IPO Trending
GARUDAEQ / NSE, BSEListed
Garuda Construction and Engineering

Garuda Construction and Engineering Limited, established in 2010, is a versatile construction company offering services across residential, commercial, infrastructure, and industrial projects. Along with core construction, it specializes in operation and maintenance (O&M), mechanical, electrical, and plumbing (MEP) services, and finishing works. The company also handles infrastructure and hospitality projects, ensuring end-to-end project execution. As of September 28, 2024, Garuda had a dedicated team of 65 permanent employees, supporting its wide range of services.

DRHPANCHOR
₹90 - ₹9510.81x sub
Listed Price₹105.00
Listing Gain+10.53%

IPO Schedule & Timeline

Bookbuilding IPO
Open08 Oct 2024
Close10 Oct 2024
Allotment11 Oct 2024
Listing15 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB60,04,862 shares
30.17%
HNI41,70,000 shares
20.95%
Retail97,30,000 shares
48.88%

Minimum Application Lots

Retail1 Lot (157 shares)
₹14,915
sHNI14 Lots (2,198 shares)
₹2,08,810
bHNI68 Lots (10,676 shares)
₹10,14,220

Company Promoters

Pravinkumar Brijendra Kumar AgarwalPKH Ventures LimitedMakindian Township Private Limited

Company Background

Garuda Construction and Engineering Limited, established in 2010, is a versatile construction company offering services across residential, commercial, infrastructure, and industrial projects. Along with core construction, it specializes in operation and maintenance (O&M), mechanical, electrical, and plumbing (MEP) services, and finishing works. The company ...

Lead Managers & Bankers

Corpwis Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Apr-24)₹11.88 Cr
Growth-84.6%
Revenue Trend (₹ in Crores)
0.061.7123.4185.2Mar-22Mar-23Mar-24Apr-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Apr-2411.883.5234.840.15
Mar-24154.4736.44 228.490.15
Mar-23161.0240.8 176.350.19
Mar-2277.0318.78111.0311.99

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 4.8736.14%46.69%19.4921.03
Mar-23 5.46 65.59%70.85%00
Mar-222.5157.97%40.46%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
11 Oct 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
15 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Garuda Construction and Engineering. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date15 Oct 2024Trading commences on exchange

How to Check Garuda Construction and Engineering Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Garuda Construction and Engineering from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Garuda Construction and Engineering IPO

Complete issue overview for Garuda Construction and Engineering (GARUDA) IPO. The issue features an equity share price band of ₹90 – ₹95 per share with a minimum retail lot size of 157 Shares (minimum application amount of ₹14,915). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions