BUSINESS OVERVIEW
Our Company was originally incorporated 2019 Teerth Gopicon Private Limited‘ We are an engineering construction and development company engaged primarily in the construction of roads, sewerage work and water distribution Work in the Madhya Pradesh.
We have also worked as sub-contractor and constructed residential tower in the city of Indore.Our company has taken up various work as a registered Civil contractor of various Central/State Government like ISCDL, IMC, USCL, UMC, MPJNM etc. and also executed building works for private sector.
Our company has executed wide range of civil engineering projects like building construction work, water supply, pipeline, , sewerage network, sewerage treatment plant, nalla tapping work, Re-use network, Over Head Tanks, GSR, , Road work, Rejuvenation of Lake etc. Our Client – Indore Smart City Development Ltd. Ujjain Smart City Ltd.Madhya Pradesh Jal Nigam Maryadit.Municipal Corporation Ujjain .
As an EPC contractor, the scope of our services includes detailed engineering of the project, procurement of construction materials, plant and machinery, construction and execution of the project and its operation and maintenance in accordance with the contractual provisions. Our manpower, resources and fleet of machinery and equipment, together with our engineering capabilities, enables us to execute a large number of projects simultaneously.
TEERTH GOPICON IPO DATE & PRICE BAND DETAILS
| IPO Open Date | April 8, 2024 |
|---|---|
| IPO Close Date | April 11, 2024 |
| IPO Size | 4,000,000 shares (Approx ₹44.40 Cr) |
| Fresh Issue | 4,000,000 shares (Approx ₹44.40 Cr) |
| Lot Size | 1200 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹111 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 50% |
| IPO QIB Quota | -% |
| IPO NII Quota | 50% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
TEERTH GOPICON IPO MARKET LOT DETAILS
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹133,200 |
| Retail Maximum | 1 | 1200 | ₹133,200 |
| S-HNI Minimum | 2 | 2400 | ₹266,400 |
OBJECTS OF ISSUE
- Funding the working capital requirements of our Company.
- General Corporate Purpose.
TEERTH GOPICON IPO ALLOTMENT & LISTING DATE (DETAILS)
| IPO Open Date | April 8, 2024 |
|---|---|
| IPO Close Date | April 11, 2024 |
| Basis of Allotment | April 12, 2024 |
| Refunds | April 15, 2024 |
| Credit to Demat Account | April 15, 2024 |
| IPO Listing Date | April 16, 2024 |
TEERTH GOPICON FINANCIAL REPORTS
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2023 6Month | ₹37.42 | ₹32.71 | ₹3.40 |
| 2023 | ₹39.15 | ₹36.63 | ₹1.79 |
| 2022 | ₹31.21 | ₹30.88 | ₹0.15 |
| 2021 | ₹46.21 | ₹45.53 | ₹0.46 |
Qualitative Factors
- Extensive experience in managing and completing projects on time and within budget.
- Strong Presence in Madhya Pradesh.
- Continuous focus on Equipment ownership.
- Focused Player in Water Supply projects(WSP).
- Robust network and relationships with suppliers, enabling better negotiating power and access to highquality materials.
- Visible growth through a robust order book.
TEERTH GOPICON IPO PEER COMPARISON
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Teerth Gopiconm Limited | 10.00 | 3.58 | [.] | 22.72 | 15.77 | 3907.66 |
| Peer Group | ||||||
| Man Infraconstruction Limited | 2.00 | 4.47 | 45.07 | 14.61 | 30.60 | 88,096.76 |
| ITD Cementation India Limited | 1.00 | 7.23 | 38.71 | 10.04 | 72.04 | 470,058.03 |
| Likhitha Infrastructure Limited | 5.00 | 15.22 | 18.53 | 24.01 | 63.39 | 35,861.52 |
| Udayshivakumar Infra Limited | 10.00 | 2.90 | 13.52 | 11.13 | 26.05 | 28,790.71 |
Teerth Gopicon Comparison with industry peers .
- Man Infraconstruction Ltd.
- ITD Cementation India Ltd.
- Likhitha Infrastructure Ltd.
- Udayshivakumar Infra Ltd.
TEERTH GOPICON COMPANY CONTACT DETAILS
Address: 703, Sapath Complex-I, Opp. Rajpath Club, Near Madhur Hotel, Bodakdev,
Ahmedabad – 380054, Gujarat, India.
Tel No: 079 40306086
Website: www.teerthgopicon.com
E-mail: investor@teerthgopicon.com
TEERTH GOPICON IPO REGISTAR
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com
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