Teerth Gopicon IPO will be Open on April 08, 20224, and closes on April 10, 2024. The company has fixed the price of this IPO at ₹111 according to the face value of ₹10. The company will raise ₹44.40 Crores through this IPO under the 3,999,600 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO is 50% for NII and 50% for Retail Investor. You can check Teerth Gopicon IPO GMP here.
Teerth Gopicon Limited is an engineering construction and development company engaged primarily in the construction of roads, sewerage work, and water distribution work in Madhya Pradesh. We have also worked as a sub-contractor and constructed a residential tower in the city of Indore.
The company has taken up various work as a registered Civil contractor of various Central/State Governments like ISCDL, IMC, USCL, UMC, MPJNM, etc., and also executed building works for the private sector.
The company has executed a wide range of civil engineering projects like building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, Re-use network, Head Tanks, GSR, Road work, Rejuvenation of Lake etc. you can check Teerth Gopicon IPO subscription status here.
The Company has been certified as ISO 14001:2015 and ISO 45001: 2018 for Environmental Management Systems respectively for occupation health and Safety Management systems for project management, Engineering and design, procurement, Construction, and maintenance of commercial, residential, and infrastructure.
The business of the company is concentrated in the State of Madhya Pradesh and mainly in the cities of Indore, Chhattarpur, Sagar, Dindori, Jabalpur, and Ujjain. The various clients of the Company are Indore Smart City Development Limited, Indore Municipal Corporation, Ujjain Smart City Limited, Ujjain Municipal Corporation, and Madhya Pradesh Jal Nigam Maryadit. You can check here Teerth Gopicon IPO Allotment status.
Objects Of The Issue :
- Funding the working capital requirements of our Company.
- General Corporate Purposes.
Company Strengths :
- 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.
| Read also: Upcoming IPO List 2024 |
Teerth Gopicon IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹7.84 Cr ₹111 /EQ 13.29 8.35x 66.40 % 49.85 % 48.40 % 0.60 ₹19.66 ₹137.20 Cr ₹133.20 Cr 96.50 % 64.33 % |
| Team Review : | ✔ Apply For Long Term |
Teerth Gopicon IPO Date & Price Band & Details :
| Offer Type : | Fixed Price Issue |
| IPO Open : | April 08, 2024 |
| IPO Close : | April 10, 2024 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹111 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹44.40 Cr {3,999,600 Shares} |
| Fresh Issue : | ₹44.40 Cr {3,999,600 Shares} |
Teerth Gopicon IPO Market Lot :
Teerth Gopicon IPO Minimum Market lot is 1 Lot with 1200 shares with ₹133,200 Application amount. The retail investors can apply up to 2 lots with 2400 Shares or ₹266,400 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1200 | ₹133,200 |
| Retail (Max) : | 1 | 1200 | ₹133,200 |
| S-HNI (Min) : | 2 | 2400 | ₹266,400 |
Teerth Gopicon IPO Net Reservation :
Teerth Gopicon IPO Net Reservation of 39,99,600 shares is to be bid for the public issue by Teerth Gopicon IPO with 18,99,600 for NII and 18,99,600 For RII.
| Category | Reservation | Shares | Amount Cr |
| NII : | 50% | 18,99,600 | ₹21.09 |
| RII : | 50% | 18,99,600 | ₹21.09 |
| MMRP : | – | 2,00,400 | ₹2.22 |
| Total : | 100% | 39,99,600 | ₹44.40 |
Teerth Gopicon IPO EPS & RoNW :
The Teerth Gopicon company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2024 Jan | ₹13.29 | 49.85 | ₹19.66 |
| 2023 | ₹3.58 | 22.72 | ₹15.77 |
| 2022 | ₹0.31 | 2.50 | ₹12.19 |
| 2021 | ₹1.50 | 7.82 | ₹11.88 |
Teerth Gopicon IPO Peer Comparison PE :
The Teerth Gopicon, According to the RHP of the company few companies are listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Conart Engineers | 13.65 |
| Brahmaputra Infrastructure | 18.42 |
| MBL Infrastructure Ltd | 103.27 |
| Tarmat Limited | 28.35 |
Teerth Gopicon IPO Dates :
Teerth Gopicon IPO Date is April 08, 20224, and closes on April 10, 2024. The allotment will be finalized on April 12, 2024, and the IPO may list on April 16, 2024.
| Issue Open Date : | April 08, 2024 |
| Issue Close Date : | April 10, 2024 |
| Allotment Date : | April 12, 2024 |
| Refund Date : | April 15, 2024 |
| Share Credit Date : | April 15, 2024 |
| Listing Date : | April 16, 2024 |
Teerth Gopicon IPO Form :
There are two ways to apply for Teerth Gopicon IPO. You can apply for Teerth Gopicon IPO through ASBA available in your bank account. You have to go to your online bank login select Teerth Gopicon IPO in the Invest section and apply through your bank account. Another option is you apply Teerth Gopicon IPO through IPO form download through NSE and BSE. See the Teerth Gopicon IPO Form – Download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Teerth Gopicon Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2024 Jan | ₹6,970.02 | ₹5,896.59 | ₹784.04 |
| 2024 | ₹3,914.87 | ₹3,663.32 | ₹179.22 |
| 2022 | ₹3,120.77 | ₹3,087.90 | ₹15.27 |
| 2021 | ₹4,620.74 | ₹4,552.63 | ₹46.45 |
Company Promoters :
■ Maheshbhai Kumbhani
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Teerth Gopicon IPO Lead Managers :
■ Interactive Financial Services Ltd
Teerth Gopicon IPO Registrar :
Bigshare Services Private Limited
Address: Office No. S6-2
, 6th Floor, Pinnacle Business
Park, Next to Ahura Center, Mahakali Caves Road,
Andheri East, Mumbai-400093
Tel No: +91 22-62638200
E-Mail: [email protected]
Website: www.bigshareonline.com
Note: Check Teerth Gopicon IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Teerth Gopicon Limited
Address: 703, Sapath Complex-I,
Opp. Rajpath Club, Near Madhur Hotel,
Bodakdev, Ahmedabad – 380054, Gujarat, India.
Tel No: 079 40306086
E-mail: [email protected]
Website: www.teerthgopicon.com
Teerth Gopicon IPO FAQs :
What is Teerth Gopicon IPO?
Teerth Gopicon IPO is SME IPO. They are going to raise ₹44.40 Crores via IPO. The issue is priced at ₹111 per equity share. The IPO is to be listed on NSE, SME.
When Teerth Gopicon IPO will open?
The IPO is to open on April 08, to April 10, 2024, for QIB, NII & RII.
How much is Teerth Gopicon’s IPO Size?
Teerth Gopicon IPO size is ₹44.40 Crores.
How much is the Fresh issue size of Teerth Gopicon IPO?
The Fresh issue size of Teerth Gopicon IPO ₹44.40 Cr.
What is Teerth Gopicon IPO Price Band?
Teerth Gopicon IPO Price Band is ₹111 Per share.
What is the Teerth Gopicon IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹133,200 amount while the maximum bid is 2400 shares with ₹266,400.
How much is Teerth Gopicon IPO Investors Portion?
The investors’ portion for NII is 50%, RII 50%.
When is the Teerth Gopicon IPO Allotment Date?
Teerth Gopicon’s IPO allotment date is April 12, 2024.
When is the Teerth Gopicon IPO Listing Date?
Teerth Gopicon IPO listing date is April 16, 2024. The IPO to list on NSE, SME.
How to Apply the Teerth Gopicon IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Teerth Gopicon IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Teerth Gopicon IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Teerth Gopicon IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Teerth Gopicon IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Teerth Gopicon IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Teerth Gopicon IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Teerth Gopicon IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Teerth Gopicon GMP: Click Here Teerth Gopicon Subscription: Click Here Teerth Gopicon Allotment: Click Here Teerth Gopicon Listing: Click Here |
All Teerth Gopicon IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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