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IPO Synopsis

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. 95.00 per equity share (including a premium of Rs. 90.00 per equity share) ("Offer Price") aggregating up to Rs. 264.10 crores ("The Offer"). The offer comprises of a fresh issue of up to 1,83,00,000, equity shares aggregating up to Rs. 173.85 crores ("Fresh Issue") and an offer for sale of up to 95,00,000 equity shares by its promoter, PKH Ventures Limited aggregating up to Rs. 90.25 crores (the "Promoter Selling Shareholder") (the "Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute 29.88 % 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 19.00 times the face value of the equity shares. *Subject to the finalsation of the allotment
Issue
Opens On Closes On
08-Oct-24 10-Oct-24
Money Payable On
Application Allotment
95.00 0.00
Minimum Application for shares in Nos : 157 Further Multiples of : 157
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 159.67 Corpwis Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 264.10  
Post Issue Equity Share Capital (.Cr) 46.52
Issue Price () 95.00
Projects
Working Capital Requirement
General Corporate Purposes
Promoted By
Pravinkumar Brijendra Kumar Ag
PKH Ventures Ltd
Makindian Township Pvt Ltd
Listing At
BSE
NSE
Registrar to the Issue
No Data Available
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