Teerth Gopicon Ltd
Price Range
₹111
Min. Quantity
1,200
Closes on
10 April 2024
Min. investment
₹1,33,200/1,200 Shares
Teerth Gopicon Ltd IPO Timeline
Teerth Gopicon Ltd was originally incorporated as 'Teerth Gopicon Private Limited', at Ahmedabad as a Private Limited dated October 10, 2019 issued by Central Registration Centre. Subsequently, status of the Company got converted into Public Limited with the name to 'Teerth Gopicon Limited' dated August 05, 2021 vide fresh Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Teerth Gopicon Ltd IPO Opening Date | 8 April 2024 |
| Teerth Gopicon Ltd IPO Closing Date | 10 April 2024 |
| Basis of Allotment | 12 April 2024 |
| Initiation of Refunds | 15 April 2024 |
| Credit of Shares to Demat | 15 April 2024 |
| Teerth Gopicon Ltd IPO Listing Date | 16 April 2024 |
Teerth Gopicon Ltd IPO Details
| Teerth Gopicon Ltd IPO Date | 8 April 2024 to 10 April 2024 |
| Teerth Gopicon Ltd IPO Face Value | ₹10 per share |
| Teerth Gopicon Ltd IPO Price | ₹111 to ₹0 per share |
| Teerth Gopicon Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹44.4 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹44.4 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Maheshbhai Kumbhani, Chandrikaben Kumbhani, Pallav Kumbhani |
Teerth Gopicon Ltd IPO Lot Size
The Teerth Gopicon Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,33,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,33,200 |
| Maximum | 1 | 1,200 | ₹1,33,200 |
- Strengths
- Risks
- Opportunities
- Extensive experience in managing and completing projects on time and within budget.
- Strong Presence in Madhya Pradesh.
- Continuous focus on Equipment ownership.
- Focused Player in Water Supply projects(WSP).
- Robust network and relationships with suppliers, enabling better negotiating power and access to high-quality materials.
- Visible growth through a robust order book.
Company Financials
Teerth Gopicon Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 136.23 | 105.1 | 11.56 |
| 03-2023 | 47.22 | 39.15 | 1.70 |
| 03-2022 | 42.77 | 31.21 | 0.15 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the working capital requirement
- General corporate purposes
Teerth Gopicon Ltd IPO Promoter Holding
| Pre Issue Share Holding | 60.5% |
| Post Issue Share Holding | 40.33% |
Teerth Gopicon Ltd IPO Subscription Status (Bidding Detail)
The Teerth Gopicon Ltd IPO is subscribed 67.2334 times on 10 April 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 67.2334 |
Teerth Gopicon Ltd IPO Prospectus
Teerth Gopicon Ltd IPO Listing Date
| Listing Date | 16 April 2024 |
| BSE Script | 92762 |
| NSE Symbol | TGL |
| Listing In | NSE - SME |
| ISIN | INE0K6601012 |
| IPO Price | ₹111 |
| Face Value | ₹10 |
Company Contact Information
No.703 Sapath Complex-INear Madhur Hotel Bodakdev,Ahmedabad-380054
Phone: +91 91 99798 40806
Email: investor@teerthgopicon.com
Website: www.teerthgopicon.com
Teerth Gopicon Ltd IPO Registrar
Teerth Gopicon Ltd IPO Lead Manager(s)
- Interactive Financial Services Ltd
FAQ
What is the issue size of Teerth Gopicon Ltd IPO?
I have pre-applied for Teerth Gopicon Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.