Teerth Gopicon IPO Details | GMP, Date, Price, Review

Teerth Gopicon IPO

Table of Contents

Teerth Gopicon IPO Details ( Teerth Gopicon Limited IPO Review )

(8 Apr 2024 – 10 Apr 2024)

Teerth Gopicon Limited, established in 2019, specializes in road construction, sewerage, and water supply in Madhya Pradesh. Additionally, it has served as a subcontractor and constructed a residential tower in Indore.

The company operates as a registered contractor for various central and state governments including ISCDL, IMC, USCL, UMC, MPJNM, and has also executed projects for the private sector.

Teerth Gopicon Limited has successfully completed a diverse array of civil engineering projects encompassing building construction, water supply systems, pipelines, sewage networks, treatment plants, overhead tanks, road construction, and lake rehabilitation.

As of February 29, 2024, the company employs a total of 164 permanent staff across different departments, including workmen.

Teerth Gopicon Limited IPO Competitive Strength

  • Extensive experience in managing and completing projects on time and within budget
  • Strong Presence in Madhya Pradesh
  • Continuous focus on Equipment Ownership
  • Focused Player in Water Supply projects (WSP)
  • Robust network and relationships with suppliers, enabling better negotiating power and access to high-quality materials
  • Visible growth through a robust order book

Teerth Gopicon IPO Financials Performance ( Results )

Teerth Gopicon Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATNet WorthReservesBorrowing

Objective of Teerth Gopicon IPO Issue

  • Funding the working capital requirements of the company; and
  • General Corporate Purpose.

Teerth Gopicon IPO Basic Details

IPO DateApr 8, 2024 to Apr 10, 2024
Listing DateTuesday, April 16, 2024
Face Value₹10 per share
Price111 per share
Lot Size1200 Shares
Issue Size3,999,600 shares of ₹10
(aggregating up to ₹44.40 Cr)
Fresh Issue3,999,600 shares of ₹10
(aggregating up to ₹44.40 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue8,000,000
Share holding post issue11,999,600
Company PromotersMaheshbhai Kumbhani,
Chandrikaben Kumbhani
and Pallav Kumbhani

Teerth Gopicon IPO Reservation

Market Maker Shares Offered5.01% of the Net Issue
Other Shares Offered47.49% of the Net Issue
Retail Shares Offered47.49% of the Net Issue

Teerth Gopicon IPO Timetable

Teerth Gopicon IPO will open on April 8, 2024 and close on April 10, 2024. You can join Teerth Gopicon IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date8 April 2024 (Monday)
Closing Date10 April 2024 (Wednesday)
Basis of Allotment12 April 2024 (Friday)
Initiation of Refunds15 April 2024 (Monday)
Credit of Shares to Demat15 April 2024 (Monday)
Listing Date16 April 2024 (Tuesday)
Deadline for UPI mandate confirmation5 PM on 10 April 2024

Teerth Gopicon IPO Lot Size

For retail investors in Teerth Gopicon IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹133,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹133,200.

Retail (Min)11200₹133,200
Retail (Max)11200₹133,200
S-HNI (Min)22400₹266,400

Teerth Gopicon IPO Promoter Holding

The company’s promoters include Maheshbhai Kumbhani, Chandrikaben Kumbhani and Pallav Kumbhani.

Pre Issue Share Holding96.5%
Post Issue Share Holding64.33%

Teerth Gopicon Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)133.2
Earning Per Share (EPS)₹2.24 per Equity Share
Net Asset Value (NAV)₹15.77 per Equity Share
P/E Ratio (P/E) (x)49.55
Post P/E Ratio (P/E) (x)14.16
Return on Net Worth (RoNW) (%)22.72
Return on equity (ROE) (%)66.40
Return on Capital Employed (ROCE) (%)48.40
Debt/Equity Ratio0.60
Price/Book Value Ratio5.65

Teerth Gopicon IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
7 April 2024₹10
6 April 2024₹10

Teerth Gopicon IPO Detail Video:

Teerth Gopicon IPO Subscription Status (Bidding Detail)

The Teerth Gopicon IPO on April 10, 2024 at 7:02:00 PM was subscribed 75.54 times, with the retail category being subscribed 44.33 times, the other category being subscribed 97.12 times.


Teerth Gopicon IPO Prospectus

Teerth Gopicon IPO DRHPDownload
Teerth Gopicon IPO RHPDownload

Teerth Gopicon IPO Rating

Our Rating2.5/5.0

Teerth Gopicon Company Contact Information

Teerth Gopicon Limited

Teerth Gopicon Limited

Registered office: 703, Sapath Complex-I, Opp. Rajpath Club, Near Madhur Hotel, Bodakdev, Ahmedabad-380054, Gujarat, India.
Tel No.: +91 91 9979840806
E-Mail: investor@teerthgopicon.com
Contact Person: Diksha Joshi, Company Secretary and Compliance Officer
Website: www.teerthgopicon.com
Corporate Identity Number: U45209GJ2019PLC110249
Promoters of the Company: Maheshbhai Kumbhani, Chandrikaben Kumbhani and Pallav Kumbhani

Teerth Gopicon IPO Registrar

Bigshare Services Private Limited

Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel No.: +91 22-62638200
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Contact Person: Mr. Sagar Pathare
SEBI Reg. No.: INR000001385

Teerth Gopicon IPO Lead Manager

Address: Office No. 508, Fifth Floor, Priviera, Nehru Nagar, Ahmedabad – 380 015, Gujarat, India
Tel No.: 079 46019796
(M) +91-9898055647
Website: www.ifinservices.in
Email: mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Pradip Sandhir
SEBI Reg. No.: INM000012856

Teerth Gopicon IPO FAQs

What is the lot size of Teerth Gopicon IPO?

The total size of Teerth Gopicon IPO is ₹44.40 crores and this is a complete fresh Issue.

When will Teerth Gopicon IPO start?

Teerth Gopicon IPO will open from 8 April 2024 and IPO will close on 10 April 2024.

What is the open date of Teerth Gopicon IPO?

Teerth Gopicon IPO will open date from 8 April 2024.

What is the last date ( close date ) of Teerth Gopicon IPO?

Teerth Gopicon IPO will close from 10 April 2024.

What is the price band of Teerth Gopicon IPO?

Teerth Gopicon IPO price band is ₹111.

What is the minimum amount required to apply for Teerth Gopicon IPO?

The minimum investment for retailers to apply for Teerth Gopicon IPO is ₹133,200 and the maximum investment is ₹133,200.

What is going on gray market premium of Teerth Gopicon IPO?

View gray market premium of Teerth Gopicon IPO by Clicking Here

How much is the GMP of Teerth Gopicon IPO?

Watch Teerth Gopicon IPO GMP Today: Click Here

What is the allotment date of Teerth Gopicon IPO?

The allotment date of Teerth Gopicon IPO is 12 April 2024.

How to check allotment status in Teerth Gopicon IPO?

To check the allotment status of Teerth Gopicon IPO, first of all go to the registrar website by clicking here, select your bad Teerth Gopicon IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Teerth Gopicon IPO?

The listing date of Teerth Gopicon IPO is 16 April 2024.

How much will be the listing gain in Teerth Gopicon IPO?

View listing gain of Teerth Gopicon IPO by Clicking Here

How much time Teerth Gopicon IPO is subscribed?

Total 00.00 times subscribed in Teerth Gopicon IPO out of which 00.00 times subscription was done in retail quota, 00.00 times subscription in other quota.

How to apply for Teerth Gopicon IPO from Upstox?

Click Here to see how to apply for Teerth Gopicon IPO from Upstox. (step by step)

How to apply for Teerth Gopicon PO from Zerodha?

Click Here to see how to apply for Teerth Gopicon IPO from Zerodha. (step by step)

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