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IPO Synopsis IPO   > IPO Synopsis
As on : May 01,2024 12:42 PM
Teerth Gopicon Ltd
Registered Office: No.703 Sapath Complex-I,Near Madhur Hotel Bodakdev, Ahmedabad - 380054, Gujarat, India.
Phone : +91 91 99798 40806   Fax:
Email :    
Website :  
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.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Apr-24 10-Apr-24 (Rs) 111.00 (Rs) 0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Lead Managers to the Issue
Project Cost (Rs.Cr) 43.64 Interactive Financial Services Ltd
Project Financed through Current Offer (Rs.Cr) 44.40  
Post Issue Equity Share Capital (Rs.Cr) 12.00  
Issue Price (Rs) 111.00  
Projects
Funding the working capital requirement General corporate purposes
Promoted By
Maheshbhai Kumbhani
Chandrikaben Kumbhani
Pallav Kumbhani
Listing At
NSE - SME
Registrar to the Issue
No Data Available