IPO Price History
Closed
GC

Garuda Construction and Engineering Limited IPO

Mainboard IPOListedGARUDANSE
Current Market Price (CMP)
₹139.39(+46.73%)
Current Price (CMP)
₹139.39(+46.73%)

Live Market Quote

Listing Price & Gain
₹105(+10.53%)

Day 1 Exchange Open

IPO Issue Price
₹95

Band: ₹90 - ₹95

Total Subscription
7.55x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
08 Oct 2024
IPO Bidding Closes
10 Oct 2024
Allotment & Refunds
Completed
Exchange Listing Day
15 Oct 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 7.55x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)1.24x
Non-Institutional Investors (NII / HNI)9.03x
Retail Individual Investors (RII)10.81x
Total Subscription7.55x
Updated as on 10-Oct-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+10.53%
₹95 (Issue) → ₹105 (List)
Per share profit: +₹10.00
Holding Return (Till Date)+46.73%
₹95 (Issue) → ₹139.39 (CMP)
Net gain per share: +₹44.39
Post-Listing Performance (Listing Day → Today):+32.75%

About Garuda Construction and Engineering Limited IPO

Garuda Construction and Engineering Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 08 Oct 2024 and concluded on 10 Oct 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹90 - ₹95.

During the bidding window, Garuda Construction and Engineering Limited recorded an overall subscription of 7.55 times. Institutional investors (QIB) subscribed 1.24x, non-institutional high-net-worth investors (NII) subscribed 9.03x, and retail individual investors (RII) bid 10.81x their reserved quota.

The equity shares of Garuda Construction and Engineering Limited officially debuted on the stock exchanges on 15 Oct 2024 at an opening listing price of ₹105, delivering a listing day return of +10.53% (premium) over the final issue price. As per the latest market data, the stock trades at ₹139.39, representing an overall gain of +46.73% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Garuda Construction and Engineering Limited IPO?
The issue price of Garuda Construction and Engineering Limited IPO was fixed at ₹95 per equity share. The indicative bidding price band was ₹90 - ₹95.
What were the open, close, and listing dates for Garuda Construction and Engineering Limited IPO?
Garuda Construction and Engineering Limited IPO opened on 08 Oct 2024, closed on 10 Oct 2024, listed on 15 Oct 2024.
How much was Garuda Construction and Engineering Limited IPO subscribed?
The IPO received an overall subscription of 7.55 times. Category-wise, QIBs subscribed 1.24x, NIIs subscribed 9.03x, and Retail investors subscribed 10.81x.
What was the listing price and listing gain of Garuda Construction and Engineering Limited IPO?
Garuda Construction and Engineering Limited IPO listed on the stock exchange at ₹105, delivering a listing gain of 10.53% compared to the IPO issue price of ₹95.
Is Garuda Construction and Engineering Limited IPO a Mainboard or SME IPO?
Garuda Construction and Engineering Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Garuda Construction and Engineering Limited IPO since its IPO?
At the latest market quote of ₹139.39, Garuda Construction and Engineering Limited IPO has generated an all-time return of +46.73% since its initial public offering.

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