Teerth Gopicon Limited IPO

NSE SME

Listed On: Apr 16, 2024 at ₹ 125.0

₹ 133200 /1200 Shares

Check Allotment

Teerth Gopicon Limited IPO Details

08 Apr, 2024

Open Date

10 Apr, 2024

Close Date

12 Apr, 2024

Allotment Date

16 Apr, 2024

Listing Date

Issue Price

₹111 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

125.0

Listing Date

2024-04-16

Market Lot

1200 Shares (₹133,200/-)

Lead Manager

Interactive Financial Services Ltd

Issue Size

4,000,000 shares(aggregating up to ₹44.40 Cr)

Retail Portion

50%

Subscription

69.41 times

IPO Docs

DRHP RHP

The IPO of Teerth Gopicon Limited is priced at ₹111 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Teerth Gopicon Limited IPO bid opening date is from Apr 8, 2024 and the bid closing date was Apr 10, 2024.
Teerth Gopicon Limited IPO allotment result will be available on Apr 12, 2024. The tentative listing date for Teerth Gopicon Limited is Apr 16, 2024.

The total issue size is 4,000,000 shares(aggregating up to ₹44.40 Cr).

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

Total No. of Applications: 70,177 (Approx)

Teerth Gopicon Limited Valuations

EPS Pre IPO

₹2.24/-

EPS Post IPO

₹5.66/-

P/E Pre IPO

49.55

P/E Post IPO

19.62

ROE

66.40%

ROCE

48.40%

Debt/Equity

0.60

RoNW

22.72%

PAT Margin

11.26

Price to Book Value

5.65

Teerth Gopicon Limited Company Financials All values are in ₹ Lakh

	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

About The Company

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)

Pre Issue Share Holding: 96.50%

Post Issue Share Holding: 64.33%

Company Promoter(s)

Maheshbhai Kumbhani
Chandrikaben Kumbhani
Pallav Kumbhani

Teerth Gopicon Limited IPO - Issue Objectives

Funding the working capital requirements of the company
General Corporate Purpose.

Other Details

Company Contact Details

Teerth Gopicon Limited

703, Sapath Complex-I, Opp. Rajpath Club, Bodakdev, Ahmedabad -38005

Phone: +91 9979840806

Email: investor@teerthgopicon.com

Website: http://www.teerthgopicon.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Teerth Gopicon Limited IPO - FAQs

Ans. Teerth Gopicon Limited IPO is a SME IPO. The issue is priced at ₹111 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Apr 8, 2024, and closes on Apr 10, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Teerth Gopicon Limited IPO opens on Apr 8, 2024 and closes on Apr 10, 2024.

Ans. The size of Teerth Gopicon Limited IPO is 4,000,000 shares(aggregating up to ₹44.40 Cr).

Ans. The IPO price band is set between ₹111 per equity share.

Ans. To apply for Teerth Gopicon Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Teerth Gopicon Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Teerth Gopicon Limited IPO is Apr 12, 2024.

Ans. The Teerth Gopicon Limited IPO will be listed on Apr 16, 2024.

Ans. Follow the steps to check the allotment status for Teerth Gopicon Limited IPO here.