Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Garuda Construction & Engineering IPO

₹106.36

+11.96% on listing

Listing-day close · NSE · 15 Oct 2024 · issue price ₹95

Garuda Construction & Engineering’s ₹264 crore IPO was priced at ₹95 a share. It listed on the NSE on 15 Oct 2024 and closed its first day at ₹106.36, up 11.96% on the issue price.

Timeline

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

Issue details

Issue size
₹264 Cr
Fresh issue
₹174 Cr
Offer for sale
₹90.25 Cr
Lot size
157 shares
Minimum investment
₹14,915
Face value
₹5
Registrar
MUFG Intime India

Subscription

Garuda Construction & Engineering IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—5.60×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹884 Cr
P/E (post-issue)
21.0
EPS (post-issue)
₹4.52
Price to book
6.0
ROE
36.14%
ROCE
46.69%
PAT margin
23.63%
Promoter holding
96.82% → 67.56%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
15 Oct 2024
Issue price
₹95
Open
₹105.00
High
₹120.99
Low
₹100.36
Close
₹106.36

Listing day on the NSE. The close was +11.96% on the issue price.

GARUDA CONSTRUCT N ENG L share price today

FAQs

When did the Garuda Construction & Engineering IPO open and close?

It opened on 8 Oct 2024 and closed on 10 Oct 2024.

What was the Garuda Construction & Engineering IPO price?

The price band was ₹90–95 a share. The final issue price was ₹95.

What is the lot size and minimum investment?

One lot is 157 shares, ₹14,915 at ₹95 a share. Retail investors apply in whole lots.

How much did Garuda Construction & Engineering raise?

₹264 crore: ₹174 crore of new shares and ₹90.25 crore offered by existing shareholders.

How many times was the Garuda Construction & Engineering IPO subscribed?

5.60 times overall.

How did Garuda Construction & Engineering list?

It listed on the NSE on 15 Oct 2024 at ₹105.00 and closed the day at ₹106.36, up 11.96% on the ₹95 issue price.

Who is the registrar of the Garuda Construction & Engineering IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

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

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