| Mar-2025 | Dec-2024 | Oct-2024 | Oct-2024 | May-2024 | |
|---|---|---|---|---|---|
Promoter | - | - | - | - | - |
Foreign | 0% | 0% | 0% | 0% | 0% |
Indian | 67.56% | 67.56% | 67.56% | 67.56% | 96.81% |
Total Promoter | - | - | - | - | - |
Institutions | 5.46% | 8.09% | 14.93% | 14.93% | 3.18% |
Non-Institutions | 26.97% | 24.33% | 17.49% | 17.49% | 0% |
Total Non-Promoter | 32.43% | 32.43% | 32.43% | 32.43% | 3.18% |
Custodian | 0% | 0% | 0% | 0% | 0% |
Total | 100% | 100% | 100% | 100% | 100% |
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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