247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Garuda Construction and Engineering Limited IPO (Garuda Construction and Engineering IPO) Details

Garuda Construction and Engineering Limited is an Real Estate based company, located in Mumbai, Garuda Construction and Engineering Limited IPO size was 264.10 Cr. and was issued at 95.00 per share. The share of Garuda Construction and Engineering Limited were listed at 106.83 per share and are currently trading at 133.88 per share.

Type :
Sub Sector : Residential, Commercial, Residential/commercial, Infrastructure, And Industrial Projects, As Well As Additional Services For Infrastructure And Hospitality Projects
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
142.56 Cr.

PAT :
42.00 Cr.

Pricing Report

Issue Price :
95.00

Listing Price :
106.83

Current Market Price :
133.88

Issue Price vs CMP :
38.88 (40.93%)

listing Price vs CMP :
27.05 (25.32%)

Performance Report (CAGR* wise)

CAGR : 258.86
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Garuda Construction and Engineering

Company Information
Garuda Construction and Engineering Limited is a growing civil construction company with growth in revenue from operations of Rs 8042.34 lakhs for the eight month period ended November 30, 2023, Rs 16068.76 lakhs, Rs 7702.08 lakhs, and Rs 7195.52 lakhs or Fiscal 2023, Fiscal 2022, and Fiscal 2021, respectively. They provide end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure andindustrial 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, they are also involved in sector pertaining to civil construction cum services. The construction of concrete building structures and composite steel structures are
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Object of Issue
  • Working Capital Requirements
  • General Corporate Expenses and Unidentified Inorganic Acquisitions

Garuda Construction and Engineering MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2024
IPO Size :
264.10 Cr.
Market Cap :
883.90 Cr.   
IPO Subscription :
7.55 X     
PE Multiple :
21.03
IPO Registrar:
Link Intime India Private Limited

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FAQs

Garuda Construction and Engineering operates in Real Estate and Residential, Commercial, Residential/commercial, Infrastructure, And Industrial Projects, As Well As Additional Services For Infrastructure And Hospitality Projects. The Issue is listed on MainBoard in Oct, 2024. Garuda Construction and Engineering IPO size was 264.10 Cr. with Issue price of 95.00 .

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 133.88.

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