Teerth Gopicon Limited IPO Closed

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IPO date 08th – 10th Apr 2024
Listing date 16 Apr 2024
Type SME
Price range 111 – 111
Minimum order quantity 1200
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Teerth Gopicon Limited is launching its IPO. The IPO opens for subscription on 8th April and will close on 10th April 2024.

Disclaimer: This stock will trade with a lot size of 1200 shares in the SME segment on the listing.

What does Teerth Gopicon Limited do?

Incorporated in 2019, Teerth Gopicon Limited focuses on engineering construction and development, engaging in projects related to road construction, sewerage, and water distribution mainly in Madhya Pradesh. The company also undertakes subcontracting work, which includes significant projects such as the construction of a residential tower in Indore.

The company is an authorized civil contractor that has finished numerous civil engineering projects. Its portfolio includes building construction, water supply systems, pipeline installations, sewage networks, and sewage treatment plants for government bodies such as ISCDL, IMC, USCL, UMC, and MPJNM, among others, and the private sector. The firm holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, affirming its commitment to quality, environmental, and occupational health and safety management systems.

Schedule/Timeline of Teerth Gopicon Limited IPO

Issue Period 8th April to 10th April 2024
Deadline for accepting UPI mandate  Until 5 PM on the issue closing day
Finalization of Allotment April 12, 2024
Initiation of Refunds April 15, 2024
Credit of Shares April 15, 2024
Date of Listing April 16, 2024
Mandate end date April 25, 2024
Anchor Investors Lock-In End Date (50% of the investment) May 13, 2024
Anchor Investors Lock-In End Date (Remaining investment) July 11, 2024

Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.

How to apply to the Teerth Gopicon Limited IPO?

You can apply for the Teerth Gopicon Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for the Teerth Gopicon Limited IPO?

You can check the allotment status for the Teerth Gopicon Limited IPO on the website of the Registrar and Transfer agent.