Garuda Construction and Engineering IPO Details GMP Price, Launch Date, share price, Issue Size, Review

OUR BUSINESS

Garuda Construction and Engineering Company is a Growing civil construction company with growth in revenue from operations of ₹ 3642.70 lakhs for the four months ended July 31, 2023, ₹ 16068.76 lakhs, ₹ 7702.08 lakhs, and ₹ 7195.52 lakhs or Fiscal 2023, Fiscal 2022, and Fiscal 2021, respectively.

We provide end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure, and industrial projects and additional services for infrastructure and also hospitality projects, Wherein, civil construction includes the construction of residential, hospitality, industrial, infrastructural, and commercial buildings, construction of concrete building structures and composite steel structures which are required for the civil construction.

Further, we are also involved in the sector of civil construction cum services. The construction of concrete building structures and composite steel structures are procured by us from underlying sub-contractors as per specified designs which may be mandated by overlying developers or by our engineering teams.

Further, we also provide services such as operations and maintenance services (“O&M”) and Mechanical, Electrical, and Plumbing (“MEP”) services and finishing works as a part of our construction services. Hence, we offer complete construction services under our banner.

GARUDA CONSTRUCTION AND ENGINEERING IPO DATE & PRICE BAND DETAILS

GARUDA CONSTRUCTION AND ENGINEERING IPO MARKET LOT DETAILS

OBJECTS OF THE OFFER

Our Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the BSE Limited and National Stock Exchange of India:

1. Working Capital Requirements
2. General Corporate Expenses and unidentified inorganic acquisitions
3. Issue Expenses

GARUDA CONSTRUCTION AND ENGINEERING IPO ALLOTMENT & LISTING DATE (DETAILS)

GARUDA CONSTRUCTION AND ENGINEERING FINANCIAL REPORT

OUR PROMOTERS

The promoters of our Company are

1. Pravinkumar Brijendra Kumar Agarwal.
2. PKH Ventures Limited
3. Makindian Township Private Limited

QUALITATIVE FACTOR

We believe the following business strengths allow us to successfully compete in the industry:

1. Our primary focus is the civil construction of residential and commercial buildings and now we are venturing into industrial, and infrastructural projects as well.
2. We have established a track record of successfully executing a diverse mix of construction projects i.e., residential, hospitality, and commercial projects.
3. Our goal is to use our project management and execution capabilities to accomplish our projects on schedule while keeping high construction quality.
4. We have an experienced promoter and management team with our Chairperson and Managing Director who is also our Promoter, having over 2 decades of experience in various businesses, such as construction, hospitality, and management services.
5. Our marketing and sales strategies)Visible growth through increasing order book.

Basic & Diluted Earnings Per Equity Share (“EPS”)

GARUDA CONSTRUCTION AND ENGINEERING COMPANY CONTACT DETAILS

201, A Wing, Fortune 2000
C -3 Block, Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051, Maharashtra
Email: compliance@garudaconstructionengineering.com
Telephone: +91 22 79635174
Website:www.garudaconstructionengineering.com

GARUDA CONSTRUCTION AND ENGINEERING IPO REGISTAR

Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan