Garuda Construction Share Price Live Update at 03:36 pm: Garuda Construction and Engineering shares settle flat after debuting at 10.5% premium on the NSE.
Garuda Construction Share Price Live Update at 02:25 pm: Shares of the civil construction company, which hit an intraday high of ₹120.9 apiece, are trading at ₹108.9, up 3.8% on the NSE.
Garuda Construction Share Price Live Update at 01:37 pm: Price information
- Current price: ₹112 (+7.3)
- Open: ₹105
- Issue price: ₹95
- High: ₹120.9
- Low: ₹100.3
Garuda Construction Share Price Live Update at 12:53 pm: The market capitalisation of Garuda Construction and Engineering Ltd stands at ₹1,052.86 crore.
Garuda Construction Share Price Live Update at 12:24 pm: How will the civil construction firm use issue proceeds?
- Working capital requirements
- General corporate expenses
Garuda Construction Share Price Live Update at 11:22 am: Shares of Garuda Construction and Engineering are trading at ₹112.5, up 7.2%, on the NSE.
Garuda Construction Share Price Live Update at 11:22 am: Price information
- Current price: ₹116 (+10.4)
- Open: ₹105
- Issue price: ₹95
- High: ₹120.9
- Low: ₹100.3
Garuda Construction Share Price Live Update at 10:42 am: Trading stats
- Traded volume (Lakhs): 181.61
- Traded value: ₹188.53 crore
- Total market capitalisation: ₹962.80 crore
Garuda Construction Share Price Live Update at 10:25 am: Garuda Construction and Engineering shares fall 3.3% to ₹101.5 on the NSE after listing at 10.5% premium on the NSE.
Garuda Construction Share Price Live Update at 10:02 am: Following the listing at 10.5% premium,
Garuda Construction shares further surged 3.31% to ₹108.4 apiece on the NSE.
Garuda Construction Share Price Live Update at 9:50 am: Garuda Construction and Engineering shares listed at ₹105 apiece on the National Stock Exchange (NSE) at a premium of 10.5% over the issue price of ₹95. It debuted at a premium of 8.6% at ₹103.2 a unit on the BSE.
Garuda Construction IPO Listing Live Update at 9:41 am: Financials
| Particulars | FY22 | FY23 | FY24 |
|---|
| Revenue | ₹77 crore | ₹160 crore | ₹154 crore |
| Net Profit | ₹18.7 crore | ₹40.7 crore | ₹36.4 crore |
Garuda Construction IPO Listing Live Update at 9:30 am: How will the company use IPO proceeds?
The money raised from the fresh issuance of equity shares will be utilised for working capital requirements and to serve general corporate purposes.
Garuda Construction IPO Listing Live Update at 9:14 am: Subscription details
| Category | Number of times subscription |
|---|
| Qualified Institutional Buyers (QIBs) | 1.24 |
| Non-institutional investors | 9.03 |
| Retail Individual Investors (RIIs) | 10.81 |
Garuda Construction IPO Listing Live Update at 8:37 am: Garuda Construction and Engineering shares will list on the National Stock Exchange (NSE) and the BSE on Tuesday, October 15, at 10 am.
Garuda Construction IPO Listing Date LIVE: Shares of
Garuda Construction and Engineering will make their market debut on Tuesday, October 15. The stock will be listed on the NSE and the BSE at 10 am.
The Mumbai-based civil construction firm's initial public offering received a good response from investors during the October 8-October 10 bidding period, with the issue being
subscribed 7.55 times.
The part reserved for retail investors fetched 10.81 times the subscription, while the non-institutional investors (NIIs) quota attracted 9.03 times the subscription. The category for qualified institutional buyers (QIBs) was booked 1.24 times.
The ₹264.1 crore IPO, with a price band of ₹92-₹95 per share, was a mix of a fresh issue of 1.83 crore shares and an offer for sale of 95 lakh shares by promoter PKH Ventures.
Garuda Construction IPO listing: About the company
Garuda Construction is involved in the civil construction of six residential projects, two commercial projects, one infrastructure project and one industrial project, with an order book of ₹1,408.27 crore.
To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.
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