Wednesday, September 05, 2018

Garden Reach Shipbuilders IPO Dates, Review, Price Band & Market Lot 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.

Note: Garden Reach Shipbuilders IPO Dates extended till 1st October 2018.

Garden Reach Shipbuilders IPO Review:
  • Good Bet for Long Term
Brokerage Firm IPO Reviews:
  • Asit C Mehta: Subscribe for Long term
  • Canara Bank Securities: Subscribe
  • IIFL: Not Rated
Garden Reach Shipbuilders IPO Dates & Price Band:
  • IPO Open: 24-September-2018
  • IPO Close: 01-October-2018
  • IPO Size: Approx Rs. 345 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: 29,210,360 Shares
  • Discount: Rs.5 Per Share (RII & EMP)
Garden Reach Shipbuilders IPO Market Lot:
  • Shares: Apply for 120 Shares (Minimum Lot Size)
  • Amount: Rs.14,160 (For QIB & HNI)
  • Amount: Rs.13,560 (For RII & EMP)
Garden Reach Shipbuilders IPO Allotment & Listing:
  • Basis of Allotment: 03-October-2018
  • Refunds: 04-October-2018
  • Credit to demat accounts: 05-October-2018
  • Listing: 08-October-2018
Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

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
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

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
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;

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)