Issue Price
₹111
Per Share
GMP
NIL
Grey Market
Est. Listing
₹111
Expected Price
Min. Application
₹266,400
2 lots × 1200 shares
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.
Teerth Gopicon Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 200,400 | — | ₹2.22 Cr | — |
| TOTAL | 3,999,600 | 100.00% | ₹44.40 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹133,200 |
| Retail (Max) | 13 | 15,600 | ₹1,731,600 |
| sNII (Min) | 14 | 16,800 | ₹1,864,800 |
| bNII (Min) | 68 | 81,600 | ₹9,057,600 |
| Particulars | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 6970.02 | 3914.87 | 3120.77 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 784.04 | 179.22 | 15.27 |
| Net Worth | 1572.74 | 788.70 | 609.49 |
| Total Assets | 13719.79 | 4743.30 | 4277.16 |
| Reserves & Surplus | 772.74 | 288.70 | 109.49 |
| Total Borrowings | 937.18 | 337.98 | 1365.50 |