Garuda Construction and Engineering Ltd Peer Comparison

Garuda Construction Shares Hold Gains after Positive Listing

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The company offered its shares at a set price band of Rs 90-95 per share, with a lot size of 157 shares.

Garuda Construction and Engineering Makes Debut at 10% Premium

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Prior to the IPO launch, Garuda Construction raised ₹75 crore from institutional investors through its anchor book on October 7.

Garuda Construction and Engineering IPO subscribed 6.8 times so far

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The company has set a price band of Rs 92-95 per share, with buyers able to bid for 157 shares in one lot.

Garuda Construction IPO Subscription Details on Day 3, October 10, 2024

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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.

Garuda Construction and Engineering IPO subscribed 4.10 times on Day 2

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Retail investors maintained their lead, subscribing 6.73 times the limit set aside for them, followed by non-institutional investors.

Garuda Construction IPO Subscription Details on Day 2, October 9, 2024

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The IPO, worth ₹264 Crore, will close on October 10, 2024.

Garuda Construction And Engineering IPO subscribed 1.74 times

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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%.

Garuda Construction IPO Subscription Details on Day 1, October 8, 2024

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IPO price band is set between ₹92-95 per share, with a total offer value of ₹264.10 Crore.