The Teerth Gopicon date has been confirmed from April 8, 2024 and closes on April 11, 2024. Read the post to learn about Teerth Gopicon IPO GMP.
Teerth Gopicon IPO is a fixed price issue of Rs 44.40 crores. The price is ₹111 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹133,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹266,400.
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Key Details Of Teerth Gopicon IPO
Bidding Dates
April 8-11
Price Range
₹111 per share
Face Value
₹10 per share
GMP
₹16
Teerth Gopicon IPO GMP
The Teerth Gopicon IPO GMP Today is ₹16.
Teerth Gopicon IPO Overview
Teerth Gopicon IPO is a fixed-price offering of Rs 44.40 crore. The issuance is wholly new, totaling 40 lakh shares. It’s initial public offering (IPO) begins subscriptions on April 8, 2024 and ends April 11, 2024. The allotment for the Teerth Gopicon IPO is planned to be completed on Friday, April 12, 2024. Teerth Gopicon’s IPO will be listed on NSE SME, with a tentative date of Tuesday, April 16, 2024.
It’s IPO price is ₹111 per share. The minimum lot size for an application is 1200 shares. The minimum investment for retail investors is ₹133,200. The minimum investment for HNI is 2 lots (2,400 shares) worth ₹266,400.
Teerth Gopicon IPO Details
| IPO Date | April 8, 2024 to April 11, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹111 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 4,000,000 shares (aggregating up to ₹44.40 Cr) |
| Fresh Issue | 4,000,000 shares (aggregating up to ₹44.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,000,000 |
| Share holding post issue | 12,000,000 |
Teerth Gopicon Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 7,541.30 | 4,743.30 | 4,277.16 | 3,115.47 |
| Revenue | 3,741.78 | 3,914.87 | 3,120.77 | 4,620.74 |
| Profit After Tax | 339.52 | 179.22 | 15.27 | 46.45 |
| Net Worth | 1,128.23 | 788.70 | 609.49 | 594.22 |
| Reserves and Surplus | 628.23 | 288.70 | 109.49 | 94.22 |
| Total Borrowing | 545.86 | 337.98 | 1,365.50 | 933.82 |
| Amount in ₹ Lakhs | ||||
Teerth Gopicon IPO Timeline
| IPO Open Date | Monday, April 8, 2024 |
| IPO Close Date | Thursday, April 11, 2024 |
| Basis of Allotment | Friday, April 12, 2024 |
| Initiation of Refunds | Monday, April 15, 2024 |
| Credit of Shares to Demat | Monday, April 15, 2024 |
| Listing Date | Tuesday, April 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 11, 2024 |
Company Profile
Teerth Gopicon Limited was innovated in 2019 and specialises in road development, sewage, and water delivery in Madhya Pradesh. In addition, the business has worked as a subcontractor on a domestic hutment in Indore. The company has accepted colorful workshop as a registered contractor of colorful central and state governments like ISCDL, IMC, USCL, UMC, MPJNMetc. and has also accepted construction works for the private sector. The company has worked on a variety of civil engineering systems, including erecting construction, water
supply, channels, sewage networks, sewage treatment shops, nalla taps, exercise networks, overhead tanks, GSR, road construction and lake recuperation. As of December 31, 2023, the company had 119 endless workers( including workmen) throughout several departments.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Teerth Gopicon Limited |
| Phone number | +91 9979840806 |
| Email ID | [email protected] |
| Website | teerthgopicon.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Teerth Gopicon IPO FAQs
When Teerth Gopicon IPO will open?
The Teerth Gopicon IPO opens on April 8, 2024 and closes on April 11, 2024.
What is the lot size of Teerth Gopicon IPO?
Teerth Gopicon IPO lot size is 1200 Shares, and the minimum amount required is ₹133,200.
When is Teerth Gopicon IPO allotment?
The finalization of Basis of Allotment for Teerth Gopicon IPO will be done on Friday, April 12, 2024, and the allotted shares will be credited to your demat account by Monday, April 15, 2024.
When is Teerth Gopicon IPO listing date?
The Teerth Gopicon IPO listing date is not yet announced. The tentative date of Teerth Gopicon IPO listing is Tuesday, April 16, 2024.
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