Business Standard

Teerth Gopicon Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

44.40 cr

Price Range (₹)

111

Lot Size

1200

Min Investment (₹)

1,33,200.00

Listing Exchange

NSE - SME

Open Date

08-Apr-2024

Close Date

10-Apr-2024

Listing Date

16-Apr-2024

Teerth Gopicon Ltd News

    The Shares of Teerth Gopicon Ltd have now been listed.

    Teerth Gopicon Ltd IPO Details

    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.

    Objective of issue

    Funding the working capital requirement. General corporate purposes.

    Teerth Gopicon Ltd Contact Details

    Teerth Gopicon Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - investor@teerthgopicon.com

    Website - www.teerthgopicon.com