As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.
Symbol
| GARUDA
|
Issue Period
| 08-Oct-2024 to 10-Oct-2024
|
Cut-off time for UPI Mandate Confirmation
| 10-Oct-2024 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
|
Issue Size
| "Initial Public Offer of Fresh Issue of up to 1,83,00,000 Equity Shares and Offer for Sale Up to 95,00,000 Equity Shares"
|
Issue Type
| 100% Book Building
|
Price Range
| Rs. 92 to Rs. 95 per Equity Share
|
Face Value
| Re.5 per Equity Share
|
Tick Size
| Re.1
|
Bid Lot
| 157 Equity Shares and in multiples thereof
|
Minimum Order Quantity
| 157 Equity Shares
|
Maximum Subscription Amount for Retail Investor
| Rs. 2,00,000
|
IPO Market Timings
| 10.00 a.m. to 5.00 p.m.
|
Book Running Lead Managers
| Corpwis Advisors Private Limited
|
Sponsor Bank
| ICICI Bank Limited and HDFC Bank Limited
|
Categories
| FI, IC, MF, FII, OTH, CO, IND and NOH
|
Sub-Categories applicable for UPI
| IND (upto 5 Lakhs)
|
Name of the Registrar
| Link Intime India Private Limited
|
Address of the Registrar
| C-101, 247 Park, 1st Floor, L.B.S. Marg, Vikhroli West, Mumbai - 400 083, Maharashtra, India
|
Contact person name number and Email id
| Shanti Gopalkrishnan, +91 8108114949, garudaconstructions.ipo@linkintime.co.in
|
e-form link
| e-Forms
|
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
| SCSB List
|
Ratios / Basis of Issue Price
|  download
|
Red Herring Prospectus
| download
|
Sample Application Forms
| download
|
Security Parameters (Pre Anchor)
| download
|
Processing of ASBA Applications
| NSE Circular on ASBA Application Processing
|
Remark
| The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only.
|
List of mobile applications accepting UPI as Payment Option
| Mobile APP for UPI
|
Video link for UPI based ASBA process
| UPI Based ASBA Process
|
Video link for BHIM UPI Registration
| BHIM UPI Registration
|
