Garuda Construction IPO GMP

2024 - 10 - 7

Garuda Construction IPO: A Ticket to Big Earnings or Just Another Fly?

Civil Construction - Garuda Construction - Grey Market Premium - Infrastructure - Investment - IPO - Retail Investors - Stock Market

Ready to soar with Garuda Construction's IPO? Get the scoop on the price band, GMP, and insider tips on whether to invest!

In a much-anticipated turn of events, Garuda Construction and Engineering is ready to take off! The company's Initial Public Offering (IPO) opens for subscription on October 8th, with a price band set between ₹92 to ₹95. This latest listing stands out with a goal of boosting its capacity to handle various civil construction projects, promising a mix of stability and ambition. Garuda's plan to secure larger contracts highlights its focus on not just flying under the radar but taking the industry by storm.

Currently, the company boasts an impressive order book of ₹1400 crore, which is equivalent to a small fortune for construction firms. With 18.3 million fresh shares offered at a face value of ₹5 each, along with an offer for sale of 9.5 million shares, potential investors should be excited about the possibilities. The positive buzz about the company's 23% Grey Market Premium (GMP) further intensifies the conversation around whether it’s worth securing a seat on this flight. Experts suggest keeping an eye out for Garuda's strategies as they aim to grab a larger slice of the pie in the competitive market.

Following the trail of buzzworthy IPOs this season, Garuda isn't the only company making waves. On the same theme of market entry, Shiv Texchem is also set to open its IPO offering soon. With the recent performance of SME listings making headlines, it's safe to say this is an exhilarating time for investors. An air of optimism surrounds new stock offerings, and investors are looking to capitalize on favorable market conditions. But like any journey, do your homework to determine if this path leads to profit.

So, as we gear up for this exciting IPO launch, remember that investing isn't merely about numbers but strategy and timing as well. Garuda Construction promises to enhance its capabilities while ensuring safety on site, indicative of grand plans for growth. And here’s an interesting tidbit: Garuda isn’t just soaring in construction; it aims to build sustainable projects that could lead the green revolution in civil engineering. Keep your wallets ready; there’s a potential goldmine waiting with this IPO!

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Image courtesy of "Livemint"

Garuda Construction and Engineering IPO opens tomorrow: GMP ... (Livemint)

Garuda Construction and Engineering IPO opens for subscription on October 8, with a price band of ₹92 to ₹95. The firm aims to enhance its capacity in ...

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Image courtesy of "Business Standard"

Garuda Construction IPO: 23% GMP, Rs 1400-cr order book; should ... (Business Standard)

The public issue comprises a fresh issue of 18300000 shares and an offer for sale of 9500000 shares with a face value of Rs 5 each.

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Image courtesy of "Moneycontrol.com"

Garuda Construction and Engineering IPO Live: Public offer opens ... (Moneycontrol.com)

Business News Latest Updates Today (October 7): The week started with two NSE SME listing today. While HVAX Technologies made stock market debut with six ...

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Garuda Construction and Engineering IPO: Check price band, GMP ... (Financial Express)

Garuda Construction and Engineering IPO opens on October 07: The company didn't offer more than 35% of the issue to retail investors, as per the SEBI's ...

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Garuda Construction and Engineering IPO Opens Tomorrow: Here's ... (Share Price India News)

The company aims to improve its capacity for handling civil construction projects across different sectors and seeks to secure larger contracts with developers ...

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IPO alert: Garuda Construction and Engineering IPO and Shiv ... (News9 Live)

IPO alert: Garuda Construction and Engineering IPO and Shiv Texchem IPO are all set to open on October 7 and 8 2024, respectively. Garuda IPO is a mainboard ...

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Garuda Construction and Engineering IPO to open on October 8 ... (Business Upturn)

Price Band: ₹92 to ₹95 per equity share · Issue Size: ₹264.10 crore, with a fresh issue of up to 1.83 crore shares amounting to ₹173.85 crore and an offer ...

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Image courtesy of "Business Today"

Garuda Construction IPO opens tomorrow: Check GMP, price band ... (Business Today)

The Rs IPO of Garuda Construction includes a fresh share sale of 1.83 crore shares and an offer-for-sale (OFS) of up to 95 lakh shares by its promoter PKH ...

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Image courtesy of "News24"

Garuda Construction IPO: Price Band, GMP, Lot Size | All Details (News24)

Considering Garuda Construction IPO price band upper limit and the latest grey market premium, listing price of Rs 105 can be estimated.

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Garuda Construction and Engineering IPO: Firm raises ₹75 crore ... (msnNOW)

Garuda Construction and Engineering IPO: Firm raises ₹75 crore from anchor investors ahead of public issue ... Garuda Construction and Engineering IPO opens for ...

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Image courtesy of "Economic Times"

Garuda Construction IPO opens tomorrow. Price band, GMP among ... (Economic Times)

Garuda Construction IPO opens on October 8 and closes on October 10. The company provides end-to-end civil construction services. The Indian construction ...

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Garuda Construction Raises Rs 75 Crore From Anchor Investors ... (NDTV Profit)

Garuda Construction secures ₹75 crore from anchor investors before its ₹264-crore IPO. Check IPO details, share price, and financial performance.

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Garuda Construction and Engineering IPO Day 1: GMP, subscription ... (Livemint)

Garuda Construction and Engineering IPO opens today, priced at ₹92-95 per share. The firm raised ₹75 crores from anchor investors and boasts significant ...

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Garuda Construction and Engineering IPO opens today: Should you ... (CNBCTV18)

AG Dynamic Funds is the largest buyer amongst them, picking up 21.05 lakh shares worth ₹20 crore, while Trust Mutual Fund, Maybank Securities, North Star ...

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Garuda Construction IPO opens: GMP rises marginally; should you ... (Business Standard)

Garuda Construction has succeeded in garnering reviews from several brokerages including Anand Rathi Research, SMIFS, and Arihant Capital Markets for its ...

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Garuda Construction IPO: Should You Apply? Check GMP ... (News18)

The Garuda Construction and Engineering IPO will remain opened for public subscription between October 8 and October 10. Should You Apply?

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Garuda Construction and Engineering IPO opens for subscription ... (Economic Times)

The company has fixed a price band of Rs 92-95 per share, where investors can bid for 157 shares in one lot. Garuda Construction GMP. According to market ...

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Garuda Construction IPO GMP Today, Subscription Status | All Details (News24)

New Delhi: Garuda Construction IPO GMP today fell in the grey market as the Rs 264 crore public issue opened for bidding rounds on Tuesday, October 08, ...

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garuda construction ipo: Garuda Construction IPO sails through on ... (Economic Times)

Garuda Construction and Engineering's IPO has successfully subscribed on its first day, driven by retail investors who oversubscribed their portion by 173%.

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Garuda Construction IPO sails through on Day 1 so far; GMP takes a ... (Business Today)

Mumbai-based Garuda Construction and Engineering is selling its shares in the price band of Rs 92-95 apiece. Investors can apply for a minimum of 157 shares ...

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Image courtesy of "Moneycontrol.com"

Garuda Construction and Engineering IPO fully subscribed on day 1 ... (Moneycontrol.com)

Garuda Construction and Engineering IPO | The Mumbai-based EPC company targets to mobilise Rs 264.10 crore via public issue at the upper price band.

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Garuda Construction and Engineering IPO: Issue subscribed 1.91 ... (Livemint)

According to stock exchange data, the issue received bids for 3,80,15666 shares compared to the 1,99,04862 equity shares offered, with a price range of ...

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