Teerth Gopicon Limited IPO
Teerth Gopicon Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹111 per share. The stock debuted at ₹125, delivering a listing gain of 12.6%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,33,200.
Teerth Gopicon Limited IPO
- IPO Dates
- Apr 8, 2024 – Apr 10, 2024
- Price band
- ₹111 per equity share
- Minimum Investment
- ₹1,33,200
- Issue size
- ₹44.4 Cr
- Lot size
- 1200
- Allotment Date
- Apr 12, 2024
- Listing
- Apr 16, 2024
- Listing At
- NSE SME
IPO timeline
-
Apr 8, 2024
Open Date
Completed
-
Apr 10, 2024
Close Date
Completed
-
Apr 12, 2024
Allotment Date
Completed
-
Apr 16, 2024
Listing Date
Completed
Teerth Gopicon Limited IPO Essentials
Teerth Gopicon Limited IPO Details
Teerth Gopicon Limited IPO is priced at ₹111 per share with a total issue size of 44.4 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹111 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,000,000 shares(aggregating up to ₹44.40 Cr)
- Total issue size
- 39,99,600 shares
(aggregating up to ₹44.4 crore) - Fresh issue
- 39,99,600 shares
(aggregating up to ₹44.4 crore) - Listing at
- NSE SME
- List price
- 125.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Interactive Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,33,200 |
| Retail(max) | 1 | 1200 | ₹1,33,200 |
| NII (min) | 2 | 2400 | ₹2,66,400 |
Teerth Gopicon Limited IPO Reservation
Teerth Gopicon Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,999,600 shares, approximately 47.49% for retail investors, and 5.01% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 200,400 (5.01%) | |
| Retail Shares Offered | 1,899,600 (47.49%) | |
| Total Shares Offered | 3,999,600 (100%) |
Teerth Gopicon Limited IPO Analytics
Teerth Gopicon Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Teerth Gopicon Limited IPO Subscription Status
Teerth Gopicon 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 | 1,899,600 | 1,899,600 | 3,799,200 |
|
Day 1
08-04-24 06:00 PM
|
(2.23) x | 2.16 x | 2.19 x |
|
Day 2
09-04-24 06:00 PM
|
(4.83) x | 5.34 x | 5.08 x |
|
Day 3
10-04-24 06:00 PM
|
(97.07) x | 41.76 x | 69.41 x |
Teerth Gopicon Limited Valuations
Earnings
- EPS Pre IPO
- ₹2.24/-
- EPS Post IPO
- ₹5.66/-
- P/E Pre IPO
- 49.55
- P/E Post IPO
- 19.62
Returns
- ROE
- 66.40%
- ROCE
- 48.40%
- RoNW
- 22.72%
- PAT Margin
- 11.26
Fundamentals
- Debt / Equity
- 0.60
- Price / Book
- 5.65
Teerth Gopicon Limited Financials( In Lakhs)
| 31-Jan-24 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|---|
| Assets | 13,719.79 | 4,743.30 | 4,277.16 | 3,115.47 |
| Revenue | 6,970.02 | 3,914.87 | 3,120.77 | 4,620.74 |
| Profit After Tax | 784.04 | 179.22 | 15.27 | 46.45 |
| Net Worth | 1,572.74 | 788.70 | 609.49 | 594.22 |
| Reserves & Surplus | 772.74 | 288.70 | 109.49 | 94.22 |
| Total Borrowing | 937.18 | 337.98 | 1,365.50 | 933.82 |
Teerth Gopicon Limited Company & Offer Insights
About Teerth Gopicon Limited
Teerth Gopicon Limited is an incorporated entity of 2019, which engages in the construction of roads, sewerage, and water supply in the state of Madhya Pradesh. As a subcontractor, the company also provided services to the clients while constructing a residential tower in the city of Indore.
The company has executed numerous works as an authorized contractor of various central and state governments like ISCDL, IMC, USCL, UMC, MPJNM etc. and has also executed construction works for the private sector.
The company has executed a diverse range of civil engineering works 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 of February 29, 2024, the company had a total of 164 permanent employees (including workmen) in various departments.
Teerth Gopicon Limited Promoter(s)
Maheshbhai Kumbhani, Chandrikaben Kumbhani, Pallav Kumbhani are the company's promoters of Teerth Gopicon Limited.
Teerth Gopicon Limited IPO Issue Objectives
- •
- Funding the working capital requirements of the company
- •
- General Corporate Purpose.
Teerth Gopicon Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Teerth Gopicon Limited | 3.58 | N/A | 15.77 | 31.01 | 22.72 | 7.04 | Standalone |
| Conart Engineers Limited | 6.29 | N/A | 80.51 | 13.65 | 78.11 | 1.07 | Standalone |
| Brahmaputra Infrastructure Limited | 3.76 | N/A | 53.58 | 18.42 | 6.99 | 1.29 | Standalone |
| MBL Infrastructure Ltd | 0.55 | N/A | 118.13 | 103.27 | 0.47 | 0.48 | Standalone |
| Tarmat Limited | 3.57 | N/A | 61.33 | 28.35 | 5.64 | 1.65 | Standalone |
Notes:
- Considering the nature and size of the business of Teerth Gopicon Limited, the peers are not strictly comparable; however, they are included for broad comparison.
- CMP of the peer group is as per the closing price available on www.nseindia.com and www.bseindia.com.
- The P/E Ratio for the peer companies has been computed based on the closing market price of respective equity shares as on February 06, 2024, sourced from the Stock Exchange, divided by the Basic/Diluted EPS as applicable.
Contact Information
Contact Details
Teerth Gopicon Limited
+91 9979840806
703, Sapath Complex-I, Opp. Rajpath Club, Bodakdev, Ahmedabad -38005
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Teerth Gopicon Limited IPO is a Fixed Priced IPO worth ₹44.4 crore. The issue price is ₹111 per share (fixed price). The IPO opens on Apr 8, 2024 and closes on Apr 10, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Teerth Gopicon Limited IPO is ₹111 per share (fixed price).
The lot size of Teerth Gopicon Limited IPO is 1200 shares.
The minimum investment for Teerth Gopicon Limited IPO is approximately ₹1,33,200 based on the issue price .
Teerth Gopicon Limited IPO opens on Apr 8, 2024 and closes on Apr 10, 2024.
The allotment date of Teerth Gopicon Limited IPO is Apr 12, 2024.
Teerth Gopicon Limited IPO is expected to be listed on Apr 16, 2024, on NSE SME Platform.
Teerth Gopicon Limited IPO valuation snapshot: P/E 19.62, EPS ₹5.66/-, P/B 5.65, RoNW 22.72%, and market cap N/A.
To apply for Teerth Gopicon 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 Teerth Gopicon 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 Teerth Gopicon Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Teerth Gopicon Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Teerth Gopicon Limited IPO allotment status on IPO Ji for quick and easy access.