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Garuda Construction and Engineering Limited IPO Allotment Date Is Here, Click Here To Know More!

Garuda Construction and Engineering Limited IPO allotment is set for October 11, 2024, with shares priced at ₹90 to ₹95 per share. The offering allows bidding for lots of 157 shares or multiples thereof.
Garuda Construction and Engineering Limited IPO Allotment Date Is Here, Click Here To Know More!

Garuda Construction and Engineering Limited IPO Allotment Status 

The allotment date for the Garuda Construction and Engineering Limited IPO is set for October 11, 2024, with shares priced at a range from ₹90 to ₹95 per share and a face value of ₹5. The offering consists of lots of 157 shares, with bids accepted for these lots or their multiples.

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Garuda Construction and Engineering Limited IPO Allotment Status Check 

To ascertain their allocation status for the Garuda Construction and Engineering Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Link Intime India Private Ltd Link.

IPO Allotment Status BSE 

Here are steps to check Garuda Construction and Engineering Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Garuda Construction and Engineering Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Link Intime India

Step 2: Select ‘Garuda Construction and Engineering Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Garuda Construction and Engineering Limited IPO allotment status will be reflected on the screen.

Garuda Construction and Engineering Limited IPO GMP Today

Garuda Construction and Engineering Limited IPO GMP (Grey Market Premium) is ₹0 as of October 10, 2024.

Garuda Construction and Engineering Limited IPO Subscription Status

Garuda Construction and Engineering IPO experienced varied subscription levels on Day 2, with Qualified Institutional Buyers (QIBs) at 0.91 times, Non-Institutional Investors (NIIs) at 2.58 times, and Retail Individual Investors (RIIs) showing stronger interest at 6.73 times, resulting in an overall subscription of 4.10 times.

Garuda Construction and Engineering Limited IPO Details

Garuda Construction and Engineering IPO is a ₹264.10 crore book-built issue, featuring a fresh issue of 1.83 crore shares and an offer for sale of 0.95 crore shares. Open from October 8 to 10, 2024, the price band is set at ₹90 to ₹95 per share, with a minimum investment of ₹14,915 for retail investors.

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