| Purpose | AGM Date | Announcement Date |
|---|---|---|
| AGM | 30 Sep 2026 | 4 Sep 2026 |
| The Annual General Meeting (AGM) of the Company will be held on Wednesday, September 30, 2026, at 11:00 A.M. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Notice of the AGM and the Annual Report will be released in due course Please find enclosed herewith the Notice of the 16th Annual General Meeting and same is also available on the Companys Website. (As per BSE Announcement dated on: 05.09.2026) Garuda Construction and Engineering Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2026 at 11:00 A.M. through Video Conferencing/ Other Audio-Visual Means. (As Per BSE Announcement Dated on:30.09.2026) | ||
The company offered its shares at a set price band of Rs 90-95 per share, with a lot size of 157 shares.
Prior to the IPO launch, Garuda Construction raised ₹75 crore from institutional investors through its anchor book on October 7.
The company has set a price band of Rs 92-95 per share, with buyers able to bid for 157 shares in one lot.
The allocation of shares is divided: 50% for QIBs, 35% for retail investors, and 15% for NIIs. Investors can place bids for a minimum lot of 157 shares.
Retail investors maintained their lead, subscribing 6.73 times the limit set aside for them, followed by non-institutional investors.
The IPO, worth ₹264 Crore, will close on October 10, 2024.
As of 15:58 pm, The retail section was subscribed 3.20 times while NII portion 0.96 times. The QIB portion was subscribed 2%.
IPO price band is set between ₹92-95 per share, with a total offer value of ₹264.10 Crore.
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