Teerth Gopicon IPO opened for subscription on Monday, April 8. The public issue will conclude on April 10. The IPO is a fixed price issue of Rs 44.4 crore, and the issue is entirely a fresh issue of 40 lakh shares.
Teerth Gopicon IPO price band, lot size
The Teerth Gopicon IPO’s price is Rs 111 per share. The minimum lot size for an application is 1,200 shares. The minimum amount of investment required by retail investors is Rs 133,200.
Book running lead manager
Interactive Financial Services is the book running lead manager of the Teerth Gopicon IPO.
Registrar
Bigshare Services is the registrar for the issue.
- Allotment Date: Friday, April 12, 2024
- Listing Date: Tuesday, April 16, 2024
What does Teerth Gopicon do?
Incorporated in 2019, Teerth Gopicon is engaged in the business of road construction, sewerage, and water supply in Madhya Pradesh. It has also provided services as a subcontractor and built a residential tower in the city of Indore.
Fund Utilisation
The company proposes to utilise net proceeds from the issue towards the funding of the working capital requirements of the company; and general corporate purposes.
