Teerth Gopicon Ltd

Teerth IPO

Teerth Gopicon Ltd

₹1,33,200 /1200 sharesMinimum investment

IPO details

Minimum investment
₹1,33,200
Price range
₹111 - ₹111
Lot size
1,200
Issue size
44.40 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

8 Apr 2024
IPO open date
10 Apr 2024
IPO close date
12 Apr 2024
Allotment date
12 Apr 2024
Funds unblock or debit
16 Apr 2024
Tentative listing date

About

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.;
Founded in
2019
MD/CEO
Mr. Mahesh Kumbhani
Parent organisation
Teerth Gopicon Ltd

Teerth Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
46.1931.1739.08202120222023

Strengths & Risks

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.

Application details

For Teerth IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹111 - ₹111₹2 - ₹5 Lakhs1200
High Networth Individual₹111 - ₹111₹2 - ₹5 Lakhs1200

Frequently Asked Questions