Garden Reach Shipbuilders & Engineers Limited IPO Details

Garden Reach Shipbuilders & Engineers Limited IPO Details

Garden Reach Shipbuilders & Engineers Limited is coming up with an IPO. The company is incorporated in 1913 and it is a Mini Ratna Category I Company. They are engaged in ship building promoted by President of India, acting through the Ministry of Defence. The PSU company is geared up the ipo worth Rs.1000-1200 crore. The company works on the requirements comes from Indian Navy and Indian Coast Guard. They manufacturer deck machinery items, pre fabricated portable steel bridges and marine pumps. They have three manufacturing facilities in India. They have order book over 2 lakh millions which is a bigger one. They have over 2200 full time employees. Stay tuned for Garden Reach Shipbuilders ipo dates, price band and more details.

Garden Reach Shipbuilders IPO Review:

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Garden Reach Shipbuilders IPO Dates & Price Band:

IPO Open: 24,September-2018

IPO Close: 26,September-2018

IPO Size: Aggregating upto 237 Crore (Approx)

Face Value: Rs.10 Per Equity Share

Price Band: Rs. 115  to 118 Per Share

Listing on: BSE & NSE

Retail Portion: 35%

Equity: 20,046,600 Shares

Retail discount Rs. 5/- per share

Garden Reach Shipbuilders IPO Market Lot:

Shares: Apply for - 120 Shares (Minimum Lot Size)

Amount: Rs.14160/-

Garden Reach Shipbuilders IPO Allotment & Listing:

Basis of Allotment: September-2018

Refunds: September-2018

Credit to demat accounts: September-2018

Listing: September-2018

Garden Reach Shipbuilders Financial:

  Rs. in Crore

Revenue Expense PAT

2013
1602 1408 132
2014
1694 1515 117
2015
1639 1564 46
2016
1847 1613 157
2017
1158 1145 13
H1 2018
585 556 20

Company Promoters:

President of India, acting through the Ministry of Defence

Garden Reach Shipbuilders IPO Registrar:

Alankit Assignments Ltd

Alankit House 2E/21

Jhandewalan Extension

New Delhi – 110055

Phone: (011) 4254 1234

Fax: (011) 4254 1967

Email: info@alankit.com

Website: http://www.alankit.com

Note: Check Garden Reach Shipbuilders ipo allotment status on Alankit website allotment URL: Click Here

Garden Reach Shipbuilders IPO Lead Managers:

IDBI Capital Market Services Limited

Yes Securities (India) Limited

Company Address:

Garden Reach Shipbuilders & Engineers Limited

43/46 Garden Reach Road,

Kolkata – 700 024,

West Bengal, India;

Contact Person: Sandeep Mahapatra,

Company Secretary and Compliance Officer

Tel: 033-2469 8545;

Fax: 033-2469 8150;

Email: co.sec@grse.co.in;

Website: www.grse.in

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