IPO Trending
TGLSME / NSEListed
Teerth Gopicon

Teerth Gopicon Limited, established in 2019, is a fast-growing infrastructure development company primarily operating in Madhya Pradesh. Specializing in road construction, sewerage, and water supply projects, the company has also expanded its expertise into residential tower projects in Indore. As a registered contractor for government bodies like ISCDL, IMC, USCL, UMC, and MPJNM, along with private sector clients, Teerth Gopicon has built a diverse portfolio encompassing civil engineering, sewage treatment plants, and road networks. Backed by a dedicated team of 164 permanent employees as of February 29, 2024, the company remains committed to delivering excellence and fostering sustainable growth in the infrastructure sector.

DRHP
₹111 - ₹11169.41x sub
Listed Price₹125.00
Listing Gain+12.61%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open08 Apr 2024
Close10 Apr 2024
Allotment12 Apr 2024
Listing16 Apr 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail18,99,600 shares
47.5%
Other18,99,600 shares
47.5%
Market Maker2,00,400 shares
5.01%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,33,200
HNI2 Lots (2,400 shares)
₹2,66,400

Company Promoters

Maheshbhai KumbhaniChandrikaben KumbhaniPallav Kumbhani

Company Background

Teerth Gopicon Limited, established in 2019, is a fast-growing infrastructure development company primarily operating in Madhya Pradesh. Specializing in road construction, sewerage, and water supply projects, the company has also expanded its expertise into residential tower projects in Indore. As a registered contractor for government bodies like ISCDL, IMC...

Lead Managers & Bankers

Interactive Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jan-24 )₹6970.02 Cr
Growth+50.8%
Revenue Trend (₹ in Crores)
0.02.7k5.3k8.0kMar-21Mar-22Mar-23Jan-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jan-24 6970.02784.0413719.79937.18
Mar-233,914.87179.224,743.30337.98
Mar-223,120.7715.274,277.161,365.50
Mar-214,620.7446.453,115.47933.82

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jan-24 13.2966.40%48.40%5.6549.55
Mar-23 3.5825.64%26.16%00
Mar-220.312.54%3.81%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: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
12 Apr 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
16 Apr 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Teerth Gopicon. 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 Finalization12 Apr 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Apr 2024Trading commences on exchange

How to Check Teerth Gopicon Allotment Online

1Open Portal

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

2Select Company

Select Teerth Gopicon 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

Allotment FAQs & Help

About Teerth Gopicon IPO

Complete issue overview for Teerth Gopicon (TGL) IPO. The issue features an equity share price band of ₹111 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,33,200). 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