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Garden Reach Shipbuilders & Engineers Ltd.

Garden Reach Shipbuilders & Engineers Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹118
₹118
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹118
Based on GMP
Min. Investment
₹14,160
1 lot × 120 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 Sep 2018
Close Date
01 Oct 2018
Allotment
01 Oct 2018
Listing Date
10 Oct 2018
Exchange
NSE & BSE
Price Band
₹118
Listing Price
See chart
Allotment Status
Price Band
₹118
Per share
Face Value
₹10 per share
 
Lot Size
120 Shares
per lot
Issue Size
2,92,10,760 shares (aggregating up to ₹343.59 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,160
1 lot
Pre-IPO Holding
11,45,52,000 shares
Promoters
Post-IPO Holding
11,45,52,000 shares
Promoters
UPI Deadline
2018-10-01
Mandate
Anchor AllotmentSun, 23 Sep 2018
Basis of AllotmentMon, 01 Oct 2018
Refund InitiationWed, 03 Oct 2018
Demat CreditWed, 03 Oct 2018
Listing DayWed, 10 Oct 2018
UPI Mandate Deadline2018-10-01
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Garden Reach Shipbuilders & Engineers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Oct 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
29,210,760
100% ₹344.69
IPO Shares Offered
Garden Reach Shipbuilders & Engineers Ltd. IPO total issue size: ₹344.69 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 29,210,760 ₹344.69
100.00%
* Based on upper price band ₹118 per share
Lot Size & Investment
Lot Size
120
Shares per Lot
Issue Price
₹118.00
Upper Band
Min Investment
₹14,160
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2240₹28,320
Retail (Max — 14 Lots)141,680₹198,240
S-HNI (Min — 15 Lots)151,800₹212,400
B-HNI (Min — 71 Lots)718,520₹1,005,360
* Issue Price ₹118 × Lot Size 120 shares
IPO Schedule
Anchor
23 Sep 2018
✓ Done
IPO Open
24 Sep 2018
✓ Done
IPO Close
01 Oct 2018
✓ Done
Allotment
01 Oct 2018
✓ Done
Refunds
03 Oct 2018
✓ Done
Demat Credit
03 Oct 2018
✓ Done
Listing Day
10 Oct 2018
✓ Done
Garden Reach Shipbuilders & Engineers Ltd. — Live Price LIVE
₹118.00
INR · BSE
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Issue ₹118.00 Live Price
About Garden Reach Shipbuilders & Engineers Ltd.
Incorporated in 1913, Garden Reach Shipbuilders & Engineers Limited is a Mini Ratna-Category I company engaged in shipbuilding company under the administrative control of the MoD.The company primarily adheres to the requirements of the Indian Navy and the Indian Coast Guard. It is also engaged in the engineering and engine production activities and manufactures deck machinery items, pre-fabricated portable steel bridges, and marine pumps.Garden Reach Shipbuilders has three separate facilities for shipbuilding, located at Kolkata, India. The ships are built at the Main Works Unit and the Rajabagan Dockyard. The third facility, is mainly used for fitting out and repair of ships.The Company has many firsts to its credit in the Indian shipbuilding industry. It is the first Indian shipyard to integrate carbon composite superstructure with steel hull for the construction of the third ASW Corvette for the Indian Navy.It is also the first and the only Indian shipyard to build and subsequently deliver a fleet tanker to the Indian Navy and to build and subsequently deliver a hovercraft to the Indian Coast Guard among others.The shipbuilding division contributes majorly to the company's revenue from operations. It has contributed 81.23%, 75.10%, 79.09% and 83.33% of gross revenue from operations in September 30, 2017, Fiscals 2017, 2016and 2015 respectively.Strengths of the Company-1. Strong Order Book of Rs 208,033.60 million as on February 28, 2018.2. Significant advantage over global shipyards in securing contracts due to Make in India initiative.3. Offers diversified products and services in addition to shipbuilding4. Modern infrastructure with integrated shipbuilding capabilitiesThe company has 2,224 full-time employees on its payroll.
Garden Reach Shipbuilders & Engineers Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,846.8
31-Mar-16
₹1,158.0
31-Mar-17
₹5,858.4
30-Sep-17
Profit After Tax (PAT)
₹162.1
31-Mar-16
₹12.2
31-Mar-17
₹18.1
30-Sep-17
Particulars30-Sep-1731-Mar-1731-Mar-16
Revenue from Operations 5858.39 1157.96 1846.75
EBITDA N/A N/A N/A
Profit After Tax (PAT) 18.07 12.23 162.05
Net Worth N/A N/A N/A
Total Assets 4699.93 4565.00 4451.49
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered2,92,10,760 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding11,45,52,000 shares
Post-Issue Promoter Holding11,45,52,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IDBI Capital Markets Services Ltd.
YES Securities (India) Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Garden Reach Shipbuilders & Engineers Ltd. IPO subscribed?

Garden Reach Shipbuilders & Engineers Ltd. IPO is subscribed 1.00 times by Oct 01, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Garden Reach Shipbuilders & Engineers Ltd. IPO retail subscription status?

The Garden Reach Shipbuilders & Engineers Ltd. IPO retail category is subscribed 1.00 times as of 01 Oct 2018. The retail portion is oversubscribed.

How to subscribe Garden Reach Shipbuilders & Engineers Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Sep 2018 and closes 01 Oct 2018. Min investment: ₹14,160 (1 lot = 120 shares). UPI mandate: 2018-10-01.

How many times Garden Reach Shipbuilders & Engineers Ltd. IPO subscribed?

The Garden Reach Shipbuilders & Engineers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Garden Reach Shipbuilders & Engineers Ltd. IPO allotment?

Check allotment on the registrar website (Alankit Assignments Ltd.) at http://ipo.alankit.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Oct 2018. Refunds: on 03 Oct 2018.

When Garden Reach Shipbuilders & Engineers Ltd. IPO will be listed?

The Garden Reach Shipbuilders & Engineers Ltd. IPO listing date is 10 Oct 2018, Wednesday. Listed on: NSE & BSE. Issue price: ₹118. Estimated listing: ₹118. GMP: NIL.

When Garden Reach Shipbuilders & Engineers Ltd. IPO close?

The Garden Reach Shipbuilders & Engineers Ltd. IPO closes on 01 Oct 2018, Monday. UPI mandate: 2018-10-01. Allotment: 01 Oct 2018. Listing: 10 Oct 2018.