oct 2018 at ₹102.50 and closed the day at ₹103.30, down 12.46% on the ₹118 issue price.

Who is the registrar of the Garden Reach Shipbuilders & Engineers IPO?

Alankit Assignments handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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