Teerth IPO

Teerth Gopicon Ltd

₹1,33,200 /1200 sharesMinimum Investment

Teerth IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹111.00₹125.00₹14.00 (12.61%)

Teerth IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
8 Apr ‘24 - 10 Apr ‘24₹1,33,2001,200₹111 - ₹111
Issue SizeIPO Doc
44.40Cr
RHP PDF

About Teerth

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. We as corporate have the track record of not more than 5 years. However the promoter of the Company Maheshbhai Khumbhani has started the Proprietorship in the name of Gopi Construction in the year 2009. 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.;
Parent Organisation
Teerth Gopicon Ltd
Founded
2019
Managing Director
Mr. Mahesh Kumbhani

Strengths & Risks

  • 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).
  • Its business is concentrated in the state of Madhya Pradesh and any adverse development affecting its operations in the state could have an adverse impact on its business, financial condition and results of operations.
  • The company does not own registered office situated at Ahmedabad and Corporate office situated in Indore.
  • The company operates in a highly competitive environment.
  • The company derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular111 - 111₹2 Lakh
High Networth Individual111 - 111₹2 - 5 Lakh
For Teerth IPO, eligible investors can apply as Regular.
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