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Garuda Construction and Engineering Ltd IPO

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IPO Details

  • Open Date TBA
  • Close Date TBA
  • Lot Size -
  • IPO Size -
  • IPO Price Range -
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

About Garuda Construction and Engineering Ltd

Initial public offering of up to 2,78,00,000 equity shares of face value of Rs. 5 each ( the Equity Shares) of Garuda Construction and Engineering Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores (The Offer). The offer comprises of a fresh issue of up to 1,83,00,000. equity shares aggregating up to Rs. [*] crores (Fresh Issue) and an offer for sale of up to 1.25.00,000 equity shares by the promoter, PKH Ventures Limited aggregating up to Rs. [*] crores (the Promoter Selling Shareholder) (the Offer for Sale, together with the fresh issue, the Offer). The offer will constitute [*]% of its post-offer paid-up equity share capital. The face value of the equity shares is Rs. 5 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked