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September 24, 2018 - October 1, 2018

Garden Reach Shipbuilders IPO FAQ

Garden Reach Shipbuilders IPO Date & Price

The Garden Reach Shipbuilders IPO opens on September 24, 2018 and closes on October 1, 2018.

Garden Reach Shipbuilders IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 24, 2018
  • Bid/Offer Closes On: October 1, 2018
  • Finalization of Basis of Allotment: October 1, 2018
  • Initiation of refunds: October 3, 2018
  • Credit of Equity Shares: October 3, 2018
  • Listing Date: October 10, 2018

Garden Reach Shipbuilders IPO price is set at ₹118 per equity share.

Garden Reach Shipbuilders IPO will close for subscription at 5 PM on October 1, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Garden Reach Shipbuilders IPO starts on September 24, 2018. The issue ends on October 1, 2018.

Garden Reach Shipbuilders IPO Issue Size and Subscription Status

The Garden Reach Shipbuilders IPO size is 29210760 Equity Shares of ₹10 aggregating up to ₹344.69 Cr.

Garden Reach Shipbuilders & Engineers Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Garden Reach Shipbuilders IPO shares through the banks (using ASBA) or through the broker (using UPI).

Garden Reach Shipbuilders IPO Offer Size

Qualified Institutional Buyers (QIB)14,319,000 Shares
Non-Institutional Investors (NII)4,295,700 Shares
Retail Individual Investor (RII)10,023,300 Shares
Employee Reservations572,760 Shares
Other Reservations0 Shares
Total Issue Size29,210,760 Shares

Garden Reach Shipbuilders IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.81 times times
Non-Institutional Investors (NII)0.31 times times
Retail Individual Investor (RII)0.24 times times
Employee Reservations0.14 times times
Other Reservations times
Total Issue Size1.02 times times

Click here to check the Garden Reach Shipbuilders IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Garden Reach Shipbuilders IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Garden Reach Shipbuilders IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Garden Reach Shipbuilders IPO Allotment and Listing

The Garden Reach Shipbuilders IPO allot status will be available online on October 1, 2018. Check the Garden Reach Shipbuilders IPO Allotment Status here.

Click here to check Garden Reach Shipbuilders IPO Allotment Status.

Garden Reach Shipbuilders IPO listing Date is October 10, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Garden Reach Shipbuilders IPO listing date and time is published by the exchange in a circular.

Click here to view the Garden Reach Shipbuilders IPO Basis of Allotment.

It is hard to say at what price Garden Reach Shipbuilders IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Garden Reach Shipbuilders IPO shares will list on October 10, 2018 at BSE, NSE.

Garden Reach Shipbuilders IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Garden Reach Shipbuilders IPO which could help you with questions like Garden Reach Shipbuilders IPO buy or not? You should also read Garden Reach Shipbuilders IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Garden Reach Shipbuilders IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Garden Reach Shipbuilders IPO performance. The performance reports are available 1 day after listing.