Teerth Gopicon IPO opens: Check out price band, lot size, other details

Teerth Gopicon IPO opened for subscription on Monday, April 8. The public issue will conclude on April 10. The Teerth Gopicon IPO is a fixed price issue of Rs 44.4 crore, and the issue is entirely a fresh issue of 40 lakh shares.

Here are the key details to know about the IPO:

Teerth Gopicon IPO price band, Teerth Gopicon IPO lot size

The Teerth Gopicon IPO's price is Rs 111 per share. The minimum lot size for an application is 1,200 shares. The minimum amount of investment required by retail investors is Rs 133,200.

Teerth Gopicon IPO: Book running lead manager

Interactive Financial Services is the book running lead manager of the Teerth Gopicon IPO.

Teerth Gopicon IPO: Registrar

Bigshare Services is the registrar for the issue.

Teerth Gopicon IPO Allotment Date: Friday, April 12, 2024

Teerth Gopicon IPO Listing Date: Tuesday, April 16, 2024

What does Teerth Gopicon do?

Incorporated in 2019, Teerth Gopicon is engaged in the business of road construction, sewerage, and water supply in Madhya Pradesh. It has also provided services as a subcontractor and built a residential tower in the city of Indore. 

Teerth Gopicon IPO: Fund Utilisation

The company proposes to utilise net proceeds from the issue towards the funding of the working capital requirements of the company; and general corporate purposes.

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