Garden Reach Shipbuilders & Engineers Limited IPO

Garden Reach Shipbuilders & Engineers Limited IPO is priced at ₹114–₹118 per share with an issue size of Offer for Sale of 2,00,46,600 Equity Shares of Rs 10/- each at price of Rs 114/- to Rs 118/- aggregating up to Rs 236.55 Cr. The IPO opens on Sep 24, 2018 and closes on Oct 1, 2018, with a lot size of 120 shares and a minimum investment of ₹14,160.

Garden Reach Shipbuilders & Engineers Limited IPO

Mainboard Listed
₹14,160 (120 Shares)
Minimum Investment
IPO Dates
Sep 24, 2018 – Oct 1, 2018
Price band
₹114 - 118 per equity share
Minimum Investment
₹14,160
Issue size
Offer for Sale of 2,00,46,600 Equity Shares of Rs 10/- each at price of Rs 114/- to Rs 118/- aggregating up to Rs 236.55 Cr
Lot size
120
Allotment Date
Oct 8, 2018
Listing
Oct 10, 2018
Listing At
NSE, BSE ( B - Group )

IPO timeline

  1. Sep 24, 2018

    Open Date

    Completed

  2. Oct 1, 2018

    Close Date

    Completed

  3. Oct 8, 2018

    Allotment Date

    Completed

  4. Oct 10, 2018

    Listing Date

    Completed

Garden Reach Shipbuilders & Engineers Limited IPO Essentials

Garden Reach Shipbuilders & Engineers Limited IPO Details

Garden Reach Shipbuilders & Engineers Limited IPO is priced at ₹114 - 118 per share with a total issue size of Offer for Sale of 2,00,46,600 Equity Shares of Rs 10/- each at price of Rs 114/- to Rs 118/- aggregating up to Rs 236.55 Cr. The IPO has a lot size of 120 shares and will be listed on BSE and NSE.

Issue price
Rs 114/- to Rs 118/- Per Equity Share ( Rs 5/- discount for RII and Employees)
Lot size
120 shares
Face value
Rs 10 Per Equity Share 
Issue size
Offer for Sale of 2,00,46,600 Equity Shares of Rs 10/- each at price of Rs 114/- to Rs 118/- aggregating up to Rs 236.55 Cr
Listing at
NSE, BSE ( B - Group )
List price
Listing date
Registrar
ALANKIT ASSIGNMENTS LIMITED
Lead manager
Yes Securities (India) Limited and IDBI CAPITAL MARKETS & SECURITIES LIMITED

Garden Reach Shipbuilders & Engineers Limited IPO Details

  • Retail Portion N/A

Garden Reach Shipbuilders & Engineers Limited IPO Analytics

Garden Reach Shipbuilders & Engineers Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Garden Reach Shipbuilders & Engineers Limited IPO Subscription Status

Garden Reach Shipbuilders & Engineers Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved 1,43,19,000
42,95,700
1,00,23,300 2,92,10,760
Day 1 24-09-18
0 x
0.00x
0.04 x 0.02 x
Day 2 25-09-18
0 x
0.00x
0.09 x 0.03 x
Day 3 26-09-18
1.22 x
0.00x
0.22 x 0.67 x
Day 4 27-09-18
1.22 x
0.30x
0.23 x 0.72 x
Day 5 28-09-18
1.82 x
0.30x
0.23 x 1.01 x
Day 6 01-10-18
1.82 x
0.30x
0.24 x 1.02 x

Garden Reach Shipbuilders & Engineers Limited Valuations

Earnings

EPS (Post IPO)
Rs 23.13
P/E Ratio
24.73

Returns

RoNW
11.08%

Data sourced from DRHP / RHP • For educational purposes only

Garden Reach Shipbuilders & Engineers Limited Company & Offer Insights

Garden Reach Shipbuilders & Engineers Limited IPO Issue Objectives

To carry out the disinvestment of 2,00,46,600 Equity Shares by the Selling Shareholder.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Garden Reach Shipbuilders & Engineers Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
IndoStar Capital Finance Ltd 2.17 24.73 11.08% 719.92
L&T Finance Holdings Ltd 3.34 33.20 11.44% 314.89
Piramal Enterprises Ltd 3.01 35.90 8.41% 8737.40
Aditya Birla Capital Ltd 2.98 25.15 8.04% 5885.87
Capital First Ltd 2.72 25.12 10.37% 2800.86
Shriram Trasport Finance Co. Ltd 3.23 28.90 11.17% 10,904.47
Sundaram Finance Ltd 4.09 28.79 14.19% 5633.21
Cholamandalam Investment and Finance Company Ltd 6.28 37.77 16.63% 4696.85
Repco Home Finance Ltd 3.51 21.50 16.32% 1045.89

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Garden Reach Shipbuilders & Engineers Limited IPO is a book-built IPO worth ₹Offer for Sale of 2,00,46,600 Equity Shares of Rs 10/- each at price of Rs 114/- to Rs 118/- aggregating up to Rs 236.55 Cr. The price band is ₹114–₹118 per share. The IPO opens on Sep 24, 2018 and closes on Oct 1, 2018. It will be listed on BSE and NSE. ALANKIT ASSIGNMENTS LIMITED is the registrar.

The price band of Garden Reach Shipbuilders & Engineers Limited IPO is ₹114 to ₹118 per share.

The lot size of Garden Reach Shipbuilders & Engineers Limited IPO is 120 shares.

The minimum investment for Garden Reach Shipbuilders & Engineers Limited IPO is approximately ₹14,160 based on the upper price band .

Garden Reach Shipbuilders & Engineers Limited IPO opens on Sep 24, 2018 and closes on Oct 1, 2018.

The allotment date of Garden Reach Shipbuilders & Engineers Limited IPO is Oct 8, 2018.

Garden Reach Shipbuilders & Engineers Limited IPO is expected to be listed on Oct 10, 2018, on BSE and NSE .

Garden Reach Shipbuilders & Engineers Limited IPO valuation snapshot: P/E 24.73, EPS Rs 23.13, P/B N/A, RoNW 11.08%, and market cap N/A.

To apply for Garden Reach Shipbuilders & Engineers Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Garden Reach Shipbuilders & Engineers Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Garden Reach Shipbuilders & Engineers Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Garden Reach Shipbuilders & Engineers Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Garden Reach Shipbuilders & Engineers Limited IPO allotment status on IPO Ji for quick and easy access.