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Garuda Construction and Engineering IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 264.10 Cr. The company is based in Mumbai and caters to Real Estate sector. Corpwis Advisors is the merchant banker of Garuda Construction and Engineering IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th February 2024.
Garuda Construction and Engineering IPO open date is 8th October 2024 and close date is 10th October 2024. IPO Allotment Date is 11th October 2024 and Listing date is 15th October 2024.
IPO
Size:
₹ 264.10 Cr.
Avg IPO Size (Sector Based)
: ₹
1,195.37 cr.
Sector: Real Estate
IPO so far:
28
Merchant Banker:
Corpwis Advisors
IPO by BRLM so far:
1
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
142.56
cr. 
PE
Ratio:
21.03x
Average Sector PE Ratio: 14.86x
Garuda Construction and Engineering IPO size is ₹ 264.10 Cr. with IPO price of ₹ 95.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Corpwis Advisors Private Limited is the book-running lead manager of the Garuda Construction and Engineering IPO. Link Intime India Private Limited is the Registrar for Garuda Construction and Engineering IPO.
Garuda Construction and Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Garuda Construction and Engineering IPO, based in Mumbai, operates in the Real Estate sector with a focus on Residential, commercial, residential/commercial, infrastructure, and industrial projects, as well as additional services for infrastructure and hospitality projects. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Garuda Construction and Engineering IPO size is ₹ 264.10 Cr. with fresh issue size of ₹ 173.85 Cr. and Offer for sale being ₹ 90.25Cr.
The IPO allotment date for Garuda Construction and Engineering IPO is expected to be 11th October 2024, after the finalization of basis of allotment. Investors can check Garuda Construction and Engineering IPO allotment status on the registrars website, Link Intime India Private Limited . Garuda Construction and Engineering IPO refund dates are 14th October 2024.
Garuda Construction and Engineering IPO is expected to be listed on 15th October 2024.
The upper price band for the Garuda Construction and Engineering IPO is set at ₹ 95.00 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 Garuda Construction and Engineering 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 Garuda Construction and Engineering 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 10th October 2024. After submission, funds are blocked until the basis of allotment of Garuda Construction and Engineering IPO is finalised.
The merchant banker for Garuda Construction and Engineering IPO is Corpwis Advisors Private Limited . Corpwis Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Garuda Construction and Engineering IPO RHP for further details.
The registrar for Garuda Construction and Engineering IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Garuda Construction and Engineering IPO through their official website or helpline.
Garuda Construction and Engineering IPO was subscribed 7.55 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 264.10 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,195.37 Cr.
Sector: Real Estate
IPO so far:
28
Merchant Banker:
Corpwis Advisors
IPO by BRLM so far:
1
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 142.56 cr.
PE
Ratio:
21.03x
Average Sector PE Ratio: 14.86x
Garuda Construction and Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Garuda Construction and Engineering Financial Review Page
Merchant Banker(s) of Garuda Construction and Engineering IPO: Corpwis Advisors Private Limited
Garuda Construction and Engineering IPO subscription was 7.55 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.
Garuda Construction and Engineering IPO listed at a listing price of 106.83 against the offer price of 95.00.
The current market price of Garuda Construction and Engineering is 123.53.
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