58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Teerth Gopicon Limited IPO (Teerth Gopicon IPO) Detail

Teerth Gopicon IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Engineering sector. Interactive Financial Services is the merchant banker of Teerth Gopicon IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th January 2024.

Teerth Gopicon IPO open date is 8th April 2024 and close date is 10th April 2024. IPO Allotment Date is 12th April 2024 and Listing date is 16th April 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Teerth Gopicon IPO Date

Date of DRHP:
17th January 2024
IPO Allotment Date:
12th April 2024
IPO Open Date:
8th April 2024
Initiation of Refund:
15th April 2024
IPO Closing Date:
10th April 2024
IPO Listing Date:
16th April 2024

Teerth Gopicon IPO Info, Size, Subscription

Teerth Gopicon IPO size is Rs 44.40 Cr. crores with IPO price of Rs 111.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 44.40 Cr.

Issue Price:
₹ 111.00

Market Capitalisation :
₹ 133.20 Cr.

PE multiple :
14.16

Subscription :
75.54 times

Pre Issue Promoter Holding :
96.50 %

Post Issue Promoter Holding :
64.33%

Teerth Gopicon IPO Information

Sub Sector : civil engineering
Teerth Gopicon is an engineering construction and development company engaged primarily in the construction of roads, sewerage work and water distribution work in the Madhya Pradesh. they have also worked as sub-contractor and constructed residential tower in the city of Indore. They as corporate have the track record of not more than 5 years. However the promoter of the Company Maheshbhai Khumbhani has started the Proprietorship in the name of Gopi Construction in the year 2009. The company has taken up various work as a registered Civil contractor of various Central/State Government like ISCDL, IMC, USCL, UMC, MPJNM etc. and also executed building works for private sector. The company has executed wide range of civil engineering projects like building construction work, water supply, pipeline, sewerage
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Object of Issue (Teerth Gopicon IPO Objectives)

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Interactive Financial Services Limited is the book-running lead manager of the Teerth Gopicon IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Teerth Gopicon IPO.

Teerth Gopicon IPO Market Maker

Giriraj Stock Broking Private Limited

Teerth Gopicon IPO Registrar (RTA)

Bigshare Services Private Limited

Teerth Gopicon IPO Lead Manager (BRLM)

Interactive Financial Services Limited

Teerth Gopicon IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Teerth Gopicon IPO?

Teerth Gopicon IPO, based in Ahmedabad, operates in the   Engineering sector with a focus on civil engineering. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Teerth Gopicon IPO size is ₹ 44.40 Cr. Crores with fresh issue size of Rs 44.40 Cr. Crores and Offer for sale being Nil.

When is Teerth Gopicon IPO allotment?

The IPO allotment date for Teerth Gopicon IPO is expected to be 12th April 2024, after the finalization of basis of allotment. Investors can check Teerth Gopicon IPO allotment status on the registrars website, Bigshare Services Private Limited. Teerth Gopicon IPO refund dates are 15th April 2024.

When is Teerth Gopicon IPO listing date?

Teerth Gopicon IPO is expected to be listed on 16th April 2024.

What is the price band for Teerth Gopicon IPO?

The upper price band for the Teerth Gopicon IPO is set at ₹ 111.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Teerth Gopicon IPO Review?

For IPO analysis on Teerth Gopicon 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.

How to Apply for Teerth Gopicon IPO?

To apply for the Teerth Gopicon 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 April 2024. After submission, funds are blocked until the basis of allotment of Teerth Gopicon IPO is finalised.

Who is the merchant banker of Teerth Gopicon IPO?

The merchant banker for Teerth Gopicon IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Teerth Gopicon IPO RHP for further details.

Who is the Registrar of Teerth Gopicon IPO?

The registrar for Teerth Gopicon IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Teerth Gopicon IPO through their official website or helpline.

What is the Teerth Gopicon IPO subscription?

Teerth Gopicon IPO was subscribed 75.54 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 44.40 Cr. Avg IPO Size (Sector Based) : ₹ 24.78 Cr.
  • Sector: Engineering SME IPO so far: 49
  • Merchant Banker: Interactive Financial SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 83.56 cr.
            PAT: (annualised): ₹ 9.41 cr.
  • PE Ratio: 14.16x Average Sector PE Ratio: 15.16x
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FAQs

Teerth Gopicon IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Teerth Gopicon Financial Review Page

Teerth Gopicon IPO subscription was 75.54 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.

Teerth Gopicon IPO listed at a listing price of 131.25 against the offer price of 111.00.

The current market price of Teerth Gopicon is 361.90.

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