The Teerth Gopicon IPO commenced on April 8, 2024, and concluded on April 10, 2024. The allotment of shares took place on April 12, 2024, and the initiation of refunds began on April 15, 2024. The shares were credited to the demat accounts of investors on April 15, 2024. Finally, the listing of Teerth Gopicon on the stock exchange occurred on April 16, 2024.
The Teerth Gopicon IPO was priced at ₹111 per share, with a lot size of 1200 shares. The total issue size was ₹44.40 crores, comprising a fresh issue of ₹44.40 crores. The IPO was listed on the NSE SME.
Teerth Gopicon IPO Basic Details
| Company Name | Teerth Gopicon Limited |
| Domain of Company | Construction Company |
| Teerth Gopicon IPO GMP Today | ₹16 |
| Teerth Gopicon IPO Listing Gain | 14.41% |
| Teerth Gopicon IPO Open Date | April 8, 2024 |
| Teerth Gopicon IPO Close Date | April 10, 2024 |
| Teerth Gopicon IPO Allotment Date | April 12, 2024 |
| Teerth Gopicon IPO Listing Date | April 16, 2024 |
| Face Value | ₹10 per share |
| Price | ₹111 per share |
| Lot Size | 1200 Shares |
| Issue Size | 3,999,600 shares of ₹10 (aggregating up to ₹44.40 Cr) |
| Fresh Issue | 3,999,600 shares of ₹10 (aggregating up to ₹44.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Maheshbhai Kumbhani, Chandrikaben Kumbhani and Pallav Kumbhani |
Teerth Gopicon IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹16 | 14.41% | – | – |
| 7 April 2024 | ₹16 | 14.41% | – | – |
| 6 April 2024 | ₹16 | 14.41% | – | – |
Teerth Gopicon IPO Details:
Teerth Gopicon Limited, founded in 2019, specializes in building roads, installing sewer systems, and providing water services in Madhya Pradesh. They’ve also worked as a subcontractor on a residential tower project in Indore.
The company is approved by both central and state governments such as ISCDL, IMC, USCL, UMC, MPJNM, and has experience working with private businesses too.
Teerth Gopicon Limited has successfully finished various civil engineering projects including constructing buildings, setting up water systems, laying pipelines, building sewage networks, managing treatment plants, creating overhead tanks, making roads, and restoring lakes.
As of February 29, 2024, the company employs 164 permanent staff members across different departments, including workers.
Teerth Gopicon IPO More Details Click Here
Teerth Gopicon IPO FAQs
When is Teerth Gopicon IPO open?
Teerth Gopicon IPO will open on 8 March 2024.
When is Teerth Gopicon IPO Close?
Teerth Gopicon IPO will be closed on 10 March 2024.
What is Teerth Gopicon IPO GMP Today?
The Teerth Gopicon IPO GMP aka Grey Market Premium is ₹16.
What is Teerth Gopicon IPO Kostak Rates Today?
The Teerth Gopicon IPO Kostak Rate is ₹000.
What is Teerth Gopicon IPO Subject to Sauda Price Today?
The Teerth Gopicon IPO subject to sauda rates is ₹000.
Teerth Gopicon IPO Expected Returns?
The Teerth Gopicon expected return is 14.41%.
How much will be the listing gain in Teerth Gopicon IPO?
Teerth Gopicon IPO will get listing gain of 14.41%. (Approx.)
