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Issue Open Date
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08-Oct-24
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Issue Closing Date
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10-Oct-24
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Application Money
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100
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Allotment Money
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Price Band
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90
-
95
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Minimium Application No.
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157
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Issue Size (Shares)
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19904862
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Market Lot
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1
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Objective
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1.Working Capital Requirements.2.General Corporate Expenses and unidentified inorganic acquisitions.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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4170000
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37669952
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9.03356163069544
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Qualified Institutional Buyers
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6004862
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7471316
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1.24421110759914
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Retail Individual Investors
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9730000
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105203031
|
10.8122334018499
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|
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Business Description
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.
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Promoter's Holding
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Total Share Capital
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72360730
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Offered to Public
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27800000
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Promoter's Holding (Pre-Issue)
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96.81
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Promoter's Holding (Post-Issue)
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67.56
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Address |
201
A Wing
Fortune 2000
C -3 Block
Bandra Kurla Complex
Bandra (East)
Mumbai,
Maharashtra,
400051
Phone : 022 79635174
Email : compliance@garudaconstructionengineering.com
Website : www.garudaconstructionengineering.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
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Corpwis Advisors Pvt Ltd.
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Promoters |
Makindian Township Pvt Ltd.
PKH Ventures Limited
Pravinkumar Brijendra Kumar Agarwal
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