Teerth Gopicon Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,899,600 (47%) | — | ₹2,109 Cr |
| Retail | — | 1,899,600 (47%) | — | ₹2,109 Cr |
| Market Maker | — | 200,400 (5%) | — | ₹22 Cr |
| Σ Total | — | 3,999,600 (100%) | — | ₹44,396 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹133,200 |
| Retail (Max) | 13 | 15,600 | ₹1,731,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,864,800 |
| B-HNI (Min) | 67 | 80,400 | ₹8,924,400 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 6,970 | 3,915 | 3,121 |
| Profit After Tax | 784 | 179 | 15 |
| Net Worth | 1,573 | 789 | 609 |
| Total Assets | 13,720 | 4,743 | 4,277 |
| Reserves & Surplus | 773 | 289 | 109 |
| Total Borrowing | 937 | 338 | 1,366 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the working capital requirements of the company; and –
- General Corporate Purpose. –
Company Overview
Teerth Gopicon Limited was incorporated in 2019 and is engaged in the business of road construction, sewerage and water supply in Madhya Pradesh. The company has also provided services as a subcontractor and built a residential tower in the city of Indore.
The company has undertaken various works as a registered contractor of various central and state governments like ISCDL, IMC, USCL, UMC, MPJNM etc. and has also undertaken construction works for the private sector.
The company has undertaken a wide range of civil engineering projects such as building construction, water supply, pipelines, sewage network, sewage treatment plant, nalla taps, reuse network, overhead tanks, GSR, road construction, lake rehabilitation, etc.
As at February 29, 2024, the company had a total of 164 permanent employees (including workmen) in various departments.