Garden Reach Shipbuilders & Engineers Limited
24 Sep 2018 – 01 Oct 2018
LISTED
Offer Price
₹114–118
Bid lot
120
Min Application
₹14,160
Issue Size
₹345 Cr
Key dates
Open date
24 Sep 2018
Done
Close date
01 Oct 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
10 Oct 2018
Today
Issue reservation
₹345 CrQIB 50%Retail 35%5%
QIB
1.46 Cr sh · ₹172.50 Cr
Retail
1.02 Cr sh · ₹120.75 Cr
Employee
14.6 L sh · ₹17.25 Cr
BRLM: IDBI Capital Markets & Securities Limited · YES Securities (India) Limited.
Lot ladder — how much to bid
1 lot = 120 sharesRetail · Up to ₹2 L1–14 lots
Min · 1 lot
120 sh · ₹14,160
Max · 14 lots
1,680 sh · ₹1,98,240
S-HNI · ₹2 L to ₹10 L15–70 lots
Min · 15 lots
1,800 sh · ₹2,12,400
Max · 70 lots
8,400 sh · ₹9,91,200
B-HNI · Above ₹10 L71+ lots
Min · 71 lots
8,520 sh · ₹10,05,360
Entry point
₹10,05,360 onward
Issue details
Lead managersIDBI Capital Markets & Securities Limited, YES Securities (India) Limited.
Face value₹10
Listing onNSE
RegistrarAlankit Assignments Limited
Live subscription
1.11×
0×1×2×3×+
Fully subscribed
Book₹310.50 Cr
Subscribed₹343.62 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,46,18,644₹172.50 Cr | 2,64,59,746₹312.23 Cr | 1.81× |
| HNI | 43,85,593₹51.75 Cr | 13,59,534₹16.04 Cr | 0.31× |
| Retail | 1,02,33,051₹120.75 Cr | 24,55,932₹28.98 Cr | 0.24× |
| Employee | 14,61,864₹17.25 Cr | 2,04,661₹2.41 Cr | 0.14× |
| Total | 2,63,13,559₹310.50 Cr | 2,91,20,339₹343.62 Cr | 1.11× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 312.23 |
| HNI | 16.04 |
| Retail | 28.98 |
| Employee | 2.41 |
| Total | 343.62 |
Amounts at the upper band (₹118). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Garden Reach Shipbuilders & Engineers Limited IPO?
One lot of 120 shares — ₹14,160 at the upper price band of ₹118.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-10-10 on NSE.