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October 8, 2024 - October 10, 2024

Garuda Construction and Engineering IPO FAQ

Garuda Construction and Engineering IPO Date & Price

The Garuda Construction and Engineering IPO opens on October 8, 2024 and closes on October 10, 2024.

Garuda Construction and Engineering IPO timetable / schedule is as below:
  • Bid/Offer Opens On: October 8, 2024
  • Bid/Offer Closes On: October 10, 2024
  • Finalization of Basis of Allotment: October 11, 2024
  • Initiation of refunds: October 14, 2024
  • Credit of Equity Shares: October 14, 2024
  • Listing Date: October 15, 2024

Garuda Construction and Engineering IPO price is set at ₹95 per equity share.

Garuda Construction and Engineering IPO will close for subscription at 5 PM on October 10, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Garuda Construction and Engineering IPO starts on October 8, 2024. The issue ends on October 10, 2024.

Garuda Construction and Engineering IPO Issue Size and Subscription Status

The Garuda Construction and Engineering IPO size is 27800000 Equity Shares of ₹5 aggregating up to ₹264.10 Cr.

Garuda Construction and Engineering Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Garuda Construction and Engineering IPO shares through the banks (using ASBA) or through the broker (using UPI).

Garuda Construction and Engineering IPO Offer Size

Qualified Institutional Buyers (QIB)6,004,862 Shares
Non-Institutional Investors (NII)4,170,000 Shares
Retail Individual Investor (RII)9,730,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size19,904,862 Shares

Garuda Construction and Engineering IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.24 times times
Non-Institutional Investors (NII)9.03 times times
Retail Individual Investor (RII)10.81 times times
Employee Reservations times
Other Reservations times
Total Issue Size7.55 times times

Click here to check the Garuda Construction and Engineering 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 Garuda Construction and Engineering 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 Garuda Construction and Engineering 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.

Garuda Construction and Engineering IPO Allotment and Listing

The Garuda Construction and Engineering IPO allot status will be available online on October 11, 2024. Check the Garuda Construction and Engineering IPO Allotment Status here.

Click here to check Garuda Construction and Engineering IPO Allotment Status.

Garuda Construction and Engineering IPO listing Date is October 15, 2024. 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 Garuda Construction and Engineering IPO listing date and time is published by the exchange in a circular.

Click here to view the Garuda Construction and Engineering IPO Basis of Allotment.

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

The Garuda Construction and Engineering IPO shares will list on October 15, 2024 at BSE, NSE.

Garuda Construction and Engineering 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 Garuda Construction and Engineering IPO which could help you with questions like Garuda Construction and Engineering IPO buy or not? You should also read Garuda Construction and Engineering 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.

Garuda Construction and Engineering 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 Garuda Construction and Engineering IPO performance. The performance reports are available 1 day after listing.