Garuda Construction and Engineering Limited
08 Oct 2024 – 10 Oct 2024
LISTED
Offer Price
₹90–95
Bid lot
157
Min Application
₹14,915
Issue Size
₹264 Cr
Key dates
Open date
08 Oct 2024
Done
Close date
10 Oct 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
15 Oct 2024
Today
Issue reservation
₹264 CrQIB 50%Retail 35%
QIB
1.39 Cr sh · ₹132.00 Cr
Retail
97.3 L sh · ₹92.40 Cr
BRLM: Corpwis Advisors Private Limited
Lot ladder — how much to bid
1 lot = 157 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
157 sh · ₹14,915
Max · 13 lots
2,041 sh · ₹1,93,895
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
2,198 sh · ₹2,08,810
Max · 67 lots
10,519 sh · ₹9,99,305
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
10,676 sh · ₹10,14,220
Entry point
₹10,14,220 onward
Issue details
Lead managersCorpwis Advisors Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
5.18×
0×1×2×3×+
Heavily subscribed
Book₹224.40 Cr
Subscribed₹1,163 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,38,94,737₹132.00 Cr | 1,72,29,474₹163.68 Cr | 1.24× |
| HNI | 41,68,421₹39.60 Cr | 3,76,40,843₹357.59 Cr | 9.03× |
| Retail | 97,26,316₹92.40 Cr | 10,51,41,475₹998.84 Cr | 10.81× |
| Total | 2,36,21,053₹224.40 Cr | 12,23,70,949₹1,163 Cr | 5.18× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 163.68 |
| HNI | 357.59 |
| Retail | 998.84 |
| Total | 1162.52 |
Amounts at the upper band (₹95). 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 Garuda Construction and Engineering Limited IPO?
One lot of 157 shares — ₹14,915 at the upper price band of ₹95.
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 2024-10-15 on NSE.