OCTOBER 8, 2024

Garuda Construction IPO:
5 things to know

Founded in 2010, Garuda Construction offers construction services for residential and commercial projects. 

The IPO opened for subscription on October 8, 2024, and will close on October 10, 2024.

The total issue size is ₹264.10 crore, comprising a fresh issue  worth ₹173.85 crore and an offer for sale worth ₹90.25 crore.

The price band is set at ₹92 to ₹95 per share, with a minimum investment of ₹14,915 for a lot of 157 shares.

The funds raised will be used for working capital, general corporate expenses, and potential acquisitions.

Apply for the Garuda Construction and Engineering IPO using the link below

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