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graph-market IPO

Teerth Gopicon Ltd

Registered Office: No.703 Sapath Complex-I,Near Madhur Hotel Bodakdev, Ahmedabad - 380054, Gujarat, India.
Phone : +91 91 99798 40806   Fax:
Email :  investor@teerthgopicon.com  
Website :  www.teerthgopicon.com

Initial public issue of upto 39,99,600 equity shares of face value of Rs. 10/- each of Teerth Gopicon Limited ("TGL" or the "Company" or the "Issuer") for cash at a price of Rs. 111 per equity share including a share premium of Rs. 101 per equity share (the "Issue Price") aggregating to Rs. 44.40 crores ("The Issue"), of which 2,00,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 111 per equity share including a share premium of Rs. 101 per equity share aggregating to Rs. 2.23 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 37,99,200 equity shares of face value of Rs. 10/- each at a price of Rs. 111 per equity share aggregating to Rs. 42.17 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 33.33 % and 31.66 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 11.1 times of the face value. Minimum application of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
08-Apr-24 10-Apr-24 111.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 43.64 Interactive Financial Services Ltd
Project Financed through Current Offer 44.40  
Post Issue Equity Share Capital 12.00  
Issue Price 111.00  

Projects

  • Funding the working capital requirement
  • General corporate purposes

Promoted By

Maheshbhai Kumbhani

Chandrikaben Kumbhani

Pallav Kumbhani

Listing At

NSE - SME

Registrar to the Issue

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