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IPO Status: Upcoming [8th Oct 2024 to 10th Oct 2024]
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IPO Details | Values |
---|---|
IPO Open Date | 8th Oct 2024 |
IPO Close Date | 10th Oct 2024 |
IPO Issue Size | ₹264.10 Cr |
IPO Issue Price | ₹92.00-95.00 |
Market Lot | 157 Shares |
Latest and updated information about Garuda Construction and Engineering IPO. Dates are updated as they are announced.
IPO Activity | Date |
---|---|
IPO Open Date | 8th Oct 2024 |
IPO Close Date | 10th Oct 2024 |
Basis of Allotment Finalisation Date* |
11th Oct 2024 |
Refunds Initiation* | 14th Oct 2024 |
Credit of Shares to Demat Account* |
14th Oct 2024 |
IPO Listing Date* | 15th Oct 2024 |
* - Tentative Dates
Once an IPO closes for subscription, registrar prepares a basis of allotment in line with SEBI's guidelines. Allotment generally takes place within 1 to 3 days after issue closure.
IPO applicant in any category; QIB, NII, or Retail investor can check the allotment status on the official website of the IPO registrar. Check the Garuda Construction and Engineering IPO allotment link below:
Follow the below steps to know whether you got the AGaruda Construction and Engineering public issue IPO allotment or not;
Note: As registrar is respomsible for the allotment, credit of shares, and refund processes. Thus, in case of any discrepency regarding shares allocation and refunds, you can raise your query to the registrar ([email protected]).
You will also be intimated for allotment status by your bank and broker via email and SMS. A bidder can also check the allotment status by login to their Demat account with your broker.
Garuda Construction and Engineering IPO Allotment Status >>Garuda Construction and Engineering IPO Allotment is not declared yet, expected to be declare by 11th Oct 2024, will provide the link once allotment is out.
When an IPO bidder wants to know how shares are allotted to different categories of investors, he/she must check IPO basis of allotment (BOA).
Basis of allotment (BOA) is an important document prepared by registrar to provide complete details on how many applications or bids have been received for the public issue by anchor investors, QIBs, NIIs, and Retail investors (RII) and the ratio of shares allocations. Thus the document shows the IPO demand by providng details on number of applications received along with the shares reserved across categories, and the shares allocation ratio for different categories of applicants.
The allocation ratio in the BOA specifies that how many applicants will receive one lot of shares among specified number of applicants. For instance, if the ratio is 1:10 means every 1 out of 10 IPO applicants will receive one IPO lot.
Last Updated on 2024-10-02T00:32:54+00:00
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Garuda Construction and Engineering IPO shares allotment decision can be expected by 11-10-2024.
The Garuda Construction and Engineering IPO allotment status is not yet available. Allotement is expected by 11-10-2024.
Once shares are allotted and refund has made then thereafter, the IPO will be listed in the market. TheGaruda Construction and Engineering IPO shares are expected to list by 15-10-2024.
After successful allotment of the Garuda Construction and Engineering IPO on 11-10-2024, the share will be credited to your demat account next day. Investors whom shares will be allotted will get its delivery in their demat account, however, for those whom shares have not been allotted will get refunds of the payment made.