Garuda Construction and Engineering Ltd
Registered Office:
201 A Wing Fortune 2000 C-3,Block Bandra K. Cmp. Bandra(E),
Mumbai
-
400051,
Maharashtra, India.
Initial public offering of up to 2,78,00,000 equity shares of face value of (Rs) 5 each ( the "Equity Shares") of Garuda Construction and Engineering Limited ("The Company" or the "Issuer") for cash at a price of (Rs) 95.00 per equity share (including a premium of (Rs) 90.00 per equity share) ("Offer Price") aggregating up to (Rs) 264.10 crores ("The Offer"). The offer comprises of a fresh issue of up to 1,83,00,000, equity shares aggregating up to (Rs) 173.85 crores ("Fresh Issue") and an offer for sale of up to 95,00,000 equity shares by its promoter, PKH Ventures Limited aggregating up to (Rs) 90.25 crores (the "Promoter Selling Shareholder") (the "Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute 29.88 % of its post-offer paid-up equity share capital.
The face value of the equity shares is (Rs) 5 each and the offer price is 19.00 times the face value of the equity shares.
*Subject to the finalsation of the allotment
Opens On
Closes On
Application
Allotment
08-Oct-24
10-Oct-24
95.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
157
Further Multiples of :
157
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
264.10
Post Issue Equity Share Capital
46.52
Working Capital Requirement
General Corporate Purposes
Pravinkumar Brijendra Kumar Ag
PKH Ventures Ltd
Makindian Township Pvt Ltd