Teerth Gopicon Limited IPO (Teerth Gopicon IPO)

Teerth Gopicon Limited IPO
Upcoming Teerth Gopicon IPO | New Teerth Gopicon IPO

Teerth Gopicon Limited is engaged in the business of road construction, sewerage and water supply in Madhya Pradesh. The company has also provided services as a subcontractor and built a residential tower in the city of Indore.

The company has undertaken various works as a registered contractor of various central and state governments like ISCDL, IMC, USCL, UMC, MPJNM etc. and has also undertaken construction works for the private sector.

The company has undertaken a wide range of civil engineering projects such as building construction, water supply, pipelines, sewage network, sewage treatment plant, nalla taps, reuse network, overhead tanks, GSR, road construction, lake rehabilitation, etc.

As at February 29, 2024, the company had a total of 164 permanent employees (including workmen) in various departments.

Teerth Gopicon IPO

Teerth Gopicon IPO – Details

IPO Opening Date08 April 2024
IPO Closing Date10 April 2024
Issue TypeFixed Price Issue IPO
Issue Size39,99,600 Shares Worth ₹44.40 Crore
Fresh Issue: 39,99,600 Shares Worth ₹44.40 Crore
Face Value₹10 per equity share
IPO Price₹111
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
Retail Shares Offered50%
Other Shares Offered50%

Teerth Gopicon IPO – Date Schedule

IPO Open Date08 April 2024
IPO Close Date10 April 2024
Basis of Allotment12 April 2024
Initiation of Refund15 April 2024
Credit of Shares to Demat Account15 April 2024
IPO Listing Date16 April 2024
Cut-off time for UPI mandate confirmation5 PM on April 10, 2024

Teerth Gopicon IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11200₹1,33,200
Retail (Maximum)11200₹1,33,200
HNI (Minimum)22400₹2,66,400

Competitive Strengths

  • Extensive experience in managing and completing projects on time and within budget.
  • Strong Presence in Madhya Pradesh.
  • Continuous focus on Equipment ownership.
  • Focused Player in Water Supply projects(WSP).
  • Robust network and relationships with suppliers, enabling better negotiating power and access to high quality materials.
  • Visible growth through a robust order book.

Company Promoters

  • Maheshbhai Kumbhani
  • Chandrikaben Kumbhani
  • Pallav Kumbhani

Object Of The Issue

  • Funding the working capital requirements of the company; and
  • General Corporate Purpose.
Teerth Gopicon IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202146.2045.520.469.33
31 March 202231.2030.870.1513.65
31 March 202339.1436.631.793.37
31 January 202469.7058.967.849.37
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)11.26
EPS (Rs)2.247.84
P/E (x)49.5514.16

Teerth Gopicon IPO Promoter Holding

Pre Issue Share Holding96.50%
Post Issue Share Holding64.33%

Teerth Gopicon IPO Prospectus

Company Contact Information

Teerth Gopicon Limited

703, Sapath Complex-I, Opp. Rajpath Club,
Near Madhur Hotel,
Bodakdev, Ahmedabad-380054

Phone: +91 9979840806
Email: investor@teerthgopicon.com

Teerth Gopicon IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Teerth Gopicon IPO Lead Manager(s)

1. Interactive Financial Services Ltd

Teerth Gopicon IPO FAQs

Teerth Gopicon IPO FAQs
What is Teerth Gopicon IPO?

Teerth Gopicon IPO is a SME IPO. The issue is priced at ₹111 per equity share. The IPO is to be listed on NSE SME.
When Teerth Gopicon IPO will open?

The IPO is to open on 08 April 2024 for Retails – 50% and Others – 50% Investors.
How to Teerth Gopicon IPO?

You can apply for Teerth Gopicon IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Teerth Gopicon IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Teerth Gopicon”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Teerth Gopicon IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Teerth Gopicon”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Teerth Gopicon IPO Size?

Teerth Gopicon IPO size is ₹44.40 crores.
What is Teerth Gopicon IPO Price Band?

Teerth Gopicon IPO Price Band is ₹111.
What is Teerth Gopicon IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,33,200 amount while the maximum bid is 1200 shares with ₹1,33,200.
What is the Teerth Gopicon IPO Allotment Date?

Teerth Gopicon IPO allotment date is  12 April 2024.
What is the Teerth Gopicon IPO Listing Date?

Teerth Gopicon IPO listing date is 16 April 2024. The IPO is to list on NSE SME.
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