Garden Reach Shipbuilders & Engineers IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 344.69 Cr. The company is based in Kolkata and caters to Defence sector. Idbi Capital Market Services , Yes Securities (India) are the merchant bankers of Garden Reach Shipbuilders & Engineers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th March 2018.
Garden Reach Shipbuilders & Engineers IPO open date is 24th September 2018 and close date is 1st October 2018. IPO Allotment Date is 1st October 2018 and Listing date is 10th October 2018.Garden Reach Shipbuilders & Engineers IPO size is ₹ 344.69 Cr. with IPO price of ₹ 118.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Idbi Capital Market Services Limited is the book-running lead manager of the Garden Reach Shipbuilders & Engineers IPO. Alankit Assignments Limited is the Registrar for Garden Reach Shipbuilders & Engineers IPO.
Garden Reach Shipbuilders & Engineers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Garden Reach Shipbuilders & Engineers IPO, based in Kolkata, operates in the Defence sector with a focus on shipbuilding and ship repair. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Garden Reach Shipbuilders & Engineers IPO size is ₹ 344.69 Cr. with fresh issue size of ₹ 345 and Offer for sale being ₹ Nil
The IPO allotment date for Garden Reach Shipbuilders & Engineers IPO is expected to be 1st October 2018, after the finalization of basis of allotment. Investors can check Garden Reach Shipbuilders & Engineers IPO allotment status on the registrars website, Alankit Assignments Limited . Garden Reach Shipbuilders & Engineers IPO refund dates are 3rd October 2018.
Garden Reach Shipbuilders & Engineers IPO is expected to be listed on 10th October 2018.
The upper price band for the Garden Reach Shipbuilders & Engineers IPO is set at ₹ 118.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Garden Reach Shipbuilders & Engineers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Garden Reach Shipbuilders & Engineers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2018. After submission, funds are blocked until the basis of allotment of Garden Reach Shipbuilders & Engineers IPO is finalised.
The merchant banker for Garden Reach Shipbuilders & Engineers IPO is Idbi Capital Market Services Limited , Yes Securities (India) Limited . Idbi Capital Market Services Limited , Yes Securities (India) Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Garden Reach Shipbuilders & Engineers IPO RHP for further details.
The registrar for Garden Reach Shipbuilders & Engineers IPO is Alankit Assignments Limited . Investors can go to Alankit Assignments Limited registrar website for IPO allotment status, refund processing, and other queries related to Garden Reach Shipbuilders & Engineers IPO through their official website or helpline.
Garden Reach Shipbuilders & Engineers IPO was subscribed 1.02 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Garden Reach Shipbuilders & Engineers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Garden Reach Shipbuilders & Engineers Financial Review Page
Merchant Banker(s) of Garden Reach Shipbuilders & Engineers IPO: Idbi Capital Market Services Limited , Yes Securities (India) Limited
Garden Reach Shipbuilders & Engineers IPO subscription was 1.02 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Garden Reach Shipbuilders & Engineers IPO listed at a listing price of 105.10 against the offer price of 118.00.
The current market price of Garden Reach Shipbuilders & Engineers is 2618.20.
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