Category Archives: Garden Reach Shipbuilders GMP

Garden Reach Shipbuilders IPO : Date, Price, Allotment Status, Listing, Grey Market Premium

Government of India (GOI) owned enterprise, Garden Reach Shipbuilders is soon going to come out with its initial public offering (IPO) tentatively in July – August.

Garden Reach Shipbuilders IPO Detail : Important Dates, Offer Price, Grey Market Premium, Allotment Status, Listing, Registrar, Prospectus of Garden Reach Shipbuilders IPO

I am sure investors would be searching for all details about Garden Reach Shipbuilders IPO which will help them to decide whether to invest or not in this IPO.

Garden Reach Shipbuilders Company Profile :

Garden Reach Shipbuilders & Engineers Limited was incorporated at Calcutta on February 26, 1934. The Company is a shipbuilding company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.

In addition, company is engaged in engineering and engine production activities. Company manufactures deck machinery items, pre-fabricated portable steel bridges and marine pumps.

Over the years, the Company has established capabilities for in-house design and shipbuilding and has made considerable contributions to the indigenous warship construction program of the country. Company’s shipbuilding product line spans from technologically sophisticated Frigates and Corvettes to Fast Patrol Vessels.

Garden Reach Shipbuilders Promoters:

The Promoter of the company is the President of India acting through the Ministry of Defense (MoD). The Promoter currently holds, directly and indirectly (through his nominees), 100% of the pre-Offer paid-up Equity Share capital of the Company.

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Garden Reach Shipbuilders IPO IPO Detail :

Issue Open: Yet to be announced.
Issue Type: Book Built Issue IPO
Issue Size: 20,046,600 Equity Shares of Rs 10
Face Value: Rs 10 Per Equity Share
Issue Price: Yet to be announced.
Market Lot: Yet to be announced.
Minimum Order Quantity: Yet to be announced.
Listing At: BSE, NSE

Important Dates of Garden Reach Shipbuilders IPO :

Bid/Offer Opens On: Yet to be announced.
Bid/Offer Closes On: Yet to be announced.
Finalisation of Basis of Allotment: Yet to be announced.
Initiation of refunds: Yet to be announced.
Credit of Equity Shares to demat accounts: Yet to be announced.
Commencement of trading of the Equity Shares on the Stock Exchanges: Yet to be announced.

IPO Issue Allocation :

    • Qualified institutional buyers (QIBs) – 50% of the offer.
    • Non-institutional bidders – 15% of the offer.
    • Retail individual bidders – 35% of the offer.

Garden Reach Shipbuilders IPO Subscription Details :

Category Shares offered Subscription (no. of times)
Day 1 Day 2 Day 3
QIB
NII
Retail
Employees
Total

Download Red Herring Prospectus of Garden Reach Shipbuilders IPO :

To Download Red Herring Prospectus of Garden Reach Shipbuilders IPO Click Here

Grey Market Premium (GMP) of Garden Reach Shipbuilders :

Currently the Grey Market Premium of Garden Reach Shipbuilders is not available. Visit again for the Grey Market Premium of Garden Reach Shipbuilders once the issue price gets decided.

Company Contact Information :

Garden Reach Shipbuilders Limited,
43/46 Garden Reach Road
Kolkata – 700024, West Bengal, India.
Phone : 91-033-24698100-8114 Fax : 91-033-24698150
Email : secygrse@vsnl.net
Website : www.grse.nic.in

Garden Reach Shipbuilders IPO Registrar :

Alankit Assignments Limited
205-208, Anarkali Complex,
Jhandewalan Extension
New Delhi – 110 055

Phone: +91 11 4254 1234
Fax: +91 11 4154 3474
Email: ipo@alankit.com
Website: www.alankit.com

Garden Reach Shipbuilders IPO Lead Manager(s) :

  1. IDBI Capital Markets & Securities Ltd
  2. Yes Securities (India) Ltd

Garden Reach Shipbuilders IPO Allotment Status :

You would be able to check the allotment status i.e., whether you have got the shares of Garden Reach Shipbuilders or not by vising the website of Registrar of the Issue which in this case is Alankit.

Check Garden Reach Shipbuilders IPO Allotment Status @ Check Garden Reach Shipbuilders IPO Allotment Online