Teerth Gopicon IPO

Teerth Gopicon announces an IPO worth INR 44.40 Cr, with a fresh issue of 40 lakh shares. Funds raised to boost working capital & corporate needs.

Important Details

Date: April 8 to April 11 2024 Listing Date: April 16, 2024 Price: INR 111 per share Lot Size: 1200 Shares Total Issue Size:INR 44.40 cr

Fundamental Analysis

Teerth Gopicon IPO offers a mixed but positive outlook: consistent revenue growth, improved RoNW, EPS, and reduced debt. Consider with thorough market analysis.

Peer Comparison

Teerth Gopicon: Moderate income, RoNW. Man Infra: Substantial income, high PE, decent EPS. ITD Cementation: Impressive income, EPS, NAV. Likhitha Infra: Good EPS, RoNW. Udayshivakumar Infra: Modest performance.


Teerth Gopicon IPO aims to allocate INR 27.50 crores for working capital needs due to the business's working capital intensity and the rest for general corporate purposes.

Risks And Challenges

Teerth Gopicon faces risks from operational concentration in Madhya Pradesh, reliance on key customers for revenue, and regulatory approval delays affecting business operations.

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