Teerth Gopicon is an engineering construction and development company engaged primarily in the construction of roads, sewerage work, and water distribution work in Madhya Pradesh. They have also worked as sub-contractors and constructed residential towers in the city of Indore. They as corporate have a track record of not more than 5 years. However, the promoter of the Company Maheshbhai Khumbhani started the Proprietorship in the name of Gopi Construction in the year 2009.
The company has taken up various work as a registered Civil contractor of various Central/State Governments like ISCDL, IMC, USCL, UMC, MPJNM, etc., and also executed building works for the private sector. The company has executed a wide range of civil engineering projects like building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, Re-use network, Head Tanks, GSR, Road work, Rejuvenation of Lake, etc.
As an EPC contractor, the scope of their services includes detailed engineering of the project, procurement of construction materials, plant and machinery, construction and execution of the project, and its operation and maintenance by the contractual provisions. Their manpower, resources, and fleet of machinery and equipment, together with their engineering capabilities, enable us to execute a large number of projects simultaneously. They believe that their resource, quality of work, and project execution skills have enabled us to enhance their relationships with existing clients and helps us to further secure projects from new clients.
Objects of the Issue:
- Funding the working capital requirements of our Company.
- General Corporate Purpose.
Teerth Gopicon IPO Review
- May Apply
Teerth Gopicon IPO Date & Price Band Details
| IPO Open: | April 8, 2024 |
| IPO Close: | April 11, 2024 |
| IPO Size: | Approx ₹44.40 Crores, 4,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹111 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Teerth Gopicon IPO Market Lot
The Teerth Gopicon IPO minimum market lot is 1200 shares with a ₹133,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹133,200 |
| Retail Maximum | 1 | 1200 | ₹133,200 |
| S-HNI Minimum | 2 | 2400 | ₹266,400 |
Teerth Gopicon IPO Dates
The Teerth Gopicon IPO date is April 8 and the IPO close date is April 11. The IPO allotment date is April 2024 and the IPO might list on April 2024.
| IPO Open Date: | April 8, 2024 |
| IPO Close Date: | April 11, 2024 |
| Basis of Allotment: | April 12, 2024 |
| Refunds: | April 15, 2024 |
| Credit to Demat Account: | April 15, 2024 |
| IPO Listing Date: | April 16, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Teerth Gopicon IPO Form
How to apply Teerth Gopicon IPO? You can apply Teerth Gopicon IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Teerth Gopicon IPO in the Invest section. The other option you can apply Teerth Gopicon IPO via IPO forms download via the NSE website. Check out the Teerth Gopicon forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Teerth Gopicon Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹46.21 | ₹45.53 | ₹0.46 |
| 2022 | ₹31.21 | ₹30.88 | ₹0.15 |
| 2023 | ₹39.15 | ₹36.63 | ₹1.79 |
| Sept 2023 | ₹37.42 | ₹32.71 | ₹3.40 |
Teerth Gopicon IPO Valuation – FY2023
Check Teerth Gopicon IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.58 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 22.72% |
| Net Asset Value (NAV): | ₹15.77 per Equity Share |
Peer Group
- Man Infraconstruction Limited
- ITD Cementation India Limited
- Likhitha Infrastructure Limited
- Udayshivakumar Infra Limited
Company Promoters
- Maheshbhai Kumbhani
- Chandrikaben Kumbhani
- Pallav Kumbhani
Teerth Gopicon IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Teerth Gopicon IPO Allotment Status
Check Teerth Gopicon IPO allotment status on Bigshare website URL. Click Here
Teerth Gopicon IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Company Address
Teerth Gopicon Limited
204, Amar Metro Near Balniketan Sangh
Pagnis Paga, Pagnispaga Indore,
Madhya Pradesh, India, 452007
Phone: +91 9979840806
E-mail: [email protected]
Website: www.teerthgopicon.com
